Not every trade needs a 15% target to be worth taking

Sometimes the edge is in probability rather than distance.

$NVDA is sitting near the top of its range and, importantly, it isn’t showing the type of distribution I’d expect before a larger reversal.

Momentum research gives me a framework for accepting that. Recent winners don’t have to immediately mean-revert simply because they are trading near highs.

So this is intentionally a narrow trade.

I’m asking NVDA for continuation, not another vertical leg.

LONG — $NVDA
Entry — $227.38
Stop — $222.00
Target — $233.21
Expected move — +2.56%
Portfolio — 8%
Leverage — 1.25x

Small expected move. Tight invalidation. Larger allocation.

I care about the distribution of outcomes, not how impressive the percentage looks in a screenshot.