up slowly.
the 20SMA and moves higher with volume.
the time to take a trade on the Long side.
withdraw consistently from the ATM.
DISCLAIMERS - The charts presented in this blog site is strictly for educational purposes and to keep track of my own analysis over the times. - They do not constitute investment advice in any manner whatsoever or have any regard to the specific investment objectives, financial situation or individual needs of any particular persons receiving them. -Please consult your personal financial planner for investment advice.
Trade Setup:
1) Enter a trade with Position Sizer to limit the Risk Dollar to take initially.
e.g. 1% of $50K capital, Risk dollar $500 for this trade.
2) Let the market does its job by moving price away from break even level and
subsequently moves higher and wait for retracement back to 20MA to ADD
MORE LOTS on the way up.
3) Every time when there is a sharp spike where price moves up to a level with
huge price bar and looking to the left side of the chart, there is no known
resistance, Smart Indicator showing 80 level, Sell some lots (e.g 50%)
and leaving the rest to test if the price continues to head higher up to reap
more gains and sell about another 30% of inventory.
4) Wait for the next retracement again along the uptrend, to add more lots to the
remaining 20% residue lots from point 3. Keep on milking the uptrend until
the stock reaches 75% or higher (refer to the 2nd diagram, 20MA starts to
flatten and turning down south towards 200MA).
5) Liquidate all the holdings. Be happy that you have fully Milked this stock and
Repeat scan for next stock and repeat the process from point 1 to 5 again.
Focus on precise trade execution, not counting Money during the trade.
Money will find you when you are well prepared and earned the Rights to
recieve the rewards
Lastly, don't give up your job. Continue to create multiple streams of
income is the ultimate goal.
This is how I plan my Swing Trades.
For Position Sizing and Profit and Loss Calculator,
refer to: Position Sizer Calculator
Happy Profitable Trading 2025!
What is meant by my low risk trading?
Buy at a level, cutloss within 2 to 5cts.... when price went higher, e.g. 10ct to 20cts away, add more lots if u see the trend continues to go up... in this way, u will not lose any money soon, even if the price starts to fall, u will still able to exit with the some profits or breakeven before you have bought some lots at lower price......
So where is my initial risk?
Only happen when i enter a new trade....... i need to prepare to cutloss if wrong.... if it continues to move higher, i will continue to double the lot size as it trends higher..... doing so, my average per share is much lower than the market price.... any retracement will not hurt me....
But do I sell 100% when it is time to do so... if possible, keep 20% shares in the market... so that in the next rising market, u already have some lots which bought cheaper and continue the process of adding more lots to the new cycle... as such.. the risks are little.... this is how i work on the market.....risks is always main concern when come to trading...take care the risks, profits will take care itself...