BATS:CTSH   COGNIZANT TECHNOLOGY SOLUTIONS
368 8 2
Opening a short position Monday on this stock. Will manage it on a monthly basis
Trade is close with a loss
Reply
0.97 % return for July , Short still open
Reply
Algo, could you please provide more details on this? Why, targets?
Reply
Algokid PRO charttrader
Hey Trader

Sorry for the delay. The reason I went short here is because :

1) Multi months double top , the stock couldn't reach the all time high of 2011
2) The stock closed below the LOW 10 EMA for 3 month in row. sign of potential decline.

I placed a hard stop @ $63. However here the risk management technique i'm using for this trade :

- If stock closes is positive 2 months in a row , will cover up to 30 % of the position,
- if stock closes is positive 3 months in a row, will cover 100% of position.

I have no particular target for this one, I will only apply the risk management rule above. :)
Reply
I will put detail comments at the end of every month for this trade and the other long term trade i have.
Reply
Agreed.
Reply
Followed.
Reply
Agreed.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out