Hi everyone,
here´s another trade I want to show you, I did today. It´s a long trade for Eckert+Ziegler.
Here´s the ISIN: DE0005659700
I spotted the stock as the EMA20 crossed the EMA50.
My approach is to trade stocks with a support of the EMAs to discover chances for good trades.
So I bought 40 shares for 37,65€ so the trade has a volume of 1506€.
To get to breakeven I need a price of 37,95€ because of the fees for buying (5,90€) and selling (5,90€).
If the crossing of EMA50 is valid, the trend should continue...
Have a nice evening :-)
As mentioned yesterday, the crossing of EMA20 and EMA50 could be the beginning of a new trend. And so today I was lucky to be in the market while we had a huge breakout today.
The stock raised up to 41,15€ and pulled back to 40€. So that´s a plus of 6,2% which means round about 90€.
After that big move today I set my stoploss to break even.
If the trend continues, I´ll try to get the most out of that trade.
If we draw a line from the high today and look on the left side, we´ll see that almost exactly at the same level was the former high.
Let´s see what happens tomorrow. And maybe I´ll close the trade tomorrow and get my money.
Always good to start the weekend with some extra cash for a beer or two... or some more ;-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi everyone!
Last friday the stock pulled a little bit back but remained bullish.
Today it gained profit again and i thought about setting my stoploss under today´s candle.
That would mean a price of 38,70€ which is 70cts higher than my actual stop loss.
28€ profit if the price hits the stop loss.
But as we can see on the screenshot, the price is capable to reach friday´s high.
Also the volume was very low on friday. Today the volume was quite good and so I think we are still bullish.
I´ll watch the stock very careful tomorrow and set my stoploss higher as soon as possible.
Hitting the 40€ again would be great.
Rising above the two times tested high would be awesome.
Fingers crossed... :-)
I´ll keep you informed.
Best regards :-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So the big moves heading to 40€ got a bit stuck the last days.
Still my stoploss was not touched.
Although I thought some times to my self that it would have been better, taking the profit from the first move. That were about 100€...
I´m still not sure about my trading style. Do I trade movements and try to ride the uptrend as long as possible. Or am I more in scalping....
Scalping means that you take your risk asap out of the market and make more smaller profits...
Very often the initial trade setup works out fine. But then I let the trade run too long... hoping the setup is still intact and gaining more profits...
I think I´ll try to switch to a more aggressive way securing the profits on the short term.
However... If that trade "goes wrong" I also won´t loose any money because of my breakeven stop.
But trading just for fun without any losses/profits is not what I want to do the next years. :-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It happened again! :-/
The Stoploss got me. Out of the market without profit/loss.
Not a tragedy... but somehow... I should rethink about taking profits.
Very often I just let the trade run and hope, that the first gained profits continue to grow.
I think with the last trades which went plus/minus zero I would have been able to gain at least 200€...
...to be continued...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit