Investment Division·Short-termPilot
Disciplined Trend Trading
Daily/weekly trend trades with mechanical rules, volatility-based sizing and a hard monthly loss limit.
- Desk
- Public Equities
- Book
- Tactical trading
- Horizon
- Short-term · Under 12 months
- Last reviewed
- 11 Sept 2026
Thesis
Retail-heavy Vietnamese markets trend longer than fundamentals justify. A simple, strictly-followed trend system has positive expectancy after costs, but only when losses are tightly controlled.
Rules
Entry
Price breaks the 20-day high on rising volume; weekly trend up.
Exit
Stop at 2×ATR; trail on the 10-day low; take half at 3R.
Sizing
Risk 0.5% of book NAV per trade; max 5 open positions.
Risk limits
- 2% fund-NAV monthly loss → stop until next month
- 6% fund-NAV annual loss → stop until Committee review
- Margin ≤ 30% of book
KPIs
- Net positive after fees and tax annually
- 100% rule compliance (trade-journal audit)
Instruments
- Liquid stocks (turnover > VND 50bn/day); VN30F futures for hedging only
Vietnam equitiesGlobal equitiesBonds & term deposits#equities#trading#trend