I've been trading for half a year now and learned a lot over this short period of time. One thing hasn't clicked yet with me and that's the title of this post. I'll use some examples with Euro currency.
Nbis, made me the most money and it works until it doesn't i guess... but what triggers it?
ATH 240 Euro sell... drops down to 120 Euro (July Aschenbrenner fiasco) buy dip.. runs up back to ATH after quarterly and I sold. Drops back down to 170 /180 Euro... runs up to 220 palantir deal... sold.. down back to 180 Euro bought back in. I think u get the picture. Feels like a free money glitch lmao.
AMD... same picture. Runs up to 420-450 Euro.. sell. Goes back down to 395 buy. Rins and repeat honestly.
Iren same boat. 30 Euro floor... get rdy to dump 35-40 Euro. Rinse and repeat.
What makes NBIS and the other stocks actually hold for once ATH and burst through it? If I wouldn't have sold until today... i'd barely have made money. If I hadn't sold Nbis 3 times so far, i'd missed out on about 100% gains in total.
It's 4am in Germany.. if anyone should answer i'll reply after some sleep. Good night.