How I read a retracement and trade along the direction of trend?

 

Potential Bottom Fishing with Less Risk#6 - Yoma Stategic Holdings

 

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.

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.

What is my low risk trading strategy that helps me to keep profitable consistently?

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...

Potential Bottom Fishing with Less Risk#5

 

How I consistently able to buy the LOW and sell the High with clear vivid price and volume action?

It's take trained eye and guts to take such trade after a massive sell-off..

Risk is usually low as the price has fallen sharply and started to consolidate..

Best place to have high returns and low risk with calculated cutloss near to the entry price.

Cheers.

Common Fear and Greed of Novices