MRVL as a long ( based on Cisco earnings ) looks good

Discussion in 'Trading' started by Innervoice, Aug 18, 2022.

  1. Innervoice

    Innervoice

    Very good long based on Cisco earnings. MRVL make chips for Cisco ( CSCO ) equipment.
    A move to 54.50-55.
     
  2. maxinger

    maxinger

    Your inner voice said MRVL as a long.

    My inner voice is giving me a headache as I looked at the MRVL chart.
    It looks more like MRVL has reached the mountain peak.
    and is now going down to the base camp due to altitude sickness.

    I'd better take some very strong Pain Killer.
     
  3. Innervoice

    Innervoice

    As a day trade .
     
  4. maxinger

    maxinger

    noted.
    I am a day trader.
    there are very few day traders in ET.
    So when I write, I always assume the OP is a swing trader.

    anyway, if you have longed it a few minutes ago, you should be profitable by now.
     
    beginner66 likes this.
  5. Innervoice

    Innervoice

    I’m out already. Scalped a point and small change.
    Im also long APA with a stop loss.
    Looking for APA to hit the 35.90-36 today.

    Max,
    Do you daytrade everyday ?
     
  6. maxinger

    maxinger

    I am a full-time day (and night) trader trading futures.
    I trade during the early Asian, early Eur/end Asian, and end Eur/early US sessions.

    ave trading hours < 6 hours a day.
     
    beginner66 likes this.
  7. Innervoice

    Innervoice

    I actually never traded futures in my life, I wouldn’t know how. I only know stocks. I know a guy that does and swears by it. He likes futures more than stocks.
     
  8. maxinger

    maxinger


    most people started with
    investing in stocks

    then they migrated/progressed to
    - trading in stocks
    - then trading in derivatives

    so you have to find what best suits you.