Multiple Timeframe Trading Strategy

What technical analysis do you primarily apply? 

 

First, I specialize in studying simply moving averages and the interrelationships between different time frames.

This may sound complicated, but it is not.

Simply moving averages are lines that represent moving averages. The sma's I analyze are the 5, the 20, the 50, the 100 and the 200. 

Second, I use horizontal support and resistance lines to determine entries and exits.

Third, I consider possible supply and demand in each time frame.  

 

How long do I need to practice simulation before I can trade "real"?

It depends on:

 

The timeframe in which you trade.  The larger the easier.

The time you want to invest in the "technical analysis" offered.

Your personality and thus your mental and psychological resilience.

Your portion of discipline and persistence.

 

How do I know whether I am investing expensively or cheaply? 

 

Everything depends on the "time horizon" in which you invest.

Study the big time frames first and then zoom in on the small frames.

This way you will get in touch with the market.

 

When do I buy and when do I sell? 

 

You always buy in a rising trend of your chosen timeframe.

You sell in a downward trend of your chosen timeframe.

I want to get started.  How do I go about it? 

 

You open an account and a trading platform with charts linked to a simulation account and/or a real account.

 

If you choose www.tradestation.com or www.ninjatrader.com I can provide the necessary support.

 

What amount do I need to get started? 

 

With 5000 euros you can already get started.  There are techniques to start with much less because of the leverage effect, but this technique is only for advanced investors.

 

 

What are the costs of trading on the stock exchange? 

 

Each broker has different fees.  It also depends on the product and the number of pieces you want to trade.