smarttrader journal

Discussion in 'Journals' started by smarttrader, Mar 11, 2010.

  1. Hi,

    RULES :
    1. Initial capital of 100 000$.
    2. Technical analysis
    3. Money management rule : risk max of 1% of capital
    4. Markets : NASDAQ/NYSE/AMEX/EURONEXT (europe)

    Today : Sell short EDF (EURONEXT) for 100 000$
    Target entry at 38.285
    Stop loss at 38.687 (-1.05%)
    Exit at 36.95 (+3.48%)

    New capital : 100000 - 100000 = 0.
     
  2. My chart on EDF to take a trade:
     
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  3. AF (euronext) is particularly a good one for a swing trade (for short selling):
    1. Fibonacci retracement > 38.2
    2. Breakaway gap
    etc...all explanations on chart

    have good trades
     
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  4. 2 another stocks for high probability trading :

    ALLT and SVA
     
  5. SVA
     
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  6. Loss on EDF.
    So,
    New capital : 100 000 - 1050 = 98 950$

    New trade on "KO" (coca-cola) BUY SIGNAL
    Buy tomorrow at open (about 54.75)
    Stop-loss at 52.20

    Risk on this trade : 4.65%

    Capital to use : 21 279 (formula : (((98950 * 0.01) * 100) / 4.65))

    It remains : 98950 - 21279 = 77671
     
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  7. New BUY trade on CAP (cap gemini on Euronext) :

    Buy at tomorrow open (about 36.580)
    Stop-loss at 35.00

    Risk of 4.3%

    We buy 493 shares = 18033$

    Available capital : 77600 - 18033 = 59567$

    Technical analysis on CAP : Cup and handle...
     
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  8. BUY signal on VIE (veolia -> Euronext)

    Buy at today open (about 25.35)
    Stop-loss at 24.52 (Risk of 3.3%)

    Cpital to use : 30 000

    New available capital : 59567 - 30000 = 29567
     
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