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Showing results for tags 'floor trader strategy'.
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Alright guys, so I made a poor call on AAPL and I'll clear that up later. I'm still long AAPL, by the way. Today, I want to talk to you about a great trading system that I utilized to bring me gains in futures trading. It is called the floor trader strategy and you can read more about it right here: http://www.trading-naked.com/FloorTraderMethod.htm There are 3 things to remember with this method: 1. The first is to watch out for retracements; a minor rally in a downtrend and a minor decline in an uptrend. I have always loved retracements as they are so easy to identify and trade on. 2. Exponential Moving Average (EMA) is vital and it involves the 9 and 18 EMA lines. 3. Identify entry level or trigger.