smarttrader journal

[smarttrader]

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.

 

[smarttrader]

My chart on EDF to take a trade:

 

[smarttrader]

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

 

[smarttrader]

2 another stocks for high probability trading :

ALLT and SVA

 

[smarttrader]

SVA

 

[smarttrader]

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

 

[smarttrader]

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...

 

[smarttrader]

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