trading strategy

Old trading strategy for trading on the NYSE

This is the old version. One of my first trading strategies, small sketches of trade.(successful) New : NYSE Trading Strategy Main Entry Signals: Break of the previous day's high or low. The stock must break the low 1 day, better more 10 days low or high. There should be a trend on the daily chart and trade only in its direction. Drawing the bottom, in the form of a saucer, stock reversal . The promotion must pass at least 2-3$ from the opening and trading in the afternoon such signals. Centerfold, after a strong rise in the stock and an explosion in volume. Minimum 1$ should grow and begin to rest against the level.

Questions for the second seminar

Next week it is planned to hold a second seminar in conjunction with another 1 trader NYSE, internship around 5 years, a former trader at the firm I work for. Его интересно послушать даже трейдерам с опытом. He has his own trading strategy, which is different from mine. Write the topics that interest you, what would you like to hear. Maybe someone is interested in trading during the reporting season or some other techniques. The more people there will be, the more we want to tell you interesting information and answer questions. Recording of the first seminar : /pervyj-seminar-good_trade/

Lack of concentration

You can write yourself more 100 rules and trade on them, achieving excellent results, but it is only necessary to violate one as the whole Trading Strategy collapses. You need to be constantly focused and focused when trading, avoiding small mistakes leading to sad results. I don't know how to deal with it yet., After all, I’m a man and my head can get sick, thinking about some problem or just getting tired, a series of mistakes starts to accumulate slowly, resulting in terrible cons.

Time dependence of profitable trades

The chart reflects the amount of closed positive and negative trades in a certain interval. He's certainly not accurate, but you can immediately see that open positions in the first hour lead to a minus for me. Here only the closing of a deal is taken into account, regardless of what time they were opened., but based on my experience, I can say that the best time to open my positions is : 10:40 – 11:30 13:00 – 13:40 14:10 – 14:40 It is necessary to try to limit the opening of trades in other time intervals

Scalper: trading style

The team updates our trading style guides, to reflect current market conditions. Almost every experienced trader, who I've talked to, talked about the impact of high-frequency trading and black-box trading on the market. Some were unable to adapt and were forced out of business. From my point of view, Alternatives continue to exist in abundance, But people have to adapt their style, to reflect the new conditions.

Thoughts on the expected value

Let's try to apply a bit of theory, taking the average results, and see what we can achieve by observing only the Expected Value in our trading system, no super deals. Initially, we have a 10C stop in the stock, but taking into account the average slippage of 12С, we set the commission 0.006С. The profitable trade is 45С. The ratio is about 1 to 4 it turns out Position in 1000 shares with us Consider 2 Options : BUT) First 3 our trades are always minus 12C on 1000 shares this 120$ with commission 132$. Fourth deal plus 45C always. B) First 2 our trades are always minus 12C on 1000 shares this 120$ with commission 132$. Third deal plus 45C always. Suppose that on average we do 10 deals per day.

Notes on 4 august

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

Beginner rules (Addition)

Initially you have 3 daily deals. If you did 3 deals and gross more 20 Dollars, you are given more 3 transactions, etc. If less 20 dollars then close for today Loss limit: The day is put 2 loss limit First conditional, if you go for it then you no longer trade today

Business secrets

When a novice trader enters a highly competitive market environment, he should know, what will withstand the brightest and most polished minds of this business. The economic survival of these people depends on their best decisions. Considering this, the question arises: is there anything, what a beginner trader can do, to take "your place in the sun"? The answer is obvious: perceive trade, as a daily business process: […]

Recordings next to monitors

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

Scroll to Top