Mps721
Junior member
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Hey everyone I am pretty new to trading in general, only have about 4 months experience.
Recently I decided to try and make my own strategy instead of all the other hype I hear from ppl trying to sell their product so here it is. Tell me what you think
NOTE: Ok like I said im new and I dont have any bills to pay so I am happy with these numbers, just keep that in mind before you tell me if its a good way to trade or not
- Identify Trend
- Establish Valid trendline
Confirmation of Stochastics (14,3) (about to break above 20 for a buy and the opposite for a short)
-Entry on third confirmation of trendline
-Risk to Reward ratio 1:1.3
Like I said I am happy with only trying to make 50$ and risking 35$
So do you think this is a good way to trade conservatively?
Recently I decided to try and make my own strategy instead of all the other hype I hear from ppl trying to sell their product so here it is. Tell me what you think
NOTE: Ok like I said im new and I dont have any bills to pay so I am happy with these numbers, just keep that in mind before you tell me if its a good way to trade or not
- Identify Trend
- Establish Valid trendline
Confirmation of Stochastics (14,3) (about to break above 20 for a buy and the opposite for a short)
-Entry on third confirmation of trendline
-Risk to Reward ratio 1:1.3
Like I said I am happy with only trying to make 50$ and risking 35$
So do you think this is a good way to trade conservatively?
