Bearish Alert for Hang Seng Index

Good day traders,

A Black Friday can be turned into a Red Friday for HK stocks. I don´t usually post stocks trades but this seems interesting with a 20% potential move.

I entered short at current levels for a 18.000 target

Bear in mind this could drag down rest of indices

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6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles

Handel aktiv:

Bearish bias intact , I keep short

Handel aktiv:

move stop to 21701 to lock in profits, no risk on this trade

Handel aktiv:

Bearish bias intact , keep short

Handel aktiv:

I moved stop to 20400

Handel aktiv:

Trailed stop to 19850 , following the trend

Handel aktiv:

Trailed stop to 18950 , and closed 50% position . Remaining position just residual profits