The most important thing in improving your trading is the constant analysis of your mistakes., crossing out what prevents you from earning and leaving what makes a profit. Cut down on losses and let profits flow. Everything ingenious is simple, but the realization of this for everyone happens in different ways and not everyone can reach this.
- 90% days on which I start trading in the first hour end with a minus, even if the day started with a good profit. Therefore, I should not trade before 10:30, the most profitable trades were opened about 10:40-11:00 and continued from 30 minutes to time.
- The most profitable days of the week are Tuesday, environment, Thursday
- There is a lot of news on Wednesday and open trades until 11 hours is not recommended
- A new aggressive method yields positive results, But don't overdo it. The fourth and fifth addition to a position leads to a deterioration in price and a large position. It turns out a bad stop on a large position.
- There should be no more than one week, two days are negative and the minus for them should be in 2 times less than the average plus day.
- Lunch with 12 to 14 bad time to open a position, most of the time the market stands and the stock does not move. Excess volume is filling, and zero sense.
- With 15 to 15:40 акции чаще всего продолжают свое движение не меняя направление
- Potential and risk to profit are one of the most important indicators when choosing to open positions.
- Потенциал нужно смотреть по дневному и 15 minute schedule. Учитывать сколько stock ходит в среднем за день, the nearest levels from which it pushed off.
- When the level passes, wait for the close 5 minute candles and see how the next one looms, better get the price a couple of cents worse, than go into the shadow of the action.
- The hardest thing is not to trade and wait for a good entry point. If there is nothing to trade, it is better to move away from the terminal for a while, than getting into a bad deal.
- If you missed the entry point, don't catch up with stocks, it's cheaper to wait for the first rollback and again weigh the pros and cons to enter.
- To make good money, you don't have to try to squeeze the maximum out of the market every day, there are days when it is better to decrease the position size or not trade at all, it is much better than increasing positions and entering inappropriate trades.
- The smoothness of the stock is very important, посмотрите как она ходила последние 2-3 of the day and what did she do.
- The monthly profit is obtained by adding up all the days, don't be sad about a minus day. Even if you do a little bit every day, at the end of the month you will have a decent amount. The main thing is to observe risk management.
- If the day is positive, not worth giving more 30-40% плюса. If you started to merge, close the day or take a break.
- We must give profit to grow, but be adequate. For example, making 70C in a stock it is foolish to sit out a rollback at 40C if it can go through another 50C maximum. Хотя бы 50% cover your position.
- If you lose 15C in a stock, then you are wrong., bad entry price or potential must be at least 80-100C.
- You need to trade only if you come with the thought to make a competent and good trade, but do not count how much money you will earn from it
