Quarterly results are published after the close of trading today:
The quarterly results of the heavyweights Tesla, Microsoft and Meta Platforms have had a significant impact on the NASDAQ 100 Index in the past. This is a great pity as my trade would still have had some upside potential, but in combination with the quarterly figures the risk is simply too great in my opinion.
I could liquidate today and enjoy the profit so far or place a stop. However, the next sensible point for a stop would be around €229, which would mean that a large part of the return would be gone again and there is a realistic risk that the trade will be executed well below the stop. 🥺
What would you do?
