Make Money Trading Leading Stocks by Das Debabrata (David)

Author:Das, Debabrata (David) [Das, Debabrata (David)]
Language: eng
Format: epub
Publisher: www.thinkandretire.com
Published: 2019-10-25T16:00:00+00:00

Traders should develop their own strategies based on their trading style and objectives.

TRADING PLAN – SHORT TERM TREND TRADING

For short term trend trading, I will use a fixed 2:1 Reward to Risk Ratio for managing the trade.

ENTRY SETUP CRITERIA

I am discussing one of my favorite Setups in this section. The Setup will occur when the Positive Directional Indicator (+DI) crosses above 25 on the daily stock chart, if the other conditions are met as noted below. 14 period DMI indicator is used for all the examples.

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