Nvidia Trade Call with Detailed Risk Management

17 days ago

Jerry Romine

"And the last stock we want to look at today is going to be Nvidia. And I want to jump right over here to our risk management bar. So, let's say your account is $10,000. You want to risk no more than 5%, which is $500. So, the question is, will I risk $38 and buy three shares for $567? This $38 comes from where you'd put your trail stop, and that trail stop is 7%. Our target price would be 208.41, risk-to-reward 1.5, and our profit per share would be $19.13. So, if you're a new or seasoned investor, you can set this up, and all of the thinking is almost done for you right here. Looking at the chart, we can see we've got major support right here coming in around $176. So, potential buy points would be at the 176 or if it bounces off this 20-day EMA. And we can also be looking for buy signals. And one thing to notice here, notice how it's gone sideways here for almost 2 months. Before, we had all kinds of buy signals. Well, my indicators are doing all of the work for us."

The speaker provides an explicit trade call for Nvidia, detailing a systematic approach to risk management and entry points. He outlines specific metrics including a target price of 208.41, a trail stop of 7% ($38 risk), a risk-to-reward ratio of 1.5, and potential support at $176. The explanation emphasizes using technical indicators to time entries and exits, aiming for a disciplined, rule-based strategy.

Related Stocks