We will show you step by step slowly, how we created our own trading system and I believe everyone of you can create your own trading system in future. Every individual have their own risk appetite therefore you must find a trading system that suits your own personality.
I still do not have a name to my system, but my system is based on supply/demand, concepts. You guys are welcome to name my system. Comment below if you are interested to name it.
We do trade base on other rules as well ( , ATR, , Price Actions, patterns, turtle trading) . Most of our entry and exit point are based solely on patterns; i.e. patterns. I have learnt my pattern from my teacher which i found on google http://thepatternsite.com/ You guys can check on the link to learn more. I do not know him... but was inspired by him.
Thomas N. Bulkowski is recognized by many as one of the world's leading authorities on chart patterns. He is a successful investor and trader with over thirty years of market experience.
I learnt my from https://www.youtube.com/user/supplyandde...
However I did some modifications to it on my own.
I have learnt turtle trading from Richard Dennis and William Eckhardt
In future I think it would be good if I tag them separately. So help me name this system and I will tag it separately.
Remember that everything about trading is about discipline. Please exercise discipline or you will burst many of your trading accounts. I have been trading the past 5 years, busted 4 accounts with 4 different brokers. I am proud to say that I have not busted any accounts the past 2 years and I am slowly making profits.
Since its Chinese New Year and I have some time on hand. I have decided to come up with STEP 1.
Step by Step
1) Look at higher time frame. 1 week.
2) Identify the trend. (Within the last 2-5 years)
3) Follow the trend identified.
4) Identify in this case (Sideways)
- Uptrend then buy at
- Downtrend then sell at
- Sideways then can choose to buy/sell at demand/ .
We will always enter at H4. Which we will teach in future, how do we select the H4.
It will be too much to digest if I teach everything at a go.
A follower messaged me. Hello, Work_Harder!Your trading system has a complete tutorial?
Hello, Work_Harder!Your trading system has a complete tutorial?
Shoutout to Litrader who is interested in my system.