My strategy entering March.
RULES:
1. Cut loses quickly (can we sure we have heard this one enough? nope)
2. One trade at a time (take your time to watch carefully and closely to what is happening, learn)
3. Trades of 5% to 10% (+/-) of account total.
4. Let the plays come to you, do not force it.
STRATEGY:
1. Listed stocks price $1 to $10.
2. Catalyst / History / Sector MOMO (study the stock before getting in)
3. Patterns: Dip & Rip / Afternoon VWAP Hold
4. Pre-market with good volume and depth (price action and tight spread, Vol > 5M)
5. Set mental stops immediately after getting and move it up as price goes up.
9. Aim 5% - 10% (+/-)
Posted Feb 27, 21 11:48 AMbyJavierTome
Categories
Basics, Trader Checklist, Trading Mistakes
@BudFawks Thank you Bud. Since I have a small cash account and not under PDT rules, I have created rules and strategies to help me to limit my plays and my FOMO lol. It is working, as I move forward I modify them based on what I learn works for me.
I liked the idea, it's expected that all this luxury will be from this beautiful game https://candy-crush.io
Join now or log in to leave a comment