السبيعي2
عضو نشط
WHEN - Entry techniques
Buying AFTER the open is BETTER
wait a few moments to allow the market to breath normally
Technique 1: Long Swing Entry Technique 1: Short Swing Entry
Buy the stock from the moment it trades 0.06$ (=1/16) above its previous day's high. As soon as you buy, place a stop-loss order 0.06$ below the low of the previous day or the entry-price - 4%, whichever is higher. Sell the stock short from the moment it trades 0.06$ (=1/16) below its previous day's low. Once you sell short, place a stop-loss order 0.06$ above the high of the previous day or the entry-price +4%, whichever is lower.
Technique 2: Long GAP Entry Technique 2: Short GAP Entry
Used on stocks that gap up or down at the open by 0.5$ (=1/2) or more. Once the stock has gapped, we wait for 5 minutes on a DOWN gap and we wait for 30 minutes on a UP gap. After 5 or 30 mins, we put a buy-stop order 0.06$ above the high of the new day. And we place a stop-loss order 0.06$ below the entry day's low.
In summary, we use the 30-min buy rule when trading in the same direction as the gap and we use the 5-min buy rule when trading in the opposite direction of the gap... Used on stocks that gap up or down at the open by 0.5$ (=1/2) or more. Once the stock has gapped, we wait for 5 minutes on a UP gap and we wait for 30 minutes on a DOWN gap. After 5 or 30 mins, we put a sell-stop order 0.06$ below the low of the new day. And we place a stop-loss order 0.06$ above the entry day's high.
In summary, we use the 30-min sell rule when trading in the same direction as the gap and we use the 5-min sell rule when trading in the opposite direction of the gap...
Step3: HOW - Exit techniques & riding the waves
Our money management principles can be summarized in easy rules:
Stop-Loss Order - place your stop the moment you enter a trade. We exit our trade from the moment we have a 4% loss. We are not second guessing the trade... no problem... move on to the next swing trade...there is never a shortage of opportunities! To do this, we ride our trade using a trailing stop. After each day, we simply move our stop-order to 0.06$ under the low of that day for longswings. And we move our stop-order to 0.06$ above the high of that day for shortswings. However.. we never set the stop loss at a lower/higher price than the day before.
The 50 percent rule - from the moment we have more than a 7% gain on the long swing trade we sell 50% of our shares...and we cover 50% of our shares on a short swing...
Riding the wave - we ride the rest of our trade using a trailing stop. After each day, we simple move our stop-order to 0.06$ under the low of that day for longswings. And we move our stop-order to 0.06$ above the high of that day for shortswings.
Gaps - be prepared to sell your positions if the stock gaps UP for longswings and to cover your short positions if the stock gaps DOWN for shortswing. We use the Long-Gap-Entry-rule as our exit-long-rule & our Short-Gap-Entry-rule as our exit-short-rule
GAP Modes! "LONG Swing GAP: be prepared to sell your long positions if the stock gaps UP and to buy your positions if the stock gaps DOWN...
SHORT Swing GAP: be prepared to short your positions if the stock gaps UP and to cover your short positions if the stock gaps DOWN..."
Buying AFTER the open is BETTER
wait a few moments to allow the market to breath normally
Technique 1: Long Swing Entry Technique 1: Short Swing Entry
Buy the stock from the moment it trades 0.06$ (=1/16) above its previous day's high. As soon as you buy, place a stop-loss order 0.06$ below the low of the previous day or the entry-price - 4%, whichever is higher. Sell the stock short from the moment it trades 0.06$ (=1/16) below its previous day's low. Once you sell short, place a stop-loss order 0.06$ above the high of the previous day or the entry-price +4%, whichever is lower.
Technique 2: Long GAP Entry Technique 2: Short GAP Entry
Used on stocks that gap up or down at the open by 0.5$ (=1/2) or more. Once the stock has gapped, we wait for 5 minutes on a DOWN gap and we wait for 30 minutes on a UP gap. After 5 or 30 mins, we put a buy-stop order 0.06$ above the high of the new day. And we place a stop-loss order 0.06$ below the entry day's low.
In summary, we use the 30-min buy rule when trading in the same direction as the gap and we use the 5-min buy rule when trading in the opposite direction of the gap... Used on stocks that gap up or down at the open by 0.5$ (=1/2) or more. Once the stock has gapped, we wait for 5 minutes on a UP gap and we wait for 30 minutes on a DOWN gap. After 5 or 30 mins, we put a sell-stop order 0.06$ below the low of the new day. And we place a stop-loss order 0.06$ above the entry day's high.
In summary, we use the 30-min sell rule when trading in the same direction as the gap and we use the 5-min sell rule when trading in the opposite direction of the gap...
Step3: HOW - Exit techniques & riding the waves
Our money management principles can be summarized in easy rules:
Stop-Loss Order - place your stop the moment you enter a trade. We exit our trade from the moment we have a 4% loss. We are not second guessing the trade... no problem... move on to the next swing trade...there is never a shortage of opportunities! To do this, we ride our trade using a trailing stop. After each day, we simply move our stop-order to 0.06$ under the low of that day for longswings. And we move our stop-order to 0.06$ above the high of that day for shortswings. However.. we never set the stop loss at a lower/higher price than the day before.
The 50 percent rule - from the moment we have more than a 7% gain on the long swing trade we sell 50% of our shares...and we cover 50% of our shares on a short swing...
Riding the wave - we ride the rest of our trade using a trailing stop. After each day, we simple move our stop-order to 0.06$ under the low of that day for longswings. And we move our stop-order to 0.06$ above the high of that day for shortswings.
Gaps - be prepared to sell your positions if the stock gaps UP for longswings and to cover your short positions if the stock gaps DOWN for shortswing. We use the Long-Gap-Entry-rule as our exit-long-rule & our Short-Gap-Entry-rule as our exit-short-rule
GAP Modes! "LONG Swing GAP: be prepared to sell your long positions if the stock gaps UP and to buy your positions if the stock gaps DOWN...
SHORT Swing GAP: be prepared to short your positions if the stock gaps UP and to cover your short positions if the stock gaps DOWN..."