These are the results of our training, paper trading on saturday in SANOFI which is quoted in Milán Stock Exchage with the ticker (SANF) , for 1 hour & a half.
Results after training our trading
We have chosen ramdomly the beginning of 2013 and we trade until the beginning of 2015.
Profit in 16 of 22 trades. Really good !!!
Improving & getting some new insights. ; ) And here some comments after today´s session:
Key benefits of paper trading:
We started talking about them in the past post in these series of Paper Trading: https://marktadvisor.com/paper-trading-on-saturday-in-ping/
It´s important to have or create a way of work, always the same things in the game.
Really important to read the price action and understand the soul of that stock, the soul of the market makers moving it.
Crucial is to identify key levels.
It´s a must to train the price action, with no indicators, or the less number possible.
It´s important to set up always an stop loss, whatever it is, but always one, if not, take this chart and take a look in the day 28th October 2014 and the day after……without stop, your account is really hurt.
Traders hate weekends
We, traders, hate weekends, without Markets, without Trading.
This is a good way to be prepared for the next trading week,
Have a nice rest of the weekend traders !!!
#MARKTADVISOR #papertrading #SANOFI #SANF
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José María López Higuera
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