Strategies
Shallow Retracement;
An aggressive version of a trend following strategy looking to enter the market on shallow retracements.
Each position will comprise of a maximum of two opened trades, one at a slightly better price than the first and will target trend continuation moves.
Each position will risk 1% of account equity, giving a maximum exposure of 2% per position.
Deep Retracement
This is similar to the shallow retracement strategy but looks to get in at better prices.
It targets higher risk:reward on it’s positions and also risks 1% per position on two positions.
This strategy is expected to trade less trades than the “Shallow Retracement” version.
Two Zone Correction;
This strategy defines two zones for entering into a trend correction. Each zone will consist of two enter prices, so a maximum of four trades per position.
This strategy uses progressive trade sizes, doubling the size of the trades with each position. There is a cap of four positions and max loss on any position will not exceed 5% (More typically in the 3% area).
The strategy uses multiple options for targeting.
Two Zone Deep Correction
This strategy defines two zones for entering into a trend correction. Each zone will consist of two enter prices, so a maximum of four trades per position.
This strategy uses a set percentage of 0.5% per position, giving a net maximum exposure of 2%.
This strategy will look for the deepest corrections in a trending move using a “dollar cost averaging” entry system.
You can read more about the two zones stragtegy in this thread.
Sniper Trade
The above set of strategies is akin to a “shotgun” style. Spreading out the trades over a larger area to give the best possible chance of being able to catch a bite of the next trend move.
This strategy is a single shot strategy. It takes only one trade and looks to get optimal entries that allow for the setting of high risk:reward targets.
The strategy risks 2% per trade and utilizes trailing stops to lock in profits while targeting bigger payoffs if the market continues to run in the direction of the trade without significant pullbacks.
