Here are some infos and help on how I trade #TheStrat, a trading strategy developed by Rob Smith
Disclaimer: I’m not a financial advisor and document that trades and setups for my own learning and trading. They are only for training purposes!
TheSTRAT is a trading strategy that consists of only 3 scenarios
Two cheat sheets to see all the possible strategies available. These sheets are not created by me, I downloaded it from Twitter and several other “Stratters” share this too, so I think it’s o.k. to share here too. If not feel free to reach out to me and I’ll remove it.
You can right-click on the images and download it in a higher resolution to your computer.
I like to play the reversals in that order:
I try to avoid playing continuation patterns because there is no clear profit target for me, but since every day there are some reversals to play, I don’t need to play them at all.
I currently chart and scan the market with TrendSpider were I have created some of the scanners for my favorite plays listed above that scan through a Watchlist with my favorite stocks. There are around 30-40 tickers in that list, which is quite a lot to find some reversals nearly daily or weekly.
Trading is on Interactive Brokers were I trade options both Calls and Puts for daytrades.
Not really daily, but when I trade or callout triggers here I add them to the Trading category of my Micro.blog.