Finally, I recovered, you can return to trading. Now I want to tighten my discipline and start trading only according to my trading strategy. Here are some small rules : In the first hour I do not trade and at lunchtime Only according to the trading plan Risk profit 1 to 5 Stop 5-10 cents Potential not less 50 cents Only familiar patterns Only trends Smooth stocks Adequate
I remember writing in November 2009 of the year : I have a choice now, continue to drain money and spit on everything or return to disciplined trading and stay in this business. /vremya-zhestkix-mer-chast-2 / I would not like to return to such times, so you need to work harder and better fulfill your ideas: I started thinking about money again, not about smart deals. (You can not earn by focusing on the desired amount ) Stop opening trades once and for all in the first hour The best trades were for the continuation of the trend, not to turn it around. (You can catch a reversal of the stock, but it is very difficult and becoming unprofitable lately )
Results of a Small Experiment : Strict adherence to the trading system The results are very impressive. Out of 2 weeks of adherence to it, there was only one minus day small. True, initially it was a minus at the beginning of the day, but this is due to the fact that I traded in the first hour. According to its results, it surpassed the best month in 2 Times, but then he broke down and could not strictly follow the rules and lost more than half of what he earned through his own fault. conclusions : Observing the Trading System, you can achieve phenomenal results, the main enemy is discipline and emotion. The main problem now is this, not in the trading method. Notes: Do not raise positions too aggressively, best to increase gradually by a third, not in 2 times more. Discipline is gone, stupid deals appeared. We must return to the old style. The market gradually calm down, the season of reports is coming to an end
Wrote myself some ground rules and placed them around the edges of the monitors, not to forget : Only competent deals !!! Work or go f * ck When the market is at a standstill don't trade No ideas, don't trade. It costs a lot of money The deal must bring 500$ on 1000 shares at least In the first hour of trading, I lost more than 10000$ !!! No bitch reversals, only trends
From this day on and for two weeks I will try to strictly observe my trading system.. No deals in the first hour and with 13: 00 – 14 : 00. We comply with the risk management system, only deals with high returns – risk to profit not less 5 . No emotional deals, catching reversals. Only competent and deliberate deals. No plus limit per day, only on loss 30% profits from the high of the closed day. Let's see what happens, of course it is very difficult to trade without succumbing to emotions and not making a stupid deal, but we must strive for this. Results : HERE
You cannot trade small positions, start making stupid deals. The greater the position and risk, the faster and better you think. IN 1001 I repeat to myself : ” You cannot trade in the first hour and catch reversals in stocks, it doesn't make me money !!!!” Large positions move stocks and slip prices, pick up little by little. Never trade other people's ideas and listen to no one
American Securities and Exchange Commission (SEC) The United States on Wednesday proposed the introduction of a new special system of control over the operations of the largest traders on the stock exchanges, reports Associated Press. According to the new rules, which can be approved after the panel receives comments from stakeholders, any trader, performed transactions with more than 2 million. shares per day, must report this to the SEC. Players must also report on their actions., operations which exceeded $20 million. per day or $200 million. per month. To exercise control, all major players will be assigned an individual code. Investors subject to the new rules in the US market are about 400 human, they account for up to 60% stock trading volume in the USA.
Do not trade in the first hour, whatever the small positions, no matter what huge money it promises, DO NOT TEAR OFF POSITIONS IN THE FIRST HOUR !!!! P.S. You need to put it in a frame for yourself. )
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 On Wednesday a lot of news and open trades before 11 hours are 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.
The main tasks that I set myself for March : Close month in plus (granted ) Use the maximum of your opportunities Collect the maximum position in the stock if possible, in 3 приема. Как это сделать я писал тут Минимизироваться риск и увеличить отдачу Соблюдать свои правила Риск в позициях не должен быть больше 10С Брать лучшие цены из возможных