$DELL Has a Bad Swing-Trade Setup Here
Looking back, the only decent swing entry on $Dell Technologies Inc.(DELL)$ was the immediate post-earnings move on September 2.
But even that setup had a catch.
⚠️ The first move could have been an intraday stop-loss attempt, requiring a second entry on a very expanded range.
And after holding for roughly a month, the setup offered less than 2R — even with the stop based on the opening price instead of the low of the day.
That’s the problem.
📉 Expanded range + limited upside = poor R
For a swing trader, I don’t think entering $DELL after such an expanded move makes much sense.
Why tie up capital for a month when the potential reward is so small relative to the risk?
That’s very different from position trading.
If you’re building a long-term position periodically based on conviction in the fundamentals, you can have a completely different framework.
For swing trades, though, I want the entry, risk and reward to make sense before putting capital to work.
Sometimes the best trade is simply not taking the setup. 👀
Markets are always moving - and sometimes, the best move is knowing what works for you.
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