#PersonalFinance #TradingStrategy #DiariesOfAnAverageFuturesTrader #FuturesTrading #SelfEmployed
I am a Financial Juxtaposition
💎 Equity Index Futures Trader for Daily Income
💎 Long Term Investor in diversified assets in pursuit of Financial Independence
The goal of this channel is to share content about our adventures and interesting tidbits.
These are topics that we are passionate about
⚡ FOOD
⚡ ADVENTURES
⚡ FINANCIAL INDEPENDENCE through...
👉👉 Long Term Investments in Tax Advantaged accounts
👉👉 Daily income from Trading Index Futures
CONTENT SCHEDULE:
✅ Fridays: End of the Week Account Statement on Day Trading Index Futures
✅ Daily-ish: Diaries of an Average Futures Trader
✅ Varies: Cooking, Lifestyle, Adventures, VLOGs, Shorts
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INVESTOR STATEMENT:
Earn daily income and responsibly manage risks by trading Index Futures. All income are used to pay bills and taxes, and the rest on long term investments in Tax Advantaged accounts (IRA, HSA and 401K) and Taxable Brokerage account.
Social Handles: RMDareGreatly
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Many experienced traders say that the stiffest challenge you’ll face in becoming a futures trader is conquering your own psyche. Why? Because losing is part of trading, and people hate to lose.
The content focuses on the psychology of trading. The examples I show are based on a trading strategy for day traders and swing traders. Candlestick Analysis and Heikin-Ashi are used for Technical analysis. Heikin-Ashi, also sometimes spelled Heiken-Ashi, means "average bar" in Japanese. The Heikin-Ashi technique can be used in conjunction with candlestick charts when trading securities to spot market trends and predict future prices. It's useful for making candlestick charts more readable and trends easier to analyze.
Some content also display live trading of futures - and may include options, equities, mutual funds, index funds, and ETF.
Personal Finance is personal and everyone has their own journey to be debt free.
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I am trading for Daily Income.
🚀Not looking for "To the Moon" type trades.
I am open to any suggestions you may have to help improve my trading.
Below is a Simple Strategy that I have been testing and utilizing the past year.
Risk Management and Patience is Key.
SET-UP THAT I LOOK FOR:
Investigate after a MACD Crossover occurs. This will determine whether to open a Long (Bullish) or Short (Bearish) position.
StochRSI and MACD must be in agreement.
ENTRY:
Bullish Entry: StochRSI = Overbought AND MACD is Diverging after crossover and/or above 0 line
Bearish Entry: StochRSI = Oversold AND MACD is Diverging after crossover and/or below 0 line
EXIT:
One-Cancels-Other Order (OCO), which consist of a Trailing Stop and a Limit Order
CHARTS:
Time Chart | 5 days 5 Mins | Candlestick
Tick Chart | 5 Days 512t | Heikin-Ashi
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FREE Excel Weekly Summary Journal - [ Ссылка ]
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Playlist for How To Content on Personal Finance -
[ Ссылка ]
💎 Chart Set-up on ThinkOrSwim - [ Ссылка ]
💎 How to Validate your Trading Strategy - [ Ссылка ]
💎 How Many Futures Contracts can you Afford - [ Ссылка ]
💎 MACD Crossover Scanner - [ Ссылка ]
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Video Editing Tool: DaVinci Resolve
Video Editing Skills: Beginner
Music: N/A
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If you find value in the content provided, please show support and check out some Finance Tools I personally use below.
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Disclaimer: This is for informational and entertainment purposes only and should not be relied upon as basis for investment decisions.
How to Set-up Charts on ThinkOrSwim
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