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Another way you can impact the overall effectiveness of your trading in profitability, which is what
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we're really looking at here, is building on this concept of of indicators and primary and secondary
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indicators, and that's with selective trading.
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Timing is a great concept you can use with that.
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So think of it as selective trading time and we're going to learn about and then combining with these
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confirmation.
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So maybe you like the idea.
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I hope you, too, of having a primary and a secondary.
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That's a real core concept of technical analysis.
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And maybe you might add a third and or maybe even a fourth and maybe a fifth.
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It's up to you as you develop your skills.
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But let's start with a primary and a secondary and then you can add to the trade as indicators are met.
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So maybe you want a primary, a secondary.
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You're good with a third, but then you maybe add a little bit more with your fourth and fifth indicators
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come in.
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So if you want to approach it that way, that can be a great approach to and use more indicators.
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So how does it work?
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So let's say you take a certain amount that you does it for a trade, for a particular individual trait
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of an individual security, you're going to commit a certain amount of money.
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Let's pretend and say is five hundred dollars students from all over the world over to countries.
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So please, please just submit in that idea rupees or euros or pounds or whatever you whatever you use.
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But let's say, for example, have 500 units or five hundred dollars.
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So maybe what I do is I break that up instead of putting it all in, I break it up depending on when
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these different indicators are met.
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So let's say of indicator one two are met, my primary, my secondary, my most confident things, I
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put in two hundred dollars and then if I see or either right away or when if it progresses a third the
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met a third different indicators meant well then I'll put in another hundred dollars and another hundred
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for a number for another hundred for number five.
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And the idea is that that you're kind of still putting all in right away, you're kind of building in
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as indicators are met and you can change these amounts.
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Let's say you really only want to use three indicators or fornicators.
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Well, you could use three hundred dollars for one and two and then one hundred dollars for three and
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four.
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And that gets you to your five hundred dollars.
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Again, the amounts you use is completely up to you.
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Of course, just the concept of breaking it up and putting a little bit more on your primary and secondary
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and then your third force, you put a little bit less of kind of work your way into those.
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And now when you get an indication that things are changing, like the trend is ending and you maybe
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you put in, you might not have been putting in all the fourth or fifth, maybe you never were met.
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Maybe you've got only three hundred dollars in this case.
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Either way, whether you have only, you know, you're your smallest amount to fully end.
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Once you see that there's a change or the trend is ending, you exit all at once.
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So you don't exit, like kind of reverse order or anything like that or slowly exit.
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Once you see a definite sell signal, you want to get out and you want to exit and book your profits,
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although it always you'll just as you've built up your profits going up, you don't want to erode your
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profits going down.
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You want to build them up slowly and then and then protect them and then get out and do another trade.
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As far as you know, doing it all over again is the idea.
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So that's the idea of how, you know, that selected trading timing works as I'm using these indicators,
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but I'm using the indicators as far as one's certain milestones are met with this particular security
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that I'm trading.
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So it's a great way to kind of, you know, add a little bit more safety without having to go all in
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on and trying to, you know, feel like you have to really know that fifth indicator.
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Well, you could put a little less risk on, let's say, that last fourth or fifth indicator as an example.
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