Trading is not an easy endeavor. In fact, it is the hardest thing in the world. However, as it is important to one’s financial well-being, the time spent to become a successful trader is well worthwhile. (I consider investing long-term trading, so do not single it out)
In this notebook, I will document some of my analysis and trade selections. It is in free form and can cover anything related to trading. Writing down things can keep my mind focus on what’s happening in the trading world.
I focus on intermediate to long term trading, using daily and weekly data. Sometimes intraday data is also used to observe market forces, actions and reactions, to better time entries and exit.
Methods include Wyckoff, Drummond, Schabacker, Bollinger, Darvas et al. The goal is to achieve positive expectancy with good risk/reward ratio.