Important Emerging Markets to keep an eye on (Make up 70% of MSCI Emerging Markets Index – As of June 2013 – Next check on December 2013)
1) China
2) Korea
3) Taiwan
4) Brazil
5) South Africa
6) India
Goal of Speculation
Try to make 27% to 48% a year (i.e. 2.25% to 4% a month) with as less risk as possible on the speculative capital.
Successful speculation is all about maximizing probability and minimizing risk.
Strategies of Speculation
1) Trend after consolidation
2) Pullbacks within an intermediate trend
3) Catching reversals
Sengukoi’s Technical Five Axis Method – for the Daily timeframe
Sengukoi’s Technical Three Axis Method – for the intraday timeframe – Price Action+Candlesticks, MACD & Volume.
Some Important Posts on the Method
How to trade pullbacks within a trade – 1
How to trade pullbacks within a trade – 2
How to trade pullbacks within a trade – 3
If you want to go long on an individual stock and you think it is high probability trade but the index is giving bearish signals, then what to do?
Look at the 100 day historical correlation of the stock with respect to the index. If it is >0.65 and the HC trend is rising/flat then don’t take the trade. If its <0.65 and the HC trend is falling/flat then its fine.
Interesting Quotes
“Although the cheetah is the fastest animal in the world and can catch any animal on the plains, it will wait until it is absolutely sure it can catch its prey. It may hide in the bush for a week waiting for just the right moment. It will wait for a baby antelope, and not just any baby antelope, but preferably one that is also sick or lame. Only then, when there is no chance it can lose its prey, does it attack. That, to me, is the epitome of professional trading.”
Mark Weinstein
Hello Ravi.
Happy to see you in financial market.
I saw all things in your website..everything was nice..
I am a Mechanical Engineer trading from 2010 ..not good enough ..but nowadays from last one year some improvements I made following some discipline..
Am here for learning and knowing some new strategies etc.
Looking for your reply.
Regards,
Shelton.
Hello Shelton,
Not sure how you found the website as its not listed on Google.
In any case, I am glad that you are improving in your trading. Indeed, discipline and risk management along with a proper method with a positive expectancy are extremely important to be a successful trader.
How can I help you?
I have searched for trading strategies in google, I got your website..
Any way Thanks for your reply..
I have some strategies but not giving returns in all type of market and money management/discipline I have improved some…
Can you please accept my request in FB..So that we can chat 🙂
Regards,
Shelton
Please “like” my FB page at http://fb.me/markets.sengukoi
We can chat via message through my FB page.
I am sorry but I cannot accept your friend request now. Once we get to know each other, I may accept the request.
Alternately, I go by the nickname “arcus” on traderji.com which is a trading forum.
We can chat there privately as well as on the forum.
Best of luck for your trades.
Sengukoi.