Weekly Recap: August 28, 2026
This Week's Market
NVIDIA's earnings beat the week of August 24 put a bid under the whole tape. QQQ closed up 1.4% on Thursday, August 27, the Nasdaq's best day since August 4, with NVDA itself the name to watch on the 1-minute chart all afternoon.
Good Trade
NVDA short, Thursday afternoon. Rather than chase the first move, I waited for the 9 EMA retest: let it test, let it fail, then execute. The entry held with no fight from the stock, a clean 68¢ slide from $228.62 to $227.94, and I took the win without hesitation.
Bad Trade
Same stock, same afternoon. After getting stopped out and wanting a winner, I forced a second NVDA short without waiting for the setup to actually set up, the entry was off from the start. Then I held on hope instead of technicals, and it ran against me from $227.90 to $229.22, a $1.32 per share loss, more than double what the first trade made. It was not a bad trade because it lost. It was bad because the entry was forced and I did not bail when the chart told me to.
What to Watch Next Week
- Wait for the 9 EMA retest before entering; a failed retest is the signal, not the first move toward it.
- No revenge re-entries. You may win sometimes forcing it, but it is still a recipe for disaster. Emotional capital matters more than financial capital.
- Same stock, same day, two outcomes: the chart was not the difference between the two NVDA trades. Discipline was.
Share counts and per-share figures are shown to illustrate how each trade was managed, not as a suggested position size. Scale any example to your own account and your own risk. This is trade review and education, not financial advice.