For details of the strategy used for this trade (and historic performance) see linked trade below.
IOT has just fallen below it's 20 day low so I have entered into a short position (P1). Levels for P2, P3 & P4 are shown on chart. As always position size is 1N. Stop Loss is at 2N (2% of portfolio size). Exit at 10 day high so the stop will be at the exit as this is lower. The exit will move over time.
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This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades. "Luck is what happens when preparation meets opportunity"
If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
Trade closed: stop reached
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Stop reached at: 0.61871. Loss of 1.78% on trade.
Overall gain of 16.56% on all Turtle trades over past 3 months.