The constructor of your trading algorithm
Updated
Hi friends, today I want to share the constructor of your trading algorithm.
I want you to take a piece of paper and a pen and answer these for yourself
And this will be your individual trading algorithm
1. Trade style
Decide how you are going to trade
Choose your style
- Short term
- Swing trading
- Medium term
- Scalping
- Carrytrade
- News StraddleTrade
- Long term
- Other
2.Write more specifically here, what time will you work?
Indicate the hours of your work at the terminal
3.What's is stopping you from trading?
Here you should list ALL moments that can confuse you in trading.
I do not trade if:
- Bad mood
- I'm drunk (a), or fun)
- I'm sick
- Exceeded (a) the established level of risk for a day, week, month
- On the day of the release of important economic indicators
- Bank holiday period
- At the end of the fiscal year
- At the beginning of the fiscal year
- Other
4.Trade Details:
Describe in detail all the situational moments in the trade
I am analyzing yesterday's deals
Yes
Not
My instruments (what I trade)
__________
What type of analysis do you use
___________
What patterns do you trade
-add files
What important economic news do I see on the calendar
___________
I am doing a general market analysis on such timeframes
___________
What indicators do I use (indicate names and settings)
___________
Signals to enter the market, i.e. when I enter the market
___________
Pictures of situations
___________
I trade such a market model based on price levels
add files
For me, the signal to enter the market is a SELL order based on price levels
Price trading below the level after the breakdown of the level (breakdown of the level)
Price trading below the level without breakdown (reversal from the level)
In pictures it looks like this
_________
The signal to enter the market is a Buy order based on price levels for me
Price trading above the level after the breakdown of the level (breakdown of the level)
Price trading above the level without breakdown (reversal from the level)
In pictures it looks like this
_________
The signal for a false breakdown for me is
Maximum permissible risks for my deposit (in%) per transaction, per day, per month:
_________
The ratio of profit to loss is
1: 1
2: 1
3: 1
Your option:
Other
After entering the trade for each order, I set StopLoss
Yes
Not
After entering the trade for each order, I set TakeProfit
Yes
Not
In my trading, I practice partial fixation of the volume of the order (I close the profitable trade in parts) *
Yes
Not
What does it look like? Picture*
I make sure to work on the bugs *
Yes
Not
I want you to take a piece of paper and a pen and answer these for yourself
And this will be your individual trading algorithm
1. Trade style
Decide how you are going to trade
Choose your style
- Short term
- Swing trading
- Medium term
- Scalping
- Carrytrade
- News StraddleTrade
- Long term
- Other
2.Write more specifically here, what time will you work?
Indicate the hours of your work at the terminal
3.What's is stopping you from trading?
Here you should list ALL moments that can confuse you in trading.
I do not trade if:
- Bad mood
- I'm drunk (a), or fun)
- I'm sick
- Exceeded (a) the established level of risk for a day, week, month
- On the day of the release of important economic indicators
- Bank holiday period
- At the end of the fiscal year
- At the beginning of the fiscal year
- Other
4.Trade Details:
Describe in detail all the situational moments in the trade
I am analyzing yesterday's deals
Yes
Not
My instruments (what I trade)
__________
What type of analysis do you use
___________
What patterns do you trade
-add files
What important economic news do I see on the calendar
___________
I am doing a general market analysis on such timeframes
___________
What indicators do I use (indicate names and settings)
___________
Signals to enter the market, i.e. when I enter the market
___________
Pictures of situations
___________
I trade such a market model based on price levels
add files
For me, the signal to enter the market is a SELL order based on price levels
Price trading below the level after the breakdown of the level (breakdown of the level)
Price trading below the level without breakdown (reversal from the level)
In pictures it looks like this
_________
The signal to enter the market is a Buy order based on price levels for me
Price trading above the level after the breakdown of the level (breakdown of the level)
Price trading above the level without breakdown (reversal from the level)
In pictures it looks like this
_________
The signal for a false breakdown for me is
Maximum permissible risks for my deposit (in%) per transaction, per day, per month:
_________
The ratio of profit to loss is
1: 1
2: 1
3: 1
Your option:
Other
After entering the trade for each order, I set StopLoss
Yes
Not
After entering the trade for each order, I set TakeProfit
Yes
Not
In my trading, I practice partial fixation of the volume of the order (I close the profitable trade in parts) *
Yes
Not
What does it look like? Picture*
I make sure to work on the bugs *
Yes
Not
Note
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