Showing posts with label technical trend traders. Show all posts
Showing posts with label technical trend traders. Show all posts

Tuesday, July 07, 2020

Timing A trend To Continue Or To End

It is a skill on its own to time a trend whether to continue or to end unless you are fully depending on program trading that normally cut off the top and bottom 10 to 20%, meaning you won't be able to pick top and bottom since relying historical data calculation alone.

Many traders have poorly (or badly) timed the entries and exits due to the misread the trends especially rely on too many price signals and confirmation. Therefore, try find yourself the most technical trend indicator that you comfortable with and work on its historical records year after year to find its yearly profit and loss record. Then, try the real trading without "over-trading".

I had previously told many readers traders about the probability of trading success:
  • 95% failed, 4% survived and 1% made fortunes.
  • Squeeze yourself in the 4% category first in the first 5 to 10 years.
  • You will be in the 1% category only after succeeding the 4%. 
So, how to time a trend if you are a technical trend trader? The answer is almost near to ZERO!

You have to mathematically know that your year after year trading (January to December like doing business with financial ended December) has proven profit record first if you are following almost 100% the technical trend indicator at least 3 to 5 years. 

The answer is near Zero because technical trend traders face a lot of multiple losing trades and only have few good trends to catch in one year. Before you manage to catch a trend, you may have losing all your money in multiple losing trades due to over trading and no more money when a trend has come for you to grab. So, try get though the storm first - The Multiple Losing Trades. Survive in the 4% category first. 

Maintain high capital risk ratio management and make your trading as boring as possible.

Be disciplined trader.

Thursday, December 15, 2016

When CPO Futures Has Reached Targets - 2

When CPO Futures has failed in hitting yearly target, how?

It is believed that no one technical trend indicator will do superbly well every trading year. As readers traders can see in the 12pm6pm indicator and another indicator that we did update for the year 2016 as shown below titles.

December CPO Futures Trading Plan
The Stop And Reverse Trade Signals For Year 2016

Both technical trend indicators had their best year and worst year before, and will continue do the same year after year. For example, The first one is hitting less than 800 ticks yearly target this year while the second one is more than 800 ticks based on per contract size basis. Therefore, one is earning less than 100% yearly rate of return while the other one is more than 100% yearly rate of return.

Find your own comfort zone on which technical trend indicator you like most and work on it. Then, you will know how far you can go.

We write and publish it today (15/12/2016) even though it is not the last trading day for year 2016 as we wish to send out early greeting to all CPO Futures traders - Happy New Year and wish you all have a good and prosperous year ahead.

Final advice: 
  1. since you are not super trader, do your job on "Data Collection" to build up your discipline, 
  2. face the "Multiple Losing Trades" to strengthen your trading psychology, and, 
  3. conquer the "Fear and Greed" in trading success.
Please refer the first article by clicking HERE.

All the best to all CPO Futures technical trend traders.

Thursday, March 24, 2016

What Is CPO Futures Doing Now?

Hello technical trend traders! What is the CPO Futures doing now!?

After taking a few months of 'doing nothing' (as my lovely kids always like to utter the two words after watching the Peppa Pig, the British animated TV series), I am starting to write and publish some words or updates in this blog while leaving the CPO Futures blog and 101 Indicators blog untouched.

Novice technical trend traders are encouraged and advised to read the above 2 weblogs page by page that I did try my very best to write all about technical trend trading especially in futures trading on Bursa Malaysia Derivatives with some guidance from the Trading CPO Futures @ Bursa Malaysia Derivatives and 101indicators On Futures Trading books.

Go to the CPO Futures blog and you will find that there are stop and reverse trades signals since the beginning of this year that many traders have visited the page even though there is a much "delayed" data. Just keep visiting the CPO Futures blog and you will find there is a new trade signal in due course!

Not much I wish to write about for now. However, what I wish to tell traders that the stop and reverse trades have given a positive figure in the first quarter of this year, as generated in the computerised model of trading strategy. This is like making a quarterly report for a business entity in order to gauge the business survival and therefore technical trend traders can systematically track down the real performance beside doing back-testing on a technical trend indicator.

Be a disciplined trader.