This is a post trade analysis of GDS, which offered two exceptional low risk entries. I entered in a less ideal point, but luckily it ended up ok.
Some key point of picking a stock and design a trade:
1. Make sure the fundamental fits CAN SLIM principles, i.e. on an accelerating growth
2. Check the big picture: a. multi-year uptrend; b. consolidating and ready to break out
3. Ideally find VCP pattern before entry, e.g. price tightening and volume decrease
4. Ideal entry point tells you if things are going by your plan with minimum draw down, e.g.. within 5% to a pivot, and within 5% to key MAs, so a 5% drawdown can give you firm signal to exit.
Some key point of picking a stock and design a trade:
1. Make sure the fundamental fits CAN SLIM principles, i.e. on an accelerating growth
2. Check the big picture: a. multi-year uptrend; b. consolidating and ready to break out
3. Ideally find VCP pattern before entry, e.g. price tightening and volume decrease
4. Ideal entry point tells you if things are going by your plan with minimum draw down, e.g.. within 5% to a pivot, and within 5% to key MAs, so a 5% drawdown can give you firm signal to exit.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.