TWRTEAM

HOMEWORK for Energy season OCT-April

Panjang
AMEX:GUSH   Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is designed to measure the performance of the oil and gas exploration and production sub-industry determined based on the Global Industry Classification Standards. The fund is non-diversified.

Do not trade "OPTION " 100% lose

Position is alway the best to control your profits

Position loading zone "STRATEGY", APPLy pattern strategy

VWAP , Double bottom base
Base lenght minimum of weeks
Base correction <50% from peak
pivot points breakout through middle of WEEK


Flate base
Base length Minimum of 5 weeks
Base correction <15%
Pivot point Left -side high of base

Double bottom base
Base length minimum of 7weeks
Base correction <50% from peak
Pivot point breakout through middle of week .

building a Position
when you buy a new stock , think about not commiting your entire position in one decision , instead , commit incrementttally making your stock prove it strenght by advancing in price , say your full position for a stock would be $500-1000 for your first position you could contribute $500 at the start and if the stock continues to advance add additional , smaller amounts until you've reach your full position .

My strategy technique is "Pyramiding" or "DCA", A"veraging Up" , "buy to cover ", because after a larger purchase , you make smaller one as the stock advance it important that you buy fewer shares with your second and third purchase to avoid running up your average cost , To aovid making follow up buys once the price of the stock is more than 5% above it pivot point

entry 1 50% price scale 2.5+5% entry loading zone points
entry 2 30% Price scale 2.5+5%
entry3 20% price scale 2.5+5%

A straegy for incrementally scalling into a position as price rise ..

Entry 2 "116"
entry 21 "95"
entr 3 "74"


Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.