Saturday, January 16, 2010

Trader's Academy Trading System

Trader's Academy trading system is based on the following simple principles:

1. Trade stocks that are strongly trending up and has consolidated/corrected for a few days.
2. Always try to figure out the support line of a stock for a low risk entry.
3. Avoid stocks that are extremely overbought. We don't want to enter on the peak of the current trend.
4. Avoid stocks that are extremely consolidated except when there is a strong momentum going up.
5. Always incorporate volume analysis on each of your trade. We want to trade stocks that are volatile and is increasing on the direction of the current trend. Take note volume always precedes price.
6. Avoid trading stocks that are moving sideways.
7. Always incorporate a good risk management system on all your trade.

1 comment:

  1. any comments on paxys and ipvg naipit na ako eh

    ReplyDelete