3SOF

Public 3SOF Boards => Stock Picking => Topic started by: sebfr on November 29, 2008, 10:40:17 AM

Title: ACM
Post by: sebfr on November 29, 2008, 10:40:17 AM
Hi,

SELL ACM with few risk :
Close at 26.49
Stop loss at 27.25 = 2.8% of risk...
Profit target at about 22.3...

PS : As always don't forget the most important thing in each trade : MONEY MANAGEMENT

By
Title: Re: ACM - swing trade for a rebound
Post by: sebfr on December 09, 2008, 04:09:58 AM
Hi,

we have lost on this one (2.8% of loss)..But the result for me is neutral because i liquidated 50% of my shares with 2.8% of gain (Cf. One of my previous post)...

A good strategy : When you are wrong, reverse your trade (If close is above your stop-loss)...+10% of gain in this example