In Brother Zhao's trading, he emphasizes the lows, especially the lows that are repeatedly tested. Sharing the learning outcomes with everyone.

For example, $GraniteShares 2x Long NVDA Daily ETF(NVDL.US) at 73.86, from September until yesterday, has been tested for the 4th time, with rebounds occurring the first three times. Moreover, from a technical indicator perspective, it has already entered an overbought state. Additionally, I personally believe that AI hardware stocks have been unfairly sold off.

So yesterday, I placed an order at 73.85 for a short-term bet, set as all-day + good till canceled. Essentially betting on the probability of reaching this level and seeing a rebound. Yesterday, it coincidentally rebounded right at this level. Of course, if it breaks below this point and doesn't recover within three days, then the support is invalid, and we'll need to find the next support level.

The algorithm for short-term trading is based on statistics to capitalize on high-probability events, improving the win rate.

$NVIDIA(NVDA.US)