Supertrend Trading Strategy - $15K/m Stock Trading #220404

 A Supertrend Trading Strategy You Can Test

This intraday trading strategy will use two Supertrend indicators:

  • Short term parameters of 10, 3
  • Longer-term parameters of 30,9

The rules for the Supertrend trading strategy are simple:

  1. Trade in the direction of the longer-term trend.  This example is an uptrend and traders will ignore all short trades (turns red)
  2. Enter long trades when the short term indicator flips back to longs (turns green).  Entry can be at the next candle open, break of highs, enter at the close.
  3. Trail the stop loss on the short term Supertrend line once price advances

We take our stops because we don’t know if the price is about to flip to shorts and we don’t want to give back too many profits.

https://youtu.be/6fG_TP269W8


What stocks to buy today?  


Nothing

Which stock to sell? ...or stop loss.

Nothing

See you on the next trading day. 


~ Adrian Lee, The Rookie Trader  

PS: GET Free Unlimited US trades for 1 month when you open a new POEMS account... use my referral link... https://www.poems.com.sg/open-an-account/?referral=x2e34

PPS: JOIN MooMoo today with my referral link to get your personal Welcome Rewards... https://j.moomoo.com/00gxKc

PPPS: I would like to thank the following... 


PPPPS: Note to self...
  • Late April to early May - Buy on dip 
  • May - Sell and go away
  • August - Strong month, 
  • September - A Bad month for stocks.
  • November - Reinvest
  • Sell immediately if the price spikes on news.
  • Remove emotion from the equation. 
  • War news. Buy stocks in the oil, gold, and weapon industries. They go up while the rest go down.
  • How to recover from stock market losses? How to recover my money lost? How to win my trading losses back? The best way to recover after losing money in the stock market is to invest again.
  • My Stock Market Up and Down Forecast.
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Find my CapitaLand stocks. Record new stocks properly. Consolidate old stocks. Sell old stocks beyond a certain age. Keep only 20 manageable stocks.
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