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Real Trade Case Studies
– DRS1 for CFDs

 
»CBA   »ERA

 

Daily Robo System 1 CFD Strategy
ASX – CBA

The Technical Side

In this strategy, DRS1, we are always in the market either long or short. We don’t use stops, we use reverse orders, that is, if you are 1,000 long the reverse order short would be 2,000, if that order is trigged then you would be 1,000 short and so on.

This strategy actually teaches you to become a professional trader as it breaks down the ego of opinions, it removes the guessing game, guessing the direction. With this strategy you are allowing the market to trade for you. Once you have gone through this psychological process you will learn to trade the price and you will have a trading plan. 

The Chart

 

Daily Robo System 1 CFD Strategy
ASX – ERA

The Technical Side

The DRS1 trades both sides of the market, in fact e never out of the market, you are either long or short.

The reason that this system works is because you allow the market to trade for you, you are simply placing the necessary orders in front of the market and if the unfolding market fills the orders then you’re on that side of the market.

Your opinions don’t come into it. Most traders lose money because they have to guess the direction of the market every day. Well you need to be very experienced to do that right every day. Allowing the market to trade for you is a humbling and profitable experience.

The Post

CODE   DATE      DIRECTION       ENTRY        REVERSE
ERA      5-Apr       LONG                1.265           1.57

The Chart
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Trading of shares or derivatives like CFD or CFD Forex involves high risks, with potential for substantial losses & isn't suitable for all persons. These testimonials may not be representative of the experiences of other customers & are no guarantee of future performance or success.

                    

DISCLAIMER: Trading in derivatives, such as contracts for differences CFD Trading and foreign exchange contracts Forex Day Trading, and other investment products which are leveraged, also Share Trading, can carry a high level of risk and may not be suitable for all investors. It is possible for investors to lose substantially more than the initial deposit with CFD Trading, Forex Trading, Share Trading. Investors do not own or have rights to the underlying asset with CFD Trading and CFD Forex Trading. Please read and consider the Product Disclosure Statement from your CFD Forex Share trading platform provider before making any decision to deal in these derivatives products CFDs Forex Share Trading from Technical Analysis Trading strategies Trading Systems or any other CFD Day Trading methods or CFD Trading Strategies such as Elliott Wave.
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