Trading with Focus – Short Term Trading Ideas



There are different ways to come up with trading ideas and then enter and exit them successfully without emotion. Let’s review a couple.

  1. Chat rooms, where people don’t use their real names.
  2. Listening to professionals who have undergraduate degrees in law and economics, an MBA, a graduate degree in applied finance, a diploma in technical analysis (ATAA) and a certified financial technician (IFTA) accreditation and appear regularly on the Stockpicker of the Year award, as judged by the Australian Stockbrokers Foundation.

In the first case, we have honorable mentions like … strategy like this:

In the second case, I’ll use Chris Conway from ‘Marcus Today’ as an example. And because he’s not a bad-looking rooster either, he can also be seen regularly (through too much common sense) on serious investment shows like Ausbiz TV. And if it’s good enough for Kochie …

And that’s just the free time he has between posting three daily newsletters of advice, opinions, research, portfolio recommendations and more, with the rest of the Marcus Today team.

In there, he offers a number of “negotiating tips” as part of the mix. And it maintains a win / lose history so you can see if it’s good over time. And their subscribers are more likely to be more serious hitters throwing real dough, say, the aforementioned DLC guy.

Ultimately that’s up to you, dear reader, and I’m sure the DLC client / investor looking for reddit advice and using a free trading app has its place as well – probably more in Randwick though.

I’ll run a few examples using some of Chris’s past trades.

Chris often talks about RSI and 3EMA. So what are they? (And why not I just lazily cut and paste his words …)

“The Relative Strength Index (RSI) is a momentum indicator that measures the speed and evolution of price movements. The range of values ​​that an RSI can take is from 0 to 100. Traditionally, the RSI is considered overbought when it is above 70 and oversold when it is below 30. However, a signal to buy from RSI only occurs when the RSI value rises above line 30.. “

Q: And how do you calculate and overlay the RSI on your price charts in Marketech Focus?

A: There is a button you click to turn it on and off.

But it’s not just that you have RSI, it’s how you use it.

And he continues:

“3EMA is a simple and easy to understand trend that follows a pattern designed to highlight stocks that move over multiple time frames. Aligning trends is key. The strategy will identify short and medium term opportunities (ie days / weeks to weeks / months).

As the name suggests, the model uses 3 EMAs (Exponential Moving Averages) which must be in a certain configuration for a stock to pass the “test”.

Q: So, just another button in Marketech Focus?

A: Yes, this one also requires you to press a button. But because Chris is running 3 different moving averages to see short, medium and long term trends, then you will need to add a second and third moving average by clicking on the + sign. Then click on the pencil button to adjust the time period (over which the average is moved), and possibly, the color, and maybe even the line style!

And then, again, it’s not just about having it, but knowing how to use it… and it all makes more sense if you do it yourself, using our free streaming trial. two week live stream which you can access through our website.

Please note, these are not the moving average times that Chris uses! And for that it will be necessary to read the continuation….

So first, he has a strategy.

Then, once he got his strategy in place, he probably has a target price to exit – or at least a set of parameters under which he would – but he also made a decision on how much he is willing to lose. long before you reach the buy button.

If that was me, I would recommend setting a news alert to ping your cell phone (while you’re teaching your remedial art history class or whatever you’re doing – au case something comes out of left field like ‘The CEO of a mining company finally arrested for falsifying exploration data‘).

Then I had set up a higher price alert in case it got closer to that profit target – and a price alert below, in case it started to drop.

Or… I would put a conditional order higher, to sell if it goes up there, and also a conditional (or stop) order below – in case it crashes. That way, I wouldn’t have to worry about doing that boring task in the future – and I could continue my busy day knowing that now I’m one of the bots on ASX that everyone worries about. .

He absolutely crushed this one, about 20% over 5 days!

(I probably would have been like, “… Hmmm, it’s already done, I probably missed it. And people hate smut.” And then missed it.)

And to prove that this is not a biased report, he recommended stopping the next one (where I probably would have thought ‘it will be fine, just oversold, should get some yield support, there will be a back on the defensive, “then I would’ve hung on and put just one more trade action in my shameful bin of” now these are long-term customers. “So if, like me, you’re mostly sucker at follow your own advice, so maybe you are just following a pro advice?).

To spit…

But anyone can make a mistake from time to time, just like a Formula 1 driver can break down. It would be more questionable if he didn’t. The trick (in my opinion) to trading is to do it right more often than wrong, because if you stick with one strategy and it continues to be wrong then you probably have the wrong strategy.

But at least you should have a strategy …

And to get out when you should be out, don’t change your strategy halfway through a trade.

As they say, don’t fall in love with a profession, because professions don’t like you. And they’ll hurt you if you let them. (Or, you can marry good girls like Wesfarmers, but only date fast girls like Whitehaven? I probably can’t say that …)

I think we can assume he is more right than wrong, based on the fact that he regularly appears on the Stockpicker of the Year Award podium, as judged by the Australian Stockbrokers Foundation. And if that wasn’t enough, he got 37 out of 50 in the year through April 2021 for a 74% win rate weighted by the size of the payoff / loss.

Not that past performance is an indication of future performance, but as one of our cheap brethren online puts it in their ads – “The market is waiting for no one! “(how is this slogan even legal ?!)

Anyway, so for $ 70 a month, how many transactions do you think he should get enough to justify the cost? Regardless, it’s rhetorical.

And to save $ 45 per month, how many trades like this would you miss because you are using old data, no alerts or charting or trading tools, or maybe just an old click to refresh the website? ..? Withdrawn – rhetoric.

Are you still hanging on to find out what Chris’s EMA timelines are, or how he decides when to take profit / stop-loss or what his latest trading ideas are?

Well, head over to our website, open an account, subscribe for $ 45 per month, enjoy live streaming and many other professional tools as well as trades starting at $ 5 on HIN, and we will suggest some of them to you. months of ‘Marcus Today’ for free, valued at $ 190!

Non-conflicting long- and short-term advice combined with non-conflicting low-bro trading on HIN and a pro-level trading platform with easy-to-use live streaming. Or continue to deploy your strategy as the DLC client on r / ASX_Bets?

Surely… come on. It is also rhetoric!

And, again, for the third week of four… we have more great news coming up next week !!

At Marketech, our platform is all about technology, providing you with the tools and technology you need to trade. We encourage our highly functional trading platform to provide you with live prices, live charts, live market depth to ensure you have the tools and trading capabilities at your fingertips, and at your fingertips. mobile phone or your PC.

You trade your own shares on your individual HIN. It’s your money in your own Macquarie account where you keep the competitive interest you earn.

Our subscribers have access to brokerage from $ 5, then at 0.02% for transactions over $ 25,000. If you want to trade in the market, you need immediate access wherever you are and the transparent Marketech mobile app means you are live anywhere, anytime.

Marketech Focus subscribers also benefit from free 2-month access to the “Marcus Today” newsletter to help you achieve your investment and trading goals.

Go to www.marketech.com.au to set up a free trial – you will be amazed at the simplicity and tools that this technology offers you. No spin, just low cost trading and tools that give you an edge over the hype.

This article was developed in collaboration with Marketech Online Trading Pty Ltd (ACN 654 674 432), a Authorized representative (1293528) by Sanlam Private Wealth Pty Ltd (AFSL 337927), and a Stockhead Advertiser at time of posting.

All the information and documents contained in this document are of a general nature and do not take into account your financial situation, your investment needs or your objectives.
The information does not constitute personal financial advice or a recommendation or opinion that any security or service is suitable for you.
You should seek independent and professional tax and financial advice before making a decision based on this information.

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