I've traded for 8 years...
And used this technical analysis strategy for the last 5 to reach financial freedom.
I'm giving it to you for free
(Full Guide):
Before I begin,
I'm regularly releasing new trading strategy PDFs in my Telegram.
Get early access to all of them for free >>>Link in Bio.
Most people think they know how to build a trading strategy
But they miss out on half the steps.
Idea + profit target + stop loss
This is NOT a strategy and is NOT going to make you consistent returns.
You need 4 things:
-Environment (alt season)
-Logic
-Risk Management
-Execution
ALL of these combine to make your strategy.
(I'll link a guide with real examples at the end)
We have 2 market environments we need to focus on:
-Ranging (Red Boxes)
-Trending (Green Boxes)
I love trading altcoins after $BTC has pumped and is just starting to go sideways.
You can use moving averages as a visual aid to quickly identify these.
Notice they tend to cross over when price ranges.
The logic;
Look at the structure to determine the direction:
Lower highs/lows = Favor Shorts
Higher highs/lows = Favor Longs
Try to catch the breakouts/downs from ranges. Take fewer trades and lower risk in ranges.
Example Set Ups
This is what the trades can look like.
You bet on continuation after the loss of a key level.
"But that's so simple?!"
Yes.
Trading is simple. But it's not easy.
This only forms the base idea of the system. There's more work to be done.
Now you need
-Entry Rules: e.g x candle closes above/below key level (Make your own)
-Exit Rules: e.g next key resistance (Make your own)
-Risk management Rules: MAX 1-3% per trade
Don't worry about setting the perfect rules at the start.
We'll improve them over time.
"Wait you mean I can't just trade and make money?"
Remember I said it's simple, not easy.
This is what you do now:
-Select 1 asset and timeframe
-Test 30 trades
-Review your trades
-Improve (+Add trade management rules)
-Repeat
Testing, risk management, entry/exit rules, trade management, etc. goes MUCH more in-depth than this.
There's no way I can fit it all into one thread.
But follow along, I'll share plenty more in my Telegram. Full PDF guides that you can use to make money:
Download my Full 2-Tier Alert System PDF now
This is the strategy I use to never miss a major pump on $SOL, $BTC, $ETH, etc.
Early access to the full PDF expires soon: http:/Go.koroushak.io/PDF
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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