HOW TO: Trade Vale Iron Ore with a Trailing Stop Loss.

VALE struggling to keep up with Chinese Iron Ore Demand

Was having a bit of a read through Yahoo News and spotted this article showing that the two biggest Iron Ore suppliers globally are having trouble keeping up with demand out of China. Vale has had a couple of set backs operationally, but looking at the chart looks like the share price might start moving higher again and most of the supporting indicators looking reasonably bullish.

Article: au.finance.yahoo.com/news/iron-ore-giants-challenged-race-020511635.html

A 16% trailing stop loss as shown on the chart would have kept you through most of the gains made over the last 12 months, whereas you can see in the chart below a 15% trail would have stopped you out early.

Nota

Almost a 9% run before pulling back a bit into its normal channel.

zAngus

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus

Juga pada:

Penerbitan berkaitan

SuperTrail

oleh zAngus

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.

zAngus

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus