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    Simple Trading With The RSI
    Simple Trading With The RSI
    Simple Trading With The RSI
    Ebook27 pages18 minutes

    Simple Trading With The RSI

    By O. Holgar

    ()

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    About this ebook

    I wanted to trade successfully, basically, make enough money to retire the mortgage, etc. that was what started my trading.  This book is the end of my learning.  Not to disappoint you, I am a trader of stocks, options, and Forex who has made a lot and lost a lot.  Does that sound familiar?  To get off the up-and-down trading elevator, I got pissed and determined to succeed.  I started reviewing my trades, reviewed the primary education material, and truthfully there were a few things I had missed or forgotten. I read, backtested, and kept a detailed journal. Finding what I needed in the RSI and a simple approach I could handle without much journaling or time involved.   RSI!

    LanguageEnglish
    PublisherSophia Mae
    Release dateJul 31, 2023
    ISBN9798223268413
    Simple Trading With The RSI

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      Book preview

      Simple Trading With The RSI - O. Holgar

      SHORT CUT:  From Losing to Winning!

      If you're in a hurry, here is the core of a smile trading process.

      I am sure you have heard all this advice before.    NOW USE it!

      1) Set SMART Goals for your trading in writing and refer to them after each trading day.

      2) Pick the market you are going to trade in and find a platform allowing unlimited paper trade.   It takes practice and more practice and hard work.

      3) Develop a strategy with a simple tactical plan, then STICK TO IT.

      4) Analyze all trades daily; the ones that work, particularly those that don’t, work, as they will be the best learning tool!

      5) Follow your strategy and tactics, the key to successful trading.  Making changes or adjustments to make trades work won’t work for long.  Yet trading must adapt to changing circumstances, BUT only when data, news, or the market shows reasons to change.  Follow your plan; you will gain more than in the past. If you keep changing tactics, a behavior I have done, there will be losses. 

      6) Set the plan with entry, exit, stop loss, and profit targets. The key to trading successfully is having a plan and following it.  I will repeat this often and in several ways in this book.

      That’s the whole process.

      It requires discipline and patience with every trade.

      No Exceptions

      My big AHA was all those stop losses. I just knew it was going to come

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