Singapore Stock Analysis | Opening Trading Account | Collin Seow
How I swing traded CDW and managed my risk?
Recently, DJI closed above 29000 and SP 500 rallied to an all-time high. The gains came as US and China aimed at easing tensions between the two economic giants. As usual, I was scanning for stocks for The Systematic Trader graduates group for both short term trades (< 5 days) and long term trades (3-9 months). I managed to spot this stock CDW on the 9th of Jan 2020, this is a textbook swing buy setup for me. You can learn more about swing trading with the video here >> Swing Trade Swing Trade BUY Setup Rules Sloping up 20 MA and 40 MA 20 MA above 40 MA CCI < 100 Low below 20 MA Close above 40 MA For CDW – This is how the chart looked This was a swing trade for a few days. Usually, we will risk about 2% of our capital. For Example, if your capital is $10000, 2%