Scribd
Upload
2 views

System Rules 1

The document outlines trading rules focused on risk management, emphasizing a maximum risk of $250 per trade and specific guidelines for entering trades based on signals. It highlights the importance of market conditions, such as avoiding trades during high volatility and being cautious around major news events. Additionally, it stresses discipline in trading practices, including patience with signals and careful analysis of market trends.

Uploaded by

Rudraksha Patel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
2 views

System Rules 1

The document outlines trading rules focused on risk management, emphasizing a maximum risk of $250 per trade and specific guidelines for entering trades based on signals. It highlights the importance of market conditions, such as avoiding trades during high volatility and being cautious around major news events. Additionally, it stresses discipline in trading practices, including patience with signals and careful analysis of market trends.

Uploaded by

Rudraksha Patel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

THE GOAL IS TO MAKE MONEY AND NOT BE FEARFULL

Rules-

• Max risk per trade- 250-280 (mostly 250 USD)


• Entering trade only on signal as discussed
• Max daily drawdown-
o If profitable with 500 + usd- 2 losses on 250 each can be taken on signals
o If not profitable- one loss with 250 and then risking 100 usd on next trade till BE is
reached
• Most false signal occur between Asian and London open, so be extra watchable at that
time.
• Always open a naked candle chart along side so that a good look of candles can be made
• Where 1000 usd have been made in a day, just risk 100 usd for only 1 trade, if it goes to
profit good or if loss just exit the market
• Never be too quick to close partials.
HARD RULES-

• Never enter a trade when the SL is bigger then 100 pips, this is because a potential move
has been missed or the market is too volatile as its moving very erratic. Is such cases, wait
for 50 % retracement, n then look for trades on 5 min or 1 min with the same risk. 5 min
preferable.
• When a signal comes in such a way where there is a buy printed on candle and ssl is also
up, but the candle on which buy is printed is bearish and has engulfed the previous red
candle, in such a situation the SL placement can’t be done. Just wait for 1-2 candle to see
how the price is behaving (eg- 27/12/2024 – 14:15 pm candle)
• Always have a good look on divergence and convergence as it will validate the coming
signal
• Don’t enter the trade after the signal has been printed and moved. BE SUPER DISCIPLINE.
• If the tdi has printed the signal be patient is taking partials as a tdi signal can be an
indication of a big move happening. This applies to 15min, 30min,1hr and 4 hr.
• Always check the system on every 30 min, 1 hr and 4 hr close.
• Mark important levels on the chart.

Other important things to keep watch of-

• Always have a look at the economic calendar before starting the day.
• When there is a big news coming and you see market in a tight range, avoid taking signals.
Wait for news to come and a new signal to print.
• Never doubt the system over your intelligence.

You might also like