Monday, October 12, 2020

Using Moving Average Lines as a guide to build a simple trading profitable system

 

With three moving averages, you can trend trade the stock. 

What you need to know are below:

1) When to enter a trade long or short?

2) When to continue to add lots as price trend higher?

3) When to take partial profits when price trend too far away?

4) When to sell everything and be happy?

5) Scan another potential stock and repeat Step 1 to 4 again.

Hmm...trading is boring boring and routine and routine...


Sunday, September 20, 2020

Start Small and Finish Well

 


For beginners who just starting to trade. You need to be in the trades in order to learn.

By starting small and accumulate as the price heading up the trend, monitor the cut loss level per entry. 

Hopefully over the time, the 1000 shares will become 10000, 100000 and etcs with confidence built up over the time.




Limit the risk exposure to a dollar value per day when you start out initially, over the time when you
know your win to loss ratio, you can change the game play.




Happy Profitable Trading!

Wednesday, January 1, 2020

Oxley Holdings Daily Chart Analysis dated 020120 mid day


Looking at the chart, the stock is going into stage 2 advancing therefore inorder to
trigger a buy, need volume confirmation as well as "whatif" level to cut loss..

This stock is slow moving, therefore need patience to hold for a while....