Tiko’s Survival Guide

My 4 Golden Rules

  1. Allowed Big winners.
  2. Allowed small winners.
  3. Allowed small losers.
  4. NOT allowed big losers.

6 Points to Success

  1. Always determine your environment. (Up/down)
  2. Always assess your goals. (Please be realistic)
  3. Have Realistic expectations. (Don’t expect to make a million your first year)
  4. Be disciplined. (Treat it like a real business)
  5. Make sure you have appropriate capital. (You need money to make money)
  6. Take responsibility. (Don’t play the “Blame Game”, it’s a waste of energy)

Trading Tips

  1. Make a Plan and Follow the plan.
  2. Avoid outside distractions
  3. When you take a loss, Move on.
  4. Let your profits run.
  5. Be consistent with your share and order sizes. Always be Decisive.
  6. Be diligent and punctual.
  7. have a positive attitude whether the day before was a winner or a loser.
  8. Keep an open mind.
  9. Be aware of new trends.
  10. Keep track of your results.

Trading Day Hours

9:30am – the opening rush.
9:50am – 1st reversal.
9:50am to 12:00pm – perfect time to trade
12:00pm to 2:00pm – known as lunch trading
2:00pm to 2:45pm – perfect time to trade
2:45pm to 3:00pm – bonds closing
3:00pm to 3:45pm – good trading
3:45pm to 4:00pm – closing, may be unpredictable

Trading Times of the Year

Jan – usually up trend
Feb – usually up trend
Mar – first quarter earnings (hot?)
Apr – tax time, can be up trend
May – spring rally, up trend
Jun – down trend, be careful
Jul – down trend, be careful
Aug – flat, vocation time
Sep – down trend, sell off
Oct – down trend, sell off
Nov – Santa Claus rally begins
Dec – Santa Claus rally + tax cleanup