Guerilla Trip Trading (Power Weapon)

Here is a sure-fire, most basic, most simple trading weapon. some call it "scalping", i call it "Guerilla Trip Trading"....whatever the name, don't mistake its simplicity...it is deadly effective....

Step 1:

See the trend quickly!

Step 2:

Take a pro-trend position in a flash!!

Step 3:

a) If the trend reverses immediately after you enter, trip the game.

b) If it goes in your direction, ride with a trailing stop loss.

c) When the fear of losing the accumulated profit is more than the greed for more, book profit & run!

Do this & trade fearlessly in any market conditions!

This is what guerilla warfare is....suddenly appear from nowhere...take a quick position...if u lose, run away with tiny loss.........and when u win......run away when the booty is "sufficient"

....this is also known as "Scalping".

If you don't mix that bloody emotion-thing in this, the success ratio of this war strategy is more than 75%!

The key thing is the 'tripper'. This is similar to the fuse trips we have at home which trip in a flash when there is voltage surge.

One should preferably enter by buying higher lows in uptrend and selling lower highs in downtrend.

With 'tripper' in hand one will be ok even if he/she doesn't apply any more brain then estimating the trend by commonsense glance.

This strategy takes the fear out of trading....

The fear of fear kills more people in trading than fear itself!

It is so simple to profit but it is so difficult to be simple.

These days i am reading a book "Blink" by Malcom Gladwell.

In this book the author says that when we have a first look at anything, some thoughts come in our mind.

That initial thought is generally true.

The logic behind that thought may be revealed later (at times never revealed), but the thought is generally correct.

It is because our sub-conscious mind takes in more info in a blink than our conscious mind can in 10 times more time.

The author encourages us to use our sixth sense/ hunch feeling / gut feeling which comes IMMEDIATELY on seeing A thing, A person, A situation etc...

Use this "Blink" thought to know the trend.

Don't use "intelligence".

Just ask yourself "what initial thoughts came to my mind when i first saw this graph?" "What is the trend that immediately flashed in mind?"

The beauty of this method is that it gives you the luxury of being wrong.

There is no stop loss in this technique. there is tripper. The moment u feel uncomfortable, trip.....just trip!

After initial panic tripping, you will master it! This is the hardest part....because we all hate to lose....

The paradox is that we clutch the loss harder just to avoid the loss!!!
no hedging, no prayer, no expectation, no judgement, no "expert" views, nothing...but tripper.

Of course, the common-sense must be used. e.g. it is known that the trading graph rarely moves in straight line (higher lows or lower highs, consolidations etc.)

.......this technique is excellent to start with. experience will bring many a improvisation for you.