Like I was telling last week, today I am going to bring some news regarding the last system I have been working to. This week it was an entire week full of optimization for it, and starting from monday I am going to create a trading journal for it, and at the end of theContinue reading “Updates on the new system”
Category Archives: Strategies for daytrading
Correlation stock market and ISM
One of the most crucial pieces of information I have found so far The SP500, NASDAQ, US30 and probably many more indexes goes together toe by toe with the ISM survey report
Strategy details
The preparation is the next one : Bollinger bands with EMA 200 RSI with 65 – 35 levels and 6 period 1 min timecharts 0.01 lots NO TAKE PROFIT POINT/ NO STOP LOSS POINT We use trading view with a manual strategy I have build which focus on alerts. Then I pass those alerts toContinue reading “Strategy details”
New strategy forward test
This time I am going to use bollinger bands with ema 200 + rsi I am going to use TradingView for charts and pass the trades into MT4. I am going to use 1 min time frame This is how its going to look like I am going to use around 15-20 currencies and eachContinue reading “New strategy forward test”
PSYCHOLOGICAL MINDSET
MINDSET The 4 Major Psychological Traps and How to Avoid Them • There are 4 major psychological biases that all human beings have a natural tendency to display. When these biases interact with the world of trading, disastrous outcomes often occur. Being aware of the biases is a major step towards avoiding the traps thatContinue reading “PSYCHOLOGICAL MINDSET”
SETUP and EXECUTION
SETUPS AND EXECUTION The 2 Setups for Getting On-board Trends Early • There are two basic ways to enter a trend day early in the session. Our goal with these setups is not just to get on board the trend, but to get on board of it as early as possible to maximize the profitContinue reading “SETUP and EXECUTION”
STRATEGY and TACTIC
STRATEGY AND TACTICS The 6 Steps to Turning a Strategy Into a Daily Trade Plan • Once you have a strategy for making money from the markets based on sound principles, you need a way to transform that strategy into a practical plan customized for each specific day you trade. Through our years of trading,Continue reading “STRATEGY and TACTIC”
TRADING FRAMEWORK
Drawdowns and Risk of Ruin in Action • Risk of ruin becomes extremely low when we size our positions based on a risk of equity between 1% – 2%. Not only would it take over 100 losing trades in a row to lose all of your money, but it would also take 35 or moreContinue reading “TRADING FRAMEWORK”
MARKET FRAMEWORK
Chart Types to Depict Market Behavior • Candlestick charts (or standard bar charts) are good at showing the trend of market prices. • Market profile charts quickly show you the time / volume accumulated at any particular price, and are good at showing where value is (the place where the majority of time/volume is, asContinue reading “MARKET FRAMEWORK”
Daytrading Professional Training Program
Course designed for trading futures indexes It contains: MARKET FRAMEWORK TRADING FRAMEWORK STRATEGY & TACTICS SETUPS & EXECUTION IN-DEPTH PSYCHOLOGY Slowly I am going to approach and expand each of the topics once I finish passing through them.
