OLAELEC
1. Trailing stoploss updated day by day
2. Time frame : 5min
3. RSI below 50
4. Today stoploss hit and profit booking done
5. Sellers are taking control the market
6. End of the day marke come down Moving Avarage
A swing trader should conduct back testing may start from one month to 5 year or in certain cases it may go up to 10 or 20 years of data.
A trader must vheck its stratergy on various charts level as well as different market scinario.
If a trader learns about how to adopt different stratergies in different market conditions then around 90% of the job is done. Firstly, we must learn tp recognise the market trend and then immediately adopt stratergy which suits it.
It is generally considered that being discipline and having risk management always works well in market, and this is only one aspect of success in stock market. A good trading stratergy must be mixed with these factor to earn better.
Swing trading is a type of investment that involves balancing short-term trading with long-term investing. It's less stressful than day trading, and can be suitable for part-time traders.Swing trading has several advantages, including:
2024 TRADING PLAN 👇
One month is a good amount of time to Learn trading skills
Learn in this order :-
1. Choose a market/assets.
2. Market fundamentals.
3. Technical analysis.
4. Findamental analysis.