SwissTradingSchool

MGP, MGM Growth Properties LLC - Potential breakout

Long
NYSE:MGP   None
NYSE:MGP
After the first breakout on the first rectangle ended in stop loss in May 2019, we are waiting for a new breakout on one of the companies we follow, MGM Growth Properties LLC.
55% of the trades in which we operate end in loss between 10% and 100% of the allocated capital. We are looking for trades that profit between 300% and 500% and even more if possible.
Do you understand why our Profit Factor allows us to increase the value of our portfolio and invest more and more?
Look for clear patterns and systematically manage your stop loss and consequently the risk by letting the profits run.
Good trading at all!

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