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Charting your stocks By Garth Mackenzie

Charting your stocks By Garth Mackenzie. Identify the major trend Time your entry Execute the trade Manage the risk. Identify the major trend. Uptrend : Richemont (CFR). Identify the major trend. Uptrend : Richemont (CFR). Identify the major trend. Sideways trend: ABSA (ASA).

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Charting your stocks By Garth Mackenzie

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  1. Charting your stocks By Garth Mackenzie

  2. Identify the major trend • Time your entry • Execute the trade • Manage the risk

  3. Identify the major trend Uptrend : Richemont (CFR)

  4. Identify the major trend Uptrend : Richemont (CFR)

  5. Identify the major trend Sideways trend:ABSA (ASA)

  6. Identify the major trend Sideways trend:ABSA (ASA)

  7. Identify the major trend Down trend:DRD Gold (DRD)

  8. Identify the major trend Down trend:DRD Gold (DRD)

  9. 2. Time your entry Richemont

  10. 2. Time your entry Richemont

  11. 2. Time your entry Richemont

  12. 2. Time your entry ABSA

  13. 2. Time your entry ABSA

  14. 2. Time your entry ABSA

  15. 3. Execute the trade • Buy / Sell Price • Stop loss level • Target level • Risk as a % of account • Quantity

  16. 4. Manage the risk • Entry level • Stop loss • Risk as % of capital • Calculate quantity to trade

  17. 4. Manage the risk Example: Trading Capital = R100 000 Buy Richemont @ R36.00 Stop loss = R34.00 Risk 2% of capital = R2000 R2000 = 1000 shares R2.00

  18. 4. Manage the risk If you don’t bet, you can’t win But If you lose all your chips, you can’t bet

  19. Questions

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