The List, Goals, Tools, Strategies, Rules and Services

Goals

1.5% per week compounding monthly on average (1.37% will double the account annually)

1.5% weekly is 0.214% per day, 1.37 is 0.195% per day

Current goal is

1% daily return based on trading days only (0.714% based on 7 day weeks = 970% per year)

Keep intraday chart watching to a minimum

Keep the working plan simple, relatively speaking



Indicators and Tools

Pivot points

Support and resistance

Trendlines

100 sma bands

Point and Figure charts (P&F)

Volume Weighted Moving Average (VWAP)

Williams %R or some oscillator that is similar

Strategies

Counter Trend Positioning (CTP), play the up and downside of a trend pattern

CTP breakout strategy

Multiple timeframe charting

Sector diversity



Rules

Maximum Loss Allowance (MLA), calculate and use stops or set option loss trades

Target setting and profit taking with stops for move allowance or market for strength moves


Services

Stockcharts.com or Esignal.com for general charting (paid)

Finviz.com for news and quick trend lines and any virtual portfolio tracking (free)

CBOE.com for option chain quotes when not in Questrade (free)

Questrade for general trading (broker)

Strikepoint for Optioneer futures contract strangle trades (broker)