The Nasdaq's recent sideways movement is really testing patience. I've been tracking it for about 7 trading days, to be honest, my patience is almost exhausted.
It might be better to have a sharp correction instead. Anyway, I've realized—I'll need to change my approach in the future. Wait for it to drop, add to my position, and if it rises but can't break the previous high, I'll exit decisively. This trading strategy is actually based on that idea—no more hoping for new highs every day like before.
After all, after such a big rise, there's no shortage of profit-taking at high levels. This kind of volatility could last several months, possibly half a year. Adjust your expectations; consolidation at high levels is normal.
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The Nasdaq's recent sideways movement is really testing patience. I've been tracking it for about 7 trading days, to be honest, my patience is almost exhausted.
It might be better to have a sharp correction instead. Anyway, I've realized—I'll need to change my approach in the future. Wait for it to drop, add to my position, and if it rises but can't break the previous high, I'll exit decisively. This trading strategy is actually based on that idea—no more hoping for new highs every day like before.
After all, after such a big rise, there's no shortage of profit-taking at high levels. This kind of volatility could last several months, possibly half a year. Adjust your expectations; consolidation at high levels is normal.