My Swing Trading System

#1
Please comment with your valuable ideas for my Trading Strategy.

Trading The Markets profitably with consistant results in the long run is possible. I am using this thread to explain and share my trading with Fellow Traderji Members. Hope you will understand the Trading.

Foreword:
My Strategy is based on the following rules
1. Find low risk entry in a trending stock
2. Measure Risk Reward Ratio (RRR)
3. Decide Stop Loss (SL)
4. Measure Targets
5. Decide on number of lots to trade.
6. Enter the trade and watch carefully for pitfalls until trade is in the Money (ITM)
7. To follow money management rules
8 To follow the trade progress carefully
9 and most importantly to cut losses quickly in the loosing trades.

My Strategy
1. To find Stocks in a trend which are showing retracement.
2. Look for stocks with three to five days retracement and then look for entry above the previous days high.
3. SL is below the previous swing low and first target is the previous upswing units.
4. The margin required should be at the most 40% of total capital invested.

I will post my stock screens and my actual trade entries and exits and my feelings during the progress of trades.

Your comments will be highly appreciated. Lets start
 
#2
Right now I am scanning stocks for the above strategy and will post my scans as soon as I am done with the scans. If you find any stock that fits in the above mentioned strategy please do not hesitate a minute to post them.
 

rkkarnani

Well-Known Member
#3
Right now I am scanning stocks for the above strategy and will post my scans as soon as I am done with the scans. If you find any stock that fits in the above mentioned strategy please do not hesitate a minute to post them.
Welcome to TJ ! Eagerly look forward to your input ! As this is "Introduction" thread, it would be a nice idea to star a New thread in appropriate place... say at :
http://www.traderji.com/swing-trading/
 

Similar threads

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Name:Phone:
Email:City:
State:
Are you a day trader?