The Systematic Trader User Guide / Bible
Everyday, millions of traders go into the stock market for one reason – they’re looking to trade and make money across the most popular trading game ever – Online Trading. The SMT User Guide / Bible details every aspect of the strategies and game plan from entries, exits to position sizing and advanced tips. If you want to succeed, this manual is a must.
Weekly Position Strategy
Investor type long-term trades, estimated to last > 6 months
1. Introduction, Entries and Exits
Long Entry criteria:
- Red Weekly Candle turns to Blue. (Confirm that your weekly candle is CLOSED, before taking a trade. – typically Friday)
- Proceed to mark the high of the fresh Blue Weekly Candle.
- If price exceeds the high, it’s triggered and you should be taken into the trade.
Long Exit criteria:
- Blue Weekly Candle turns to Red. (Confirm that your weekly candle is CLOSED, before taking a trade. – typically Friday)
- Proceed to mark the low of the fresh Red Weekly Candle.
- If price exceeds the low, it’s triggered and you should be taken out of the trade. If price did not exceed the low, keep marking the following red candle lows until it triggers, or if candle turns blue (which you will then continue to hold the trade).
2. Position Sizing
This is a SINGLE entry SINGLE exit strategy. Position sizing should not be more than 5% of your trading capital for each stock.
Daily Position Strategy
Opportunistic mid-term type trades, estimated to last 3 – 9 months
1. Introduction, Entries and Exits
Long Entry/Exit criteria: (Reverse for short. Both long or short requires positive TIF)
- Red Daily Candle turns to Blue to signify change of downtrend to uptrend. Look for a Green arrow to appear with accompanying positive TIF (dark green).
- Proceed to mark the high of the Blue Daily Candle that has a Green arrow with accompanying TIF.
- If price exceeds the high, it’s triggered and you should be taken into the trade. If price did not exceed the high, mark the following candles’ highs until it triggers. Or if candle turns red (abort trade totally, assuming no position entered yet).
Aggressive Entries + 6 month high Entry
Aggressive entries are for more seasoned traders who can manage their risk well.
Position Management, Sizing and Aggressive Entries (Illustrated Guide)
*If using Stop Loss, please use TGPS Dynamic SL 2X under “indicators”.
Setting Dynamic SL 2X
Candle Trend Reset
Weekly Swing Strategy
Mid-term type trades, estimated to last 3 – 6 months or more
1. Introduction, Entries and Exits (with Dynamic SL 1X)
The Weekly Swing strategy is a mid-term swing trade, estimated to last between 3 – 6 months or more.
Long Entry criteria:
- Weekly candle fulfills swing trading criteria taught. (Confirm that your weekly candle is CLOSED, before looking to take a trade. – typically end of Friday)
- Proceed to mark the high of the fresh Weekly Candle.
- If price exceeds the high, it’s triggered and you should be taken into the trade.
- Find your stop loss based on the the previous low or swing low (whichever is more applicable), and utilising the TGPS Dynamic SL 1X on it
Long Exit criteria:
- Exit 1/2 – 3/4 position once you have reached 2 times your risk/reward target. (risk = your entry price minus your stop loss price)
- Ride the remaining position with any of the exit techniques of your choice from this video (password: swing!may19).
2. Position Sizing
This is a SINGLE entry MULTIPLE exit strategy. Position sizing should not be more than 5% of your trading capital for each stock.
