SIME DARBY BHD
Long
Updated

SIME Trading Plan: 2:1 Risk-Reward Strategy for Steady Gains

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SIME Trading Plan
Entry Price (EP): RM1.96

Take Profit (TP): RM2.00 (2% gain)

Stop Loss (SL): RM1.94 (1% loss)

Risk-Reward Ratio: 2:1

Strategy:

Enter at RM1.96 with bullish confirmation (e.g., strong green candle or volume spike).

Exit at RM2.00 for profit or RM1.94 to limit losses.

Risk only 1-2% of total capital for controlled exposure.

Tip: Monitor for positive market sentiment or strong sector performance for added confidence.
Trade closed: target reached
Take Profit (TP): RM2.00 (2% gain)

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