Showing posts with label Simple Trading Skills. Show all posts
Showing posts with label Simple Trading Skills. Show all posts

Sunday, March 30, 2025

High Probability Trade Setup with Smart Indicators to Consistently Triggered Low Risk Buy and Milk the Trend as its goes Higher Up.

 


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!

 

 

Wednesday, November 13, 2024

What is the preferred amount for Swing Trade and allow room for learning from mistakes?

 


 
In my opinion, a good enough amount of startup capital is good for learning
how to trade along the way, allow one to make some mistakes and learn from it.

Too small an account is easily wipe out in one or two trades and may not give a 
trader the sufficient amount of time to learn from trials and errors to discover 
own trading behavior and habits.
 
If you just started to trade and started to make some profits as a Novice,
you are being lucky in the bull market phase.
 
A trader will be challenged during the bear market phase and if you can still
can stay profitable and calm. Different market condition requires different trading 
strategy has to change to tailor to the market condition.
 
Learning how to add more lots along an uptrending stage 2, will definitely allow
you to reap most profits for a stock, crypto & etc.
 
e.g. of below trade taken in the past.
 
 
 

 

 
 
 


 
 
 
 
 

Wednesday, April 7, 2021

Trade to Win Strategy #8 - Stella Life Science

 


Above diagram illustrated where to buy and take profits as the price trends higher.

Blue Arrow - Buy Order
Red Arrow - Sell Order

You do not need to trade multiple stocks at a time.


You will just need to have a basket of 3 to 5 stocks.

If the overall market is bullish and trending up, choose 3 to 5 stocks and watch them like a
hawk.
If the overall market is bearish and trending down, choose 3 to 5 and what them like a hawk.

Initial buy should be on smaller lot size to test if you are right on the stock's direction.
For example if you intend to trade over 10 lots. Initial buy will be 20%, subsequently you
can continue with 20% or more and depending on your risk profile.

Step 0) Scan the market for bullish and bearish stock.

Step1) Your initial entry will be 2lots, if you are wrong within the week, you can cut loss 
without too much pain and move on to another stock. Cut loss when red price bar falls 
below the two MAs and cutloss lines.

Step 2) Once the stock price trades away from your entry level about 10%, move your
cutloss  level to the breakeven point where if you decide to sell, you will not lose any capital.

Step 3) Next as the stock starts to trade higher, look out for opportunity to add more lots
into the up trending stock. Continue to add lots base on my sharing.

Step 4) When price is high above no man's land, sell 50% holding lot size and let the price 
comes back to the base channel low again, continue to add more lots when opportunity
arises.

Step 5) Sell all when you see the following indication such as "end of up market", 
"climatic top", "trap upmove", "supply overcomes demand", "no demand" 
and "supply coming in".

Step 6) Take all the profits and move on to the next stock, repeat Step 0 to 6 again 
and again until trading becomes a routine, boring and just pure execution of clicks.

Tuesday, April 6, 2021

Trade to Win Strategy #7 - Galaxy Digital Holding

 

Above diagram illustrated where to buy and take profits as the price trends higher.

Blue Arrow - Buy Order
Red Arrow - Sell Order

You do not need to trade multiple stocks at a time.


You will just need to have a basket of 3 to 5 stocks.

If the overall market is bullish and trending up, choose 3 to 5 stocks and watch them like a
hawk.
If the overall market is bearish and trending down, choose 3 to 5 and what them like a hawk.

Initial buy should be on smaller lot size to test if you are right on the stock's direction.
For example if you intend to trade over 10 lots. Initial buy will be 20%, subsequently you
can continue with 20% or more and depending on your risk profile.

Step 0) Scan the market for bullish and bearish stock.

Step1) Your initial entry will be 2lots, if you are wrong within the week, you can cut loss 
without too much pain and move on to another stock. Cut loss when red price bar falls 
below the two MAs and cutloss lines.

Step 2) Once the stock price trades away from your entry level about 10%, move your
cutloss  level to the breakeven point where if you decide to sell, you will not lose any capital.

Step 3) Next as the stock starts to trade higher, look out for opportunity to add more lots
into the up trending stock. Continue to add lots base on my sharing.

Step 4) When price is high above no man's land, sell 50% holding lot size and let the price 
comes back to the base channel low again, continue to add more lots when opportunity
arises.

Step 5) Sell all when you see the following indication such as "end of up market", 
"climatic top", "trap upmove", "supply overcomes demand", "no demand" 
and "supply coming in".

Step 6) Take all the profits and move on to the next stock, repeat Step 0 to 6 again 
and again until trading becomes a routine, boring and just pure execution of clicks.

Saturday, December 19, 2020

Trade to Win strategy - #5

 


You do not need to trade multiple stocks at a time.

You will just need to have a basket of 3 to 5 stocks.

If the overall market is bullish and trending up, choose 3 to 5 stocks and watch them like a hawk.
If the overall market is bearish and trending down, choose 3 to 5 and what them like a hawk.

Initial buy should be on smaller lot size to test if you are right on the stock's direction.
For example if you intend to trade over 10 lots. Initial buy will be 20%, subsequently you
can continue with 20% or more and depending on your risk profile.

Step 0) Scan the market for bullish and bearish stock.

Step1) Your initial entry will be 2lots, if you are wrong within the week, you can cut loss 
without too much pain and move on to another stock. Cut loss when red price bar falls 
below the two MAs and cutloss lines.

Step 2) Once the stock price trades away from your entry level about 10%, move your cutloss 
level to the breakeven point where if you decide to sell, you will not lose any capital.

Step 3) Next as the stock starts to trade higher, look out for opportunity to add more lots into 
the up trending stock. Continue to add lots base on my sharing.

Step 4) When price is high above no man's land, sell 50% holding lot size and let the price 
comes back
to the base channel low again, continue to add more lots when opportunity arises.

Step 5) Sell all when you see the following indication such as "end of up market", 
"climatic top", "trap upmove", "supply overcomes demand", "no demand" 
and "supply coming in".

Step 6) Take all the profits and move on to the next stock, repeat Step 0 to 6 again 
and again until trading becomes a routine, boring and just pure execution of clicks.

Thursday, October 15, 2020

Simple Cutloss Strategy System

 


There are a few ways to cut loss or trail the profits as the price heads higher.

1) Using the cutloss lines as shown on the diagram, pink (short term), black line (mid term).
     Cut loss is triggered once the price bar turns red and falls below the pink line
     (price bar does not touch the pink line, it is away from the pink line)

2) Using what is shown on the chart above, moving the cutloss base on the following strategy
     a) Initial buy, cutloss below this entry bar or previous bar pivot level.
     b) Once away from inital entry position, move the cut loss to the next level as
          shown above.

That's it... 

The objective is that if you are wrong on initial purchase, you are cut out immediately
without major injury so that you still can pick up and run again.

Once price is moving away from entry level, look for breakeven point so that if the stock
retreats, you are out breakeven with no harm.

Once the price moves away from breakeven point, start to move the cutloss level higher
along the way up as shown on the chart.


This is my own cutloss strategy, it's work well for me..


Happy Profitable Trading 2020!

Monday, October 5, 2020

Trade to Win strategy - #4

 


Trading Style: 

1) What time to buy a stock? 15mins before market close.
2) What time to exit a trade? 1st hour of opening market.
3) How to confirm a "buy"?  buy from sellers.
4) How to confirm a "sell"? sell to buyers.
5) How many stocks to trade at one time? not more than 3 stocks.
6) How to choose the correct stocks to trade? watch the top 30 volume closely or code a scanner. .
7) How to read the chart? red bars are for shorting and green bars for long trade.
8) How to cut loss? when red price bar falls below the 20MA and below one of the two cutloss lines.
9) How to buy? when green price bar moves above the 20MA and above of of the two cutloss lines.
10) How to trade without fear? start small and finish profitable. Start with 2lots and subsequent add more lots as price moving staggering up the channel.
11) When should I sell partial or all lots? when price trends too far away with the following signs - lack of demand, supply overcomes demand, top reversal, climatic top, trap upmove and etcs, sell 50% lot size that has been accumulated from the beginning, wait for price to go back to its base channel and if it 
starts to move up the trend again, continue to add more lots until the strong sign of "End of  UpMarket" is pretty obvious and therefore sell all the lots to secure the final profits.
12) How to short the stock? perform step 8 with price below both cutloss lines.

Thursday, October 1, 2020

Trade to Win Strategy - #3

 


Trading Style: 

1) What time to buy a stock? 15mins before market close.
2) What time to exit a trade? 1st hour of opening market.
3) How to confirm a "buy"?  buy from sellers.
4) How to confirm a "sell"? sell to buyers.
5) How many stocks to trade at one time? not more than 3 stocks.
6) How to choose the correct stocks to trade? watch the top 30 volume closely or code a scanner.
7) How to read the chart? red bars are for shorting and green bars for long trade.
8) How to cut loss? when red price bar falls below the 20MA and below one of the two cutloss lines.
9) How to buy? when green price bar moves above the 20MA and above of of the two cutloss lines.
10) How to trade without fear? start small and finish profitable. Start with 2lots and subsequent add more lots as price moving staggering up the channel.
11) When should I sell partial or all lots? when price trends too far away with the following signs - lack of demand, supply overcomes demand, top reversal, climatic top, trap upmove and etcs, sell 50% lot size that has been accumulated from the beginning, wait for price to go back to its base channel and if it 
starts to move up the trend again, continue to add more lots until the strong sign of "End of  UpMarket" is pretty obvious and therefore sell all the lots to secure the final profits.
12) How to short the stock? perform step 8 with price below both cutloss lines.

Wednesday, September 30, 2020

Trade to win strategy - #2

 


Trading Style: 

1) What time to buy a stock? 15mins before market close.
2) What time to exit a trade? 1st hour of opening market.
3) How to confirm a "buy"?  buy from sellers.
4) How to confirm a "sell"? sell to buyers.
5) How many stocks to trade at one time? not more than 3 stocks.
6) How to choose the correct stocks to trade? watch the top 30 volume closely or code a scanner.
7) How to read the chart? red bars are for shorting and green bars for long trade.
8) How to cut loss? when red price bar falls below the 20MA and below one of the two cutloss lines.
9) How to buy? when green price bar moves above the 20MA and above of of the two cutloss lines.
10) How to trade without fear? start small and finish profitable. Start with 2lots and subsequent add more lots as price moving staggering up the channel.
11) When should I sell partial or all lots? when price trends too far away with the following signs - lack of demand, supply overcomes demand, top reversal, climatic top, trap upmove and etcs, sell 50% lot size that has been accumulated from the beginning, wait for price to go back to its base channel and if it 
starts to move up the trend again, continue to add more lots until the strong sign of "End of  UpMarket" is pretty obvious and therefore sell all the lots to secure the final profits.
12) How to short the stock? perform step 8 with price below both cutloss lines.

Trade to Win strategy - #1

 



Trading Style: 

1) What time to buy a stock? 15mins before market close.
2) What time to exit a trade? 1st hour of opening market.
3) How to confirm a "buy"?  buy from sellers.
4) How to confirm a "sell"? sell to buyers.
5) How many stocks to trade at one time? not more than 3 stocks.
6) How to choose the correct stocks to trade? watch the top 30 volume closely or code a scanner. .
7) How to read the chart? red bars are for shorting and green bars for long trade.
8) How to cut loss? when red price bar falls below the 20MA and below one of the two cutloss lines.
9) How to buy? when green price bar moves above the 20MA and above of of the two cutloss lines.
10) How to trade without fear? start small and finish profitable. Start with 2lots and subsequent add more lots as price moving staggering up the channel.
11) When should I sell partial or all lots? when price trends too far away with the following signs - lack of demand, supply overcomes demand, top reversal, climatic top, trap upmove and etcs, sell 50% lot size that has been accumulated from the beginning, wait for price to go back to its base channel and if it 
starts to move up the trend again, continue to add more lots until the strong sign of "End of  UpMarket" is pretty obvious and therefore sell all the lots to secure the final profits.
12) How to short the stock? perform step 8 with price below both cutloss lines.