A trader with a Moscow University education (MSU), has a degree of a certified financial analyst, worked for five years as a trader in foreign exchange reserves in the Central Bank of the Russian Federation.
What is available to the majority has a low price, Rinat believes.
Rinat’s trading technique is based on the following basic methods:
– technical analysis (candlestick analysis, support and resistance zones);
– catching market impulses;
– search for good entry points within the correction after the main movement, counting on the continuation of the trend;
– the trader’s thinking should be trending, it is necessary to cut off countertrend ideas;
– it is necessary to cut off early closing of positions;
– search for false breakouts;
– the position is set in parts.
– For part of the position we use a fixed profit stop, for the other part /parts we use take profit.
– Always put stop-losses.
– volatility = profit;
– it is necessary to keep the risk on the transaction no more than 2-2.5% of the capital.
– build up your position when making a profit.
– the strategy should be strictly formalized at 100%; – trading is a very difficult occupation.