My trading plan week 5

New week. Tomorrow is a new month. A fresh start hopefully. I hope there is a short term bounce in the stock markets.

Portfolio gain/loss so far this month:
-17%

Notes about my charting

I still feel I’m pretty new with charting and that I learn new things all the time. I’m at the stage where I’m trying to simplify everything and use less indicators. My stops are mental ones and will depend on position size (and therefore portfolio risk), how good my entry was and if I’m able to be ready to sell or not.

For example a 10% position size with a 10% stop loss gives a 1% portfolio risk in theory (0.1 x 0.1 = 0.01 = 1% of portfolio). There can be gap downs and times I’m unable to sell especially with crypto.

B means Buy/Bought
S means Sell/Sold
A means Add
A at the right side of a line means that I’ve set an Alert.

For a better view most images can be opened in a new window/tab by right clicking on them.

Crypto

Same plan as before. I’m waiting for BTC to show a direction. Currently its just ranging between 30-40k.

North American stocks


I might start a position today.

Nordic stocks

I bought small positions in these this morning. I’ll try to keep only the ones that are going up by Friday. I like Paradox the most because all moving averages are moving up.

I’ll probably aim to add on my alert.

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