TG Watkins Director of Stocks “Trading is the process of finding your path and the discipline to stay on it.” My Trading Style Overview Trading Plan Recommended Resources Media Appearances TG's Trading Plan Why am I trading? Expand To be in control of my income, my time, and my future. The power of compounding growth. I like the idea of leverage. It takes the same effort to move $1 or $10,000 so I might as well learn a skill that allows me to work smarter. What is my approach? Expand Technical swing trading with moving averages and the Moxie Indicator. Consistent setups that I am familiar with that yield reliable results. What are my goals? Expand 50% - 100% per year What are my objectives? Expand Consistent wins with minimal losses What markets will I trade? Expand High beta stocks in most common sectors, occasionally stepping into gold miner and bonds when needed. What setups will I trade? Expand Trampoline moves (dips) Elf Shoes (Double bottoms) Impacts of price and MA support Entry rules: Expand Moxie divergence Cross of the 50 SMA Moxie cross zero line in the direction of the trade Where will I place my Stops? Expand Within 2%- 7% Just below MA support Exit take profit (and/or) trail-stop rules: Expand When price jumps too far away from MA support. When price goes outside the 3rd ATR. When Moxie goes below zero opposite of trade direction and price crosses the 50 SMA opposite of trade direction. Risk Management rules: Expand Typically enter half size initially to test trade. Add more where appropriate. Take some risk off when the price gets too extended. Pre-market activities or routine: Expand I typically like to look at the overnight action just to see where things will open Unless really warranted, and other than stops getting hit automatically, my rule is to only act at the end of the day. Post-market activities or routine: Expand I scan the market and look for trade opportunities the last 2 hours of the day before the market closes. What Tools will I use for my trading business? Expand The Moxie Indicator Keltner channels Slow Stochastic The Squeeze Volume Moving averages Review/Trade Journal process: Expand I annotate and mark up the charts and then save them, often then printing them. Continuing Education: Expand Going to trading seminars of traders or services I find valuable. Watching videos of other valuable traders and services. Practicing historical charts with the OnDemand feature of TOS. Discipline & Mindset notes: Expand Know what works for you and just stick to it, no need to be extra fancy or be able to trade every style. Stick to your rules. Only take what really speaks clearly to you. My Golden Rules (and/or) Trading Commandments: Expand Do not go long till the price is at least over the 15 min 50. If price doesn’t do what you want it to do, then it can do everything else in the world and you should step away. Know the atmosphere, know when setups won’t work due to poor market environments. Download a Blank Trading Plan