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.
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
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
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...
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