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!
Created a MSexcel Macro Form for Position Sizer and Profit & Loss Calculator
results to store in Response Form worksheet as shown below.
SGX Stock: IFast
SGX Stock: Yangzijiang
Above trading plans are captured to a Response Form to keep track of the inputs for
record keeping.
Response Form:
Each time a new trading plan is created, it will be saved to the Response Form.
"Click any image to enlarge for better viewing"
Trade with my Samsung Phone when on the move and when no access to laptop.
1)
Started investing with CPF OA spare monies in Jan 2021, subsequently setup
a recurring buy with $1000 every month using Dollar Cost Averaging method
until today. The Journey is long but no brainer way to make money.
The only thing that I did over the year was to look at the S&P500 Index and
drew the trend channel so that as long as the Index is fluctuating within the uptrend
channel, it should be making more profits for me.
As I have projected that S&P500 will be enttering a down cycle after 6000 - 6100
level, I will start to liquidate my postion, re-evaluate the next investment opportunity.
https://chartfreely-us.blogspot.com/2024/11/s-daily-chart-analysis-071124.html
https://chartfreely-us.blogspot.com/2024/10/s-daily-chart-analysis-dated-101024.html
In conclusion, if you know how to read the charts well, understand different market
cycle and the strategies to take advantage of the evolving trends. Profitable trading
or investment is not a coindence or guesswork.
Besides, I am also actively using CPF OA monies to trade SGX stocks. Most of the
time, I will swing trade a few counters, add more positions (average up) into the
counter if it continues its uptrend move till near sell-off tops before I exit with
good profits.
Some of the trades that I had updated in the blog.
https://chartfreely-sg.blogspot.com/2021/06/ocbc-daily-chart-analysis-dated-080621.html
https://chartfreely-sg.blogspot.com/2023/08/ifast-daily-chart-analysis-dated-180823.html
https://chartfreely-sg.blogspot.com/2024/10/ifast-daily-chart-analysis-dated-101024.html
https://chartfreely-sg.blogspot.com/2024/05/riverstone-mid-day-chart-analysis-dated.html
The happiest thing is that my elder daughter has started to learn how to read charts,
and to take advantage of trading skills to make withdrawals in the Crypto Market.
There are abundant of opportunities to be made in the Crypto Arena including Meme
Coin, AI Token & etcs.
Everyday, there are so many opportunities presented infront of you to attract you
by giving them more attention and more love (to put monies on them) and let
them show you their loyalty to pay you off in the future if you believe in them.
Financial Trading Skills is a learnable skillset. IT WILL BENEFIT YOU FOR LIFE.
Happy Profitable Year 2024.