How well is my expert scanner doing in the market using virtual money?

How to know if the stock is about to reverse after a selling spree?

How to achieve trading goal as a beginner?

Hi

I have created the above template for friend who starting to learn to trade.

The above is based on 5% returns per trade, 3 or more successful trades per month to achieve this amount.. Can be contra trading or short term swing trade…

 It can be achieved… This table sets the stage for an individual to do his/her homework every day for 30mins, scan the market, pick any stock that can generate the amount required for the month. At the same time, It also caution trader not to lose too much capital so that he/she can catch up

Later in the next trade….

 

How to achieve the goal?

 
Equip yourself with a market scanner that picks up stock that about to trend or already trending. It can be long or short order, no of lots to buy base on position sizing tool from my website.

Perform risk management by estimating the cut loss level, profit level, entry level and exit level.

Stay confident with the trade unit it shows weakness and exit immediately.

Stay focus on the monthly goal… Do anything to get it done, no excuses…just do it

 

 

How I trade with a system of colors for any exchanges?

While you are chasing the price, the Smart Money is waiting to transfer their inventory to uninformed traders

 

How my blue diamond scanner fared over the years?

 





How I make use of free trading website with virtual money of 1 Million dollar to test my proprietary scanners to

pick stocks for further analysis and fine-tune personal trading system?

 

 

 

 

Extremely High Volume on the upper channel with positive day closed is it a good sign?

 

 

Looking at the extremely high volume bar and positive day closed, did it give you the confident to trade to the long side on the next day? Did the price go up the next day? if not, what had happened?

 

Shouldn't the price go up after such an exciting trading day?

 

If the price was not heading higher then what had happened? -

 

Could it be the start of a distribution so that the price can become cheaper again for the professionals to take advantage of?

 

what is the current critical support level that needed to watch closely?

 

What will happen if price break down this support level?

 

When trading, many questions run through my mind before I decided to make a trade. If there is doubt, always stand sideway to watch how the price trend will evolve before rushing in to take a stand.

 

Never rush into the Market, the Market will always be there even I am gone.

 

Happy Profitable Trading!