Trade setup on NEM.N (short)
Date: 10/02/2011
Stock: Newmont Mining
Ticker: NEM.N
Market: NYSE
In: 57,25 USD
Target: 54,51 USD
Stop: Double ATR = 59,99 USD
Stock: Newmont Mining
Ticker: NEM.N
Market: NYSE
In: 57,25 USD
Target: 54,51 USD
Stop: Double ATR = 59,99 USD
Comment:
Oversold confirmed by Center of Gravity, Timing and Dynamic RSI.
Money management:
Money management:
Account: 10.000 USD
Max. loss: 3% = 300 USD
Stop @ 59,99 = 2,74 USD
Position: 300 : 2,74 = 109 stocks
Max. loss: 3% = 300 USD
Stop @ 59,99 = 2,74 USD
Position: 300 : 2,74 = 109 stocks
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