Had NO NVDA, as I sold last year after some profits. I'm NOT sure WHY but I got excited and bought 2,500 shares between 4 accounts (my Brokerage, IRA, Roth IRA, and Spouse's IRA).
I had $138,000 in my ROTH and put 100% in NVDA. They call me "Kenny".............Rogers because I'm a Gambler. BUT....................I ain't a complete dipshit, but very close. I have stop limit sells created at 5% decline, around $175.50.
So I am gambling 5% on those 2,500 shares. I can't lose more than $24-$25K. A LOT of BREAD! But not in comparison to the total. No RISK, No Reward. When Bank of America was $5 in 2009, everyone is running away and I bought it. That is what made me a bulk of my money that I used to invest the last 7 years. Should have held, but sold at $39.
NVDA is a different company and I realize we are in uncharted waters. I just hope my boat stays a float and no sharks have me for dinner!
I'll just watch it closely. If it goes to $195 I will raise my SELL Trigger to $185 (what I bought it) and that way, I can never lose money and won't be stressed. I just hope it doesn't keep dropping like this???