TomTurboInvest (@TomTurboInvest) on getquin

10Mon·

Short trade / excursion into the US automotive sector ended after a good 4 weeks.

The level before the red candle of 8.10. has been reached. Although I still see potential, get rid of it - before the gap at the bottom of the 28.11. is closed again.

The free capital went into the $KTN (-2.9%) at 20.00€

PS: Chart is in USD

05.01

Sold x58 at €33.04

€1,916.03

11.74%

2 Comments

TomTurboInvest@TomTurboInvest

10Mon

@ag84 fyi - that "roughly" corresponds to your thoughts, but there are always a few trades running in parallel. I find it extremely difficult to do this in series! In addition, I don't have a strict time limit - it can be a few days, a few weeks or even months - depending on how things are going. Entry and exit points are essentially only derived from TA. Otherwise I wouldn't think of anything for short-term trades.
But the basic idea is similar to what you posted. I have a small portfolio share as quasi "risk capital" and I've been trading my way through the last few years and generating cash flow almost monthly.

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