| Home Page |
|||||
![]() lionel319 - ArticlesI always believe that, as a trader, we should always have a nice trading setup that suits our lifestyle (time, commitment, etc) instead of the other way round. Most importantly, the trader should feel as comfortable as possible using the trading setup that they chose/created. Most importantly, everything in the setup should make sense. Every bit and little pieces of the entire thing should feel ..... right and comfortable.
I'm a guy who stays outside of the States, in Malaysia actually (12 hour difference), and have a normal 8-5 day job, and thus, day trading was definitely out of the question for me. I've tried some other time frames of trading methods, but still, I still find myself most comfortable with swing trading,and thus, this is what I came up with. It's not the strategy that doesn't work. It's the personKnow yourself better ......
Realize your own strength and weaknesses ......
..... and design your own winning strategy to success. My Swing Trade SetupI always believe that, as a trader, we should always have a nice trading setup that suits our lifestyle (time, commitment, etc) instead of the other way round. Most importantly, the trader should feel as comfortable as possible using the trading setup that they chose/created. Most importantly, everything in the setup should make sense. Every bit and little pieces of the entire thing should feel ..... right and comfortable.
I'm a guy who stays outside of the States, in Malaysia actually (12 hour The Holy Grail Of Trading, Expectancy- increase your winning trades (Winning probability)
- increase your winning +R value per trade (Average win)
- reduce your losing trades (Losing Probability)
- reduce your loosing -R value per trade (Average Loss)
These 4 areas will be the Holy Grail of all trading systems.
Stay focus, do constant reviews on your trades, and pay full a Negative Divergence On Most SectorsThe SPY has made another up day today thanks to the impressive earnings report from Apple (AAPL).No doubt the bulls seems like over powering the bears lately, the negative divergence across the broad market is something that we have to watch out closely. (Notice the SPY making high peaks, while the MACD is starting to create lower peaks?)
|
|||||
|
Article Categories
|
|
||||
|
|
|||||