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My Trading Style

The author describes two trading strategies: the elimination process and the sniper strategy. The elimination process involves initially buying stocks in small amounts and adding to the position if the trade moves in their favor and indicators show further upside potential. The sniper strategy is more passive, waiting patiently for the ideal entry point based on price, sentiment, and other factors before executing the trade in tranches for downside protection.

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Josh Gabriel David Sabeniano
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304 views

My Trading Style

The author describes two trading strategies: the elimination process and the sniper strategy. The elimination process involves initially buying stocks in small amounts and adding to the position if the trade moves in their favor and indicators show further upside potential. The sniper strategy is more passive, waiting patiently for the ideal entry point based on price, sentiment, and other factors before executing the trade in tranches for downside protection.

Uploaded by

Josh Gabriel David Sabeniano
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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MY TRADING STYLE

ELIMINATION PROCESS – This is how I achieved my winning trades in the past, starting with
PRMX then FOOD, VUL and ATN. This is one way of buying in tranches or test buy. When the
trade that I enter goes into my favor, I can buy more if not yet overbought and my indicator tells
me that there are still room for growth or the trend are still intact. Just recently December 4-5, I
experienced it again with MPI, BCOR and PLC, I have just sold those 3 early because my bias is to
take profit. With the last 3 stocks I applied FF. THE MONEY. I saw that those 3 stocks have many
traders, big volume and their prices are going up.
SNIPER STRATEGY – contrary to ELIMINATION PROCESS this strategy is more on observing and
waiting for the stocks to behave according to my bias. I will wait for my desired entry price at
the right time, with the right setup. I will consider also the index, the bids, the sentiment of the
people, the time of day and what day I will enter the trade. Like predator hunting for a prey,
waiting patiently and silently before the attack. Like a sniper before taking the shot. But even
this strategy is like hitting the bull’s-eye; I will still be defensive when taking it by buying in
tranches.

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