Monday, May 18, 2020

Turtle Trading On Boost

The approach  is focus on Risk and Exposure and the Goal for the week and month

Weekly goal is 10% of capital per week or 20% of capital per month..
in which if ever I had profited more than 10% last week my capital base is only the capital plus 10%

Example

Capital $100 profited $20 on that week so total of $120
Since my goal is only 10% gain per week so my book keeping ledger will only be $110 Dollars which the other $10 will be used to boost next week trade giving higher percentage to move around the trading...

benefit on this is
1. to make room of adjustment and create scalping trading.
2. Maximize trade size without compromising the goal percentage
3. Increment fully
4. easily obtain  weekly goal
and many more


Turtle trading On boost.

for the current trade since i do have extra $10 from last week trade i manage to increment it by scalping and currently i do have $17 extra which im going to use this money to increase my trade size on the Plan i have made which is the head and shoulder... This extra will give extra pips for risk or extra trade size it depends on the formation of the market.

thus if by any reason market wont allow us to trade I already manage to earn 7% goal leaving another 3% until the end of this week.

Saturday, May 2, 2020

Using Candle Stick Pattern in 1 Day time Frame you can easily spot Head and Shoulders in lower time frame

Requirements
1. Able to find Support and Resistance on 1 Day time frame

Candle stick pattern that you are looking is this





Make sure you can I identify the  Support and Resistance

By just looking at 1 day time frame the potential of finding
1. Pattern (head and shoulders)
2. Divergent
3 Consolidations

can be identified on lower time frame (1hr and 4hrs)




watch of the Youtube videos for more of this tips
(video uploaded soon)