regulations

No discipline, no profit !!!

Not sticking to my trading system in the last two weeks, chased big profits and received it temporarily, but it was followed by large and stable losses as a result of which my account confidently crept down.. Why develop a trading system if you do not follow it due to a violation of discipline and a thirst for quick profit.

Position increase table

So far I have made myself such a table for increasing the position size. IN 2 entry. rules : Every new purchase, this is a separate trade Stop is moved to the entire position, but not on 1 price. At least 10C you need to be in the black, to add more shares You cannot increase the position at one price, if the stock stands still. You can improve the price if you accidentally get a very bad price and the stop will be no more than 5C when increasing

U-turns are not mine

Selling Gazprom and Lukoil all day at lunchtime today, waited for a pullback after such large candles. And you could buy and sit. In the end, the day -1% . Hurried and did not wait for the blockage. :cry: Here are a couple of rules : IN 1 the deal does not lose more 0.3% Don't catch reversals, before confirmation. If lost 0.5%, не торговать час При потери 1% close immediately. P.S. Even though NYSE is in the black :)

10 the laws of technical commerce by John Murphy

Which way the market will go? How far up or down? And when he changes direction? Here are the basic questions for a technical analyst. Besides charts, graphs and mathematical formulas, used in the analysis of market trends, there are some basic concepts, applicable to most theories, used by today's technical analysts. John Murphy, leader in technical analysis of futures markets, based on his thirty years of experience, he developed ten basic laws of technical trading: regulations, which are intended, to help explain the general idea of ​​technical trading to a beginner and simplify the trading methodology to a more experienced practitioner. These prescriptions define the key technical analysis tools., and also then, how to use them, to identify selling and buying opportunities.

Trading rules from Jack Schwager

Jack Schwager is the author of the well-known Western bestsellers "Market Wizards" and "New Market Wizards", in which he summarized the experience of the best traders and the most successful investors. Schwager's first book, published in Russian, became an 800-page tome "Technical Analysis. Full course ", published last year by the publishing house "Alpina Publisher". In his book, Schwager also included the quintessence of market wisdom - tips for traders. With the kind permission of Alpina Publisher, we publish the tips in a slightly abbreviated magazine version. Start trading 1. Differentiate between important long-term position trades and short-term trades. Average risk for short-term transactions (implied by the number of contracts in the position and the exit point) should be much less. Besides, the speculator should focus on trading long-term positions, as they are usually significantly more important to the success of the trade. Error, performed by many traders, is, that they are so immersed in trying to catch short-term market swings (creating tons of commissions and slippage), what major price movements are missing.

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