All language subtitles for 1. Selective Trading Timing

Another way you can impact the overall effectiveness of your trading in profitability, which is what

we're really looking at here, is building on this concept of of indicators and primary and secondary

indicators, and that's with selective trading.

Timing is a great concept you can use with that.

So think of it as selective trading time and we're going to learn about and then combining with these

confirmation.

So maybe you like the idea.

I hope you, too, of having a primary and a secondary.

That's a real core concept of technical analysis.

And maybe you might add a third and or maybe even a fourth and maybe a fifth.

It's up to you as you develop your skills.

But let's start with a primary and a secondary and then you can add to the trade as indicators are met.

So maybe you want a primary, a secondary.

You're good with a third, but then you maybe add a little bit more with your fourth and fifth indicators

come in.

So if you want to approach it that way, that can be a great approach to and use more indicators.

So how does it work?

So let's say you take a certain amount that you does it for a trade, for a particular individual trait

of an individual security, you're going to commit a certain amount of money.

Let's pretend and say is five hundred dollars students from all over the world over to countries.

So please, please just submit in that idea rupees or euros or pounds or whatever you whatever you use.

But let's say, for example, have 500 units or five hundred dollars.

So maybe what I do is I break that up instead of putting it all in, I break it up depending on when

these different indicators are met.

So let's say of indicator one two are met, my primary, my secondary, my most confident things, I

put in two hundred dollars and then if I see or either right away or when if it progresses a third the

met a third different indicators meant well then I'll put in another hundred dollars and another hundred

for a number for another hundred for number five.

And the idea is that that you're kind of still putting all in right away, you're kind of building in

as indicators are met and you can change these amounts.

Let's say you really only want to use three indicators or fornicators.

Well, you could use three hundred dollars for one and two and then one hundred dollars for three and

four.

And that gets you to your five hundred dollars.

Again, the amounts you use is completely up to you.

Of course, just the concept of breaking it up and putting a little bit more on your primary and secondary

and then your third force, you put a little bit less of kind of work your way into those.

And now when you get an indication that things are changing, like the trend is ending and you maybe

you put in, you might not have been putting in all the fourth or fifth, maybe you never were met.

Maybe you've got only three hundred dollars in this case.

Either way, whether you have only, you know, you're your smallest amount to fully end.

Once you see that there's a change or the trend is ending, you exit all at once.

So you don't exit, like kind of reverse order or anything like that or slowly exit.

Once you see a definite sell signal, you want to get out and you want to exit and book your profits,

although it always you'll just as you've built up your profits going up, you don't want to erode your

profits going down.

You want to build them up slowly and then and then protect them and then get out and do another trade.

As far as you know, doing it all over again is the idea.

So that's the idea of how, you know, that selected trading timing works as I'm using these indicators,

but I'm using the indicators as far as one's certain milestones are met with this particular security

that I'm trading.

So it's a great way to kind of, you know, add a little bit more safety without having to go all in

on and trying to, you know, feel like you have to really know that fifth indicator.

Well, you could put a little less risk on, let's say, that last fourth or fifth indicator as an example.