Scribd Logo
Upload

Welcome to Scribd!

  • Trading Rules PDF

    Uploaded by

    Frendy Oey
    41 views1 page
    This document outlines trading rules for entering and exiting positions, including only entering when there is a clear trend, looking for pullbacks to enter at key levels, and requiring two candle wick rejections of a pattern involving low-high-high-low-down-bottom formations. It specifies using 1:1 profit-to-loss ratios, partial profit taking at 1:2 ratios, risking no more than 3% of the account per trade, and closing losses quickly while letting winners run with trailed stops.

    Original Description:

    Trading rules

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document outlines trading rules for entering and exiting positions, including only entering when there is a clear trend, looking for pullbacks to enter at key levels, and requiring two candle wick rejections of a pattern involving low-high-high-low-down-bottom formations. It specifies using 1:1 profit-to-loss ratios, partial profit taking at 1:2 ratios, risking no more than 3% of the account per trade, and closing losses quickly while letting winners run with trailed stops.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    41 views1 page

    Trading Rules PDF

    Uploaded by

    Frendy Oey
    This document outlines trading rules for entering and exiting positions, including only entering when there is a clear trend, looking for pullbacks to enter at key levels, and requiring two candle wick rejections of a pattern involving low-high-high-low-down-bottom formations. It specifies using 1:1 profit-to-loss ratios, partial profit taking at 1:2 ratios, risking no more than 3% of the account per trade, and closing losses quickly while letting winners run with trailed stops.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Trading Rules

    Clear trend

    Enter on a pullback

    Two wick rejections

    Enough range

    Pattern – LH HL DT DB

    Enter at key levels

    Enter on a pullback:

    Never anticipate reversals


    Trade Management:

    BE 1:1 profits

    RRR: 1:3

    50% Partials 1:2

    Risk Per Trade 3% Daily Limit


    A – Max
    B – Half
    C – Quarter
    Take Profit: 1:3 or Trail Stop behind previous closed candle in your direction

    NUMBER 1 RULE:
    Close losses fast

    NUMBER 2 RULE:
    Always go BE

    You might also like