I have revised and finalised my trading method.
I am openly sharing this below for my dear trading friends.
1) I will buy a stock on the basis of the 3 'S' signals below:-
"Step" (Higher Low)
"Support"
"Sleeping Volcano"
2) I will sell off the stock on the basis of the 4 'S' signals below:-
"SMA 34/8"
"Spike"
"Step-up Step-down" theory
"Stop Loss"
3) I will prefer trading high beta stocks of sound companies.
4) I will not short.
5) I will not leverage beyond my safe limit of ability to absorb 30% shock!
6) I will not day trade but swing or position trade.
Any discussion is most welcome.
Note:-
--------------------
"Step" (Higher Low)
Discussed in my post "Trading Brahmaastra"
--------------------
"Support"
Sharp support for the baseline after a correction rally
--------------------
"Sleeping Volcano"
Discussed in my post "Volcanos of stock market"
--------------------
"SMA 34/8"
Discussed in my post "Deadly combination of 34/8"
--------------------
"Spike"
Discussed in my post "Spike, Climb and Shift"
--------------------
"Step-up Step-down" theory
Discussed in my post "Trading Brahmaastra" as baseline/top line
--------------------
"Stop Loss"
Discussed in my posts "You can't be a winner..." and "Climbing mountain..." and "Guerilla..."
--------------------
No comments:
Post a Comment