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	<title>
	Comments on: NVDA Swing Trade Setup &#038; Entry	</title>
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	<link>https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/</link>
	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: raider74		</title>
		<link>https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11386</link>

		<dc:creator><![CDATA[raider74]]></dc:creator>
		<pubDate>Wed, 11 Oct 2017 16:44:34 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=183937#comment-11386</guid>

					<description><![CDATA[Thanks.]]></description>
			<content:encoded><![CDATA[<p>Thanks.</p>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11385</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Wed, 11 Oct 2017 14:38:10 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=183937#comment-11385</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11384&quot;&gt;raider74&lt;/a&gt;.

Yes, NVDA is stopped out &amp; will be removed from the Active Trades category as soon as I post an update on the front page. I just wrapped up a video in which I covered NVDA along with the semiconductor sector. Video is processing &amp; uploading now.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11384">raider74</a>.</p>
<p>Yes, NVDA is stopped out &#038; will be removed from the Active Trades category as soon as I post an update on the front page. I just wrapped up a video in which I covered NVDA along with the semiconductor sector. Video is processing &#038; uploading now.</p>
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		<title>
		By: raider74		</title>
		<link>https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11384</link>

		<dc:creator><![CDATA[raider74]]></dc:creator>
		<pubDate>Tue, 10 Oct 2017 23:50:28 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=183937#comment-11384</guid>

					<description><![CDATA[Hi Randy, can we assume that this position is closed since the price exceeded 191 today? TIA.]]></description>
			<content:encoded><![CDATA[<p>Hi Randy, can we assume that this position is closed since the price exceeded 191 today? TIA.</p>
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		<title>
		By: malejandro1972		</title>
		<link>https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11383</link>

		<dc:creator><![CDATA[malejandro1972]]></dc:creator>
		<pubDate>Sat, 23 Sep 2017 03:51:33 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=183937#comment-11383</guid>

					<description><![CDATA[Thanks Randy!  Funny, i had never noticed the dotted lines.  Thanks for all your great analysis.]]></description>
			<content:encoded><![CDATA[<p>Thanks Randy!  Funny, i had never noticed the dotted lines.  Thanks for all your great analysis.</p>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11382</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Sat, 23 Sep 2017 00:48:43 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=183937#comment-11382</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11381&quot;&gt;malejandro1972&lt;/a&gt;.

A beta-adjustment of 0.90 would mean 90% of a typical position size, i.e- a downward adjustment of 10% in order to account for the elevated volatility expected in NVDA.
Using a computer (instead of a mobile device), if you hover your cursor over the phrase &#039;suggest beta-adjustment&#039;, or any term on the site with a dotted line below it, the definition of that term should pop up. A more detailed explanation of beta adjusted position sizing can be found on the FAQ page under the Trading Related Questions sub-category.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11381">malejandro1972</a>.</p>
<p>A beta-adjustment of 0.90 would mean 90% of a typical position size, i.e- a downward adjustment of 10% in order to account for the elevated volatility expected in NVDA.<br />
Using a computer (instead of a mobile device), if you hover your cursor over the phrase &#8216;suggest beta-adjustment&#8217;, or any term on the site with a dotted line below it, the definition of that term should pop up. A more detailed explanation of beta adjusted position sizing can be found on the FAQ page under the Trading Related Questions sub-category.</p>
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		<title>
		By: malejandro1972		</title>
		<link>https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11381</link>

		<dc:creator><![CDATA[malejandro1972]]></dc:creator>
		<pubDate>Fri, 22 Sep 2017 21:34:49 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=183937#comment-11381</guid>

					<description><![CDATA[Randy,
could you please explain your &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;Reducing your typical position size to account for the expected volatility or above average risk &#038; return potential of the trade. For example, if your typical position size on a trade in SPY is $10k, then a SBA of 0.5 would suggest a 50% reduction in you position size, down to $5k. Visit the FAQ page for a more detailed explanation.&#039;&gt;suggested beta-adjustment&lt;/abbr&gt; of 0.90.]]></description>
			<content:encoded><![CDATA[<p>Randy,<br />
could you please explain your <abbr class='c2c-text-hover' title='Reducing your typical position size to account for the expected volatility or above average risk &amp; return potential of the trade. For example, if your typical position size on a trade in SPY is $10k, then a SBA of 0.5 would suggest a 50% reduction in you position size, down to $5k. Visit the FAQ page for a more detailed explanation.'>suggested beta-adjustment</abbr> of 0.90.</p>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11380</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Thu, 21 Sep 2017 15:44:16 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=183937#comment-11380</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11379&quot;&gt;dpatel&lt;/a&gt;.

Yes. At minimum, I expect another move back down to my first target on GBTC around 514 &#038; still think there is a good chance that it will continue down to the second target around 301. If/when that bubble finally bursts, there will likely be much more downside so if you were or are able to find some shares to short &#038; want to tuck them away with the appropriate stops in place, the 150 area looks like a nice longer-term downside target (about a 77% drop from current levels).]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11379">dpatel</a>.</p>
<p>Yes. At minimum, I expect another move back down to my first target on GBTC around 514 &amp; still think there is a good chance that it will continue down to the second target around 301. If/when that bubble finally bursts, there will likely be much more downside so if you were or are able to find some shares to short &amp; want to tuck them away with the appropriate stops in place, the 150 area looks like a nice longer-term downside target (about a 77% drop from current levels).</p>
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		<title>
		By: dpatel		</title>
		<link>https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11379</link>

		<dc:creator><![CDATA[dpatel]]></dc:creator>
		<pubDate>Thu, 21 Sep 2017 15:36:43 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=183937#comment-11379</guid>

					<description><![CDATA[@rsotc-Sorry I meant GBTC not GBTU !]]></description>
			<content:encoded><![CDATA[<p>@rsotc-Sorry I meant GBTC not GBTU !</p>
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		<item>
		<title>
		By: dpatel		</title>
		<link>https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11378</link>

		<dc:creator><![CDATA[dpatel]]></dc:creator>
		<pubDate>Thu, 21 Sep 2017 15:36:03 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=183937#comment-11378</guid>

					<description><![CDATA[@rsotc-Hello Mr Phinney- do you have any downside targets on GBTU at this time? Thanks]]></description>
			<content:encoded><![CDATA[<p>@rsotc-Hello Mr Phinney- do you have any downside targets on GBTU at this time? Thanks</p>
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		<item>
		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11377</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Thu, 21 Sep 2017 15:02:28 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=183937#comment-11377</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11376&quot;&gt;oxienergie&lt;/a&gt;.

Most likely. I was going to short GBTC today &#038; add it as an official trade idea but Interactive Brokers doesn&#039;t have any shares available to short. As IB has the best availability of HTB (hard-to-borrow) shares, if they don&#039;t have any, chances are that most if not all other brokers don&#039;t have any shares available to short either.
GBTC just backtested the bearish rising wedge that I posted a few times recently (daily time frame). Price are now moving lower following that backtest &#038; I suspect they will continue to fall from here. My point being that if Bitcoin prices fall, so will the GPU makers (NVDA &#038; AMD) as the demand for graphics cards to mine Bitcoin &#038; other cybercurrencies will fall as well.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nvda-swing-trade-setup-entry-2/#comment-11376">oxienergie</a>.</p>
<p>Most likely. I was going to short GBTC today &amp; add it as an official trade idea but Interactive Brokers doesn&#8217;t have any shares available to short. As IB has the best availability of HTB (hard-to-borrow) shares, if they don&#8217;t have any, chances are that most if not all other brokers don&#8217;t have any shares available to short either.<br />
GBTC just backtested the bearish rising wedge that I posted a few times recently (daily time frame). Price are now moving lower following that backtest &amp; I suspect they will continue to fall from here. My point being that if Bitcoin prices fall, so will the GPU makers (NVDA &amp; AMD) as the demand for graphics cards to mine Bitcoin &amp; other cybercurrencies will fall as well.</p>
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