The Simple Strategy
A Powerful Day Trading Strategy For Trading Futures, Stocks, ETFs and Forex
“The Simple Strategy” is a powerful trend-following trading strategy for trading futures, stocks, ETFs and Forex.
It's my favorite trading strategy for the following reasons:
Clear Entry Rules
When trading “The Simple Strategy”, there’s no second-guessing. As you will see, the entry rules are based on indicators – and these rules are black and white. Either the MACD is above the zero line or it isn’t. And either the RSI is above 70 or it isn’t. The entries are easy to identify and execute. That’s why this strategy is called “The Simple Strategy”
Clear Exit Rules
When trading “The Simple Strategy” you’ll know when to exit even before you enter the trade. So, you know exactly how much to risk on any given trade which is essential for precise position sizing and money management. Plus, you can put the trade on auto-pilot once your entry order is filled. This keeps trade management to a minimum. Many traders fail because they over-manage their trades. Using the exit rules of “The Simple Strategy” you won’t run the risk of over-managing your trades. It’s like the “Showtime Rotisserie” – You set it, and forget it. 🙂
Taking advantage of small intraday trends
These days trends are short-lived. The times when you could enter the market in the morning and exit the market in the afternoon are over. These days the markets can turn on a dime. Low trading commissions and computerized trading have destroyed the nice and long intraday trends. However, with “The Simple Strategy” you can take advantage of the small intraday trends that we are seeing in today’s markets since we are only trying to capture 15% of the average daily range.You don’t need a sophisticated trading software
If you want to trade "The Simple Strategy", you only need a charting software with “basic” charting capabilities: Your charting software needs to be able to plot RANGE BARS, BOLLINGER BANDS, MACD and RSI. More than 90% of the charting software packages that are available today have these capabilities. There’s no need to buy any proprietary indicators or expensive charting software!
In short: “The Simple Strategy” can greatly simplify your trading.
In this book you will discover…
How "The Simple Strategy" Can Help You In Your Trading
How To Make Money Even If Half Of Your Trades Are Losing Trades
How To Set Up Your Charts For "The Simple Strategy"
When To Enter a Trade
Where To Place Your Stop Loss
When Yo Take Profits
What To Expect When Trading The Simple Strategy
… and much more
In short: You will learn everything you need to know to trade this strategy!