Dollar Tree: +1% in just 2 minutes

Cindicator
Cindicator
Published in
2 min readNov 25, 2016

We are so excited to announce that our second challenge has started! We are getting daily and weekly price signals on the daily basis. What does that mean? Every day our top forecasters receive 5 questions in which they are asked to set a daily or weekly minimum and maximum price for an asset. It may be a stock, a currency pair, or any other financial instrument. Then our analysts use that signals to make trades. We managed to take 3 trades on the very first day of our challenge. Two of them were profitable and one was a losing one.

So here is a quick description of our first trade:
We asked our forecasters to set daily maximum and minimum prices for Dollar Tree stock (DLTR) on Tuesday, November 22 and received the signals on Wednesday, November 23 at 8:30 am (before the market open).

Our top forecasters said that the maximum price of DLTR would be $90.13 and the minimum price would be $87.66. Therefore, we bought a few shares of Dollar Tree right after the market open at $87.66. We sold them at $88.48 at 9:34 so our gross profit was 1% in just 2 minutes!

DLTR (1)

Happy trading,
Cindicator team
Risk Disclosure. Everything we post is for educational purpose only. Futures, options, equity and currency trading involves the risk of loss. Any opinions, news, indicators or other information contained in our blog is provided as general market commentary and does not constitute investment advice or recommendation to buy or sell any type of security, futures contract, or foreign exchange contract.

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