Hey guys, here is roundup of my trading strategy that i have been using in FX, stock and crypto markets for few years. Strategy is performant with consistent results as long as trader stays completly disciplined by following the rules.
Core rules of strategy
1. Trade only assets that are in soft or strong up trend (if one is trading long exclusively)
2. Look for simple symmetrical flag setup for entry.
3. Always draw a line around which entry and exit of position is managed (either flat or trendline, depending on structure)
4. Fixed risk on every position of 1% of total trading capital. This means position sizes are dynamic based on current volatility and never static!
5. Cut the loss quickly, if price goes straight against you for 1% negative move exit the trade. SL and position sizes are based close to the trendline.
6. Trade the breakout.
7. Let the winner run, always look for 3-5 R of profits per trade, meaning if you risk 1%, look for 3-5% gain on trade.
