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  • STTF

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    Cedrick Capampangan
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    This document provides parameters for day trading second and third liner stocks. It recommends taking 1-2% position sizes per trade with a maximum of 3 open positions. Positions should be exited at 4-5% losses or when technical indicators like the EMA9 are broken. Target profits include selling half at resistance levels and trailing with EMA9 stops.

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    This document provides parameters for day trading second and third liner stocks. It recommends taking 1-2% position sizes per trade with a maximum of 3 open positions. Positions should be exited at 4-5% losses or when technical indicators like the EMA9 are broken. Target profits include selling half at resistance levels and trailing with EMA9 stops.

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    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
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    11 views1 page

    STTF

    Uploaded by

    Cedrick Capampangan
    This document provides parameters for day trading second and third liner stocks. It recommends taking 1-2% position sizes per trade with a maximum of 3 open positions. Positions should be exited at 4-5% losses or when technical indicators like the EMA9 are broken. Target profits include selling half at resistance levels and trailing with EMA9 stops.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Market:

    >2nd Liner
    >3rd Liner

    Timeframe:
    >Daily - Entry/Exit

    Position Sizing
    > 1-2% VAR
    > Max of 3 positions
    > 50% matured market hours + 50%EOD
    > For small port; single tranche (one shot, one kill)

    Parameters (Set-Up):
    - Price>EMA9>MA20 (If MAs are flatten it is a sign of sideways, don't enter!)
    - Formation of L - H - HL - HH (Better if 6 month high or breakout from atleast 3
    months conso)
    - MACD Histogram above 0 line (Weekly and Daily)
    - Daily traded value >= 10M

    Triggers (Entry:
    > Buy on 2-3 ticks above breakout of recent resistance (pause days)
    > Buy on break of area pattern of resistance (flag, penant) - MACD Histogram is
    ignored if breakout of pattern

    Stop Loss (Exit):


    > 4 to 5% from buying point
    > Breakdown of EMA 9
    > Breakdown of Support

    Target Profit (Exit):


    1. Sell half on key level resistance
    2. Sell half on bounce of the resistance
    3. EMA9 Trail Stop
    4. Shooting star on resistance

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