{"id":2910,"date":"2009-12-07T10:59:25","date_gmt":"2009-12-07T15:59:25","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=2910"},"modified":"2009-12-07T10:59:25","modified_gmt":"2009-12-07T15:59:25","slug":"buying-too-early-nvda","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda","title":{"rendered":"Buying Too Early- NVDA"},"content":{"rendered":"<p>Old School NVDA was In Play this open after some potentially bad news from competitor INTC and a rumor on a new contract with Acer. \u00a0NVDA gapped up. \u00a015.75 held the bid on the open and NVDA started to do its thing.<\/p>\n<p>15.87 offers cleared. \u00a016 offers cleared. \u00a016.10 offers cleared. \u00a016.15 offers cleared. \u00a016.25 see yah. \u00a016.30 bye. \u00a016.35 later. \u00a016.40 nice knowing you. \u00a016.45 brick wall.<\/p>\n<p>NVDA had shown its strength so I started thinking about buying into a pullback from the 16.45 intraday resistance level. \u00a0I bought too early. \u00a0I bought 16.16. \u00a0I should have bought below 16 and into the 15.70 80&#8217;s with a stop below 75c.<\/p>\n<p>I should have given NVDA more room. \u00a0Why? \u00a01) The market was very weak. \u00a02) NVDA failed near technical resistance. \u00a0My buy was appropriate for if NVDA had been strong and it was just ready for a natural pullback. \u00a0But I failed to properly factor in and calculate a better entry price because I did not appropriately consider the two factors above.<\/p>\n<p>Best of luck with your trading.  Don&#8217;t forget to <a href=\"http:\/\/twitter.com\/smbcapital\">follow us<\/a> on Twitter.<\/p>\n<p>Long 1\/2 a lot of NVDA. \u00a0Will add if it holds above 16.45. \u00a0Flat 15.75-15.65.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-2912\" title=\"NVDA\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/12\/NVDA.bmp\" alt=\"NVDA\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Old School NVDA was In Play this open after some potentially bad news from competitor INTC and a rumor on a new contract with Acer. \u00a0NVDA gapped up. \u00a015.75 held the bid on the open and NVDA started to do its thing. 15.87 offers cleared. \u00a016 offers cleared. \u00a016.10 offers cleared. \u00a016.15 offers cleared. \u00a016.25 see yah. \u00a016.30 bye. \u00a016.35 &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,10],"tags":[409,410,411],"class_list":["post-2910","post","type-post","status-publish","format-standard","hentry","category-general-comments-2","category-mike-bellafiore-bellas-blogs","tag-buying","tag-early","tag-nvda","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Buying Too Early- NVDA | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buying Too Early- NVDA | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Old School NVDA was In Play this open after some potentially bad news from competitor INTC and a rumor on a new contract with Acer. \u00a0NVDA gapped up. \u00a015.75 held the bid on the open and NVDA started to do its thing. 15.87 offers cleared. \u00a016 offers cleared. \u00a016.10 offers cleared. \u00a016.15 offers cleared. \u00a016.25 see yah. \u00a016.30 bye. \u00a016.35 ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2009-12-07T15:59:25+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/12\/NVDA.bmp\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bella\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda\"},\"author\":{\"name\":\"Bella\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\"},\"headline\":\"Buying Too Early- NVDA\",\"datePublished\":\"2009-12-07T15:59:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda\"},\"wordCount\":188,\"commentCount\":4,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/12\/NVDA.bmp\",\"keywords\":[\"buying\",\"early\",\"nvda\"],\"articleSection\":[\"General Comments\",\"Mike Bellafiore's (Bella's) Blogs\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda\",\"name\":\"Buying Too Early- NVDA | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/12\/NVDA.bmp\",\"datePublished\":\"2009-12-07T15:59:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#primaryimage\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/12\/NVDA.bmp\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/12\/NVDA.bmp\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Buying Too Early- NVDA\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"name\":\"SMB Training Blog\",\"description\":\"Lessons from the trading desk\",\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\",\"name\":\"SMB Training\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"width\":230,\"height\":81,\"caption\":\"SMB Training\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/smbcap\/\",\"https:\/\/x.com\/smbcapital\",\"https:\/\/www.youtube.com\/user\/smbcapital\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\",\"name\":\"Bella\",\"description\":\"Mike Bellafiore is a co-founder of SMB Capital, a day trading firm which takes great pride in its exceptional training program. SMB Capital is an equity prop trading desk that trades on 5th Avenue in New York City. Mr. Bellafiore is a graduate of the University of Connecticut School of Law. He has traded professionally for more than a decade.\",\"sameAs\":[\"https:\/\/www.smbtraining.com\/blog\/bellas-blog\"],\"url\":\"https:\/\/www.smbtraining.com\/blog\/author\/bella\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Buying Too Early- NVDA | SMB Training","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda","og_locale":"en_US","og_type":"article","og_title":"Buying Too Early- NVDA | SMB Training","og_description":"Old School NVDA was In Play this open after some potentially bad news from competitor INTC and a rumor on a new contract with Acer. \u00a0NVDA gapped up. \u00a015.75 held the bid on the open and NVDA started to do its thing. 15.87 offers cleared. \u00a016 offers cleared. \u00a016.10 offers cleared. \u00a016.15 offers cleared. \u00a016.25 see yah. \u00a016.30 bye. \u00a016.35 ... Read More","og_url":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2009-12-07T15:59:25+00:00","og_image":[{"url":"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/12\/NVDA.bmp","type":"","width":"","height":""}],"author":"Bella","twitter_card":"summary_large_image","twitter_creator":"@smbcapital","twitter_site":"@smbcapital","twitter_misc":{"Written by":"Bella","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda"},"author":{"name":"Bella","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161"},"headline":"Buying Too Early- NVDA","datePublished":"2009-12-07T15:59:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda"},"wordCount":188,"commentCount":4,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#primaryimage"},"thumbnailUrl":"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/12\/NVDA.bmp","keywords":["buying","early","nvda"],"articleSection":["General Comments","Mike Bellafiore's (Bella's) Blogs"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda","url":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda","name":"Buying Too Early- NVDA | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#primaryimage"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#primaryimage"},"thumbnailUrl":"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/12\/NVDA.bmp","datePublished":"2009-12-07T15:59:25+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#primaryimage","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/12\/NVDA.bmp","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/12\/NVDA.bmp"},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/buying-too-early-nvda#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"Buying Too Early- NVDA"}]},{"@type":"WebSite","@id":"https:\/\/www.smbtraining.com\/blog\/#website","url":"https:\/\/www.smbtraining.com\/blog\/","name":"SMB Training Blog","description":"Lessons from the trading desk","publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.smbtraining.com\/blog\/#organization","name":"SMB Training","url":"https:\/\/www.smbtraining.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","width":230,"height":81,"caption":"SMB Training"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/smbcap\/","https:\/\/x.com\/smbcapital","https:\/\/www.youtube.com\/user\/smbcapital"]},{"@type":"Person","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161","name":"Bella","description":"Mike Bellafiore is a co-founder of SMB Capital, a day trading firm which takes great pride in its exceptional training program. SMB Capital is an equity prop trading desk that trades on 5th Avenue in New York City. Mr. Bellafiore is a graduate of the University of Connecticut School of Law. He has traded professionally for more than a decade.","sameAs":["https:\/\/www.smbtraining.com\/blog\/bellas-blog"],"url":"https:\/\/www.smbtraining.com\/blog\/author\/bella"}]}},"_links":{"self":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/2910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/users\/144"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/comments?post=2910"}],"version-history":[{"count":0,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/2910\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=2910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=2910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=2910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}