I'll teach you the art of trading through #technicalanalysis
(A course worth 5K for free.)
post 3 of 3
(6) Stop Loss criteria:
- Positional: 15-20% stop loss
- Swing: 5-8% stop loss
- Intraday/Scalper: 1-2% stop loss
(7) Capital allocation:
Position sizing based on risk
management!
- Positional trader: 5-10% per stock.
- Swing trader: 20-25% per trade.
- Intraday trader: 10-15% per trade.
(8) Targets with favorable risk-reward ratios:
- Positional: 1:3 risk reward.
- Swing: 1:2 risk reward.
- Intraday/Scalper: Shoot for 1:1 risk
reward.
Focus on good risk-reward ratios for
successful trading.
(9) Trailing #stop-loss and partial profits booking:
- Move your stop loss to breakeven after
achieving a 1:1 risk-reward ratio.
- Secure 50% profits at 2:1 R:R, let the
remaining ride with a trailing stop using
50-EMA.
(10) General market conditions:
DMA - Day moving average
- Confirm 20 DMA > 50 DMA,
If thats the case, stay invested.
and Thats the end, #DYOR before investing in any assets.