GS for Short (momentum weakening)
Updated
My quant model predicts
Profitability: it has a high probability(62%) to rebound at this level.
Entry Level: 163.03
Worst Case Level: $183.5
Money Management: Bet no more than 15% of capital
Suggested Strategy: Short stock for 5 Days
Profitability: it has a high probability(62%) to rebound at this level.
Entry Level: 163.03
Worst Case Level: $183.5
Money Management: Bet no more than 15% of capital
Suggested Strategy: Short stock for 5 Days
Comment
This Short position is losing right now.However, it still has a higher probability drop from current level.
We keep it for another 5 days.
Comment
a Stop loss may trigger at this pointhowever, my position is small.
and my model still predicts a downtrend at this level.
we will keep this trade on until trend is confirmed to be reverted.
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