Add on, Raise Risk, Sell and When/What Trade Rules

 

Add on Rules:

1. NEVER ADD TO A LOSER!!!
2. Let Runners Run but have a systematic way of raising risk and taking profits.
3. Add to Runners Rules:
• Has to be 20%+ above your average price
• BO then 20min+ Consolidation, You can add on the dips.
• Break of HOD (Needs Some Consolidation 20 to 30 Minutes)
• 40% spike with RCT pattern develops. 
• VWAP Hold HOD pattern happens. 

 

Risk Rules:

1. Max Starter Entry is $150
2. YOUR RISK CAN NEVER BE $10 BELOW YOUR POSITION. 
3. When you add to a position your risk can be no more than the # of starter positions  Times $10 (Meaning if you add 1 time then it is max $20, add 2 Max $30,……)
4. IF THE POSITION HITS YOUR STOP LOSS YOU ARE OUT, NO EXCEPTIONS!!! (Cut Losses Quickly)

 

Raise Risk Rules:

1. 10% Signal Hit, Raise Risk to Entry
2. You can Raise Risk when stock breaks Key Level.
3. You can Raise Risk when stock has a vertical move and you want to use the open of the previous green candle as new risk.
4. When you Add to position then the New Average is Risk
• (Risk becomes at least New Average)
• (Risk Can be over the New Average)
• (Risk can be part of the New Pattern)

 

 

Sell Rules and When I Can Trade MY Pattern:

1. ANY Position over 20% can be Sold at any time, also can be a % of the shares. 
2. Big Resistance Level is hit multiple times and doesn’t break a level and is close to 10%, YOU CAN TAKE THE SINGLE!!!
3. Whole Position Sells are allowed for:
• Near Open 
• Near Close
• Near After-hours Close
• Boredom Stop
4. Pre-market & After-hours Patterns
• RCT 
• HOD
• Previous Runner Pivot Play
• Squeeze Play
• DIP BUY 
5. After 9:45AM I can Trade:
• RCT 
• Oracle Signal/Dip & Rip
• Oracle Signal/Morning Fader
6. Can trade Morning Faders or D&R only in intraday from 9:45AM to 11AM EST and Power Hour
7. HODBO are Best in the AFTERNOONS