Setups¶
The setups I trade, with rules for each.
The framework¶
1 Scan¶
Find candidates: RS leaders, volume, gappers.
2 Plan¶
Entry, stop and size decided before the open.
3 Execute¶
Take the trigger only. No chasing.
4 Manage¶
Partial into strength, trail the rest.
5 Review¶
Log it. Review mistakes weekly.
Pro tip
If you can't state the stop before you enter, you don't have a trade.