My trading method

Discussion in 'Trading' started by Wu Zhicheng, Apr 13, 2017.

  1. Hello,I'm glad to be here,and I am a Chinese futures traders, my English is very poor, so need to use translation software to communicate with you, if there is any translation errors, please forgive me.

    Cut to the chase and talk about my own trading methods.

    I am subjective trend traders, for me, I need to do is find a tipping point, turbulent session to the critical point of one-sided. Based on this, I choose two tools to screen such trading opportunities. First, form, such as triangle; Second, moving averages, it is used to track trends.

    The chart below should be able to clear my train of thought.
    [​IMG]
    This is rubber index futures in China.
     
    MACD, Chuck Krug, motif and 1 other person like this.
  2. Robert Morse

    Robert Morse Sponsor

    Welcome to ET,

    Your member name is in Chinese characters. What does that translate to in English?

    Also, what software do you use to trade?

    Bob
     
  3. optaiwan

    optaiwan

    it's ascending triangle and descending triangle, patterns for technical analysis purpose. i am from Taiwan, and has been a Taiex options vol selling trader since 2003. Thanks Baron and other veteran traders to share your trading experience with people all around the world, and i can tell the importance of English to make the trading world much less fragmented.

    I really look forward to seeing China to put forth its long-awaited SS300 index options ASAP. I cannot wait but to trade options in this market. Currently, there is only one index option product available in China, which is Shanghai 50 ETF. To to able to trade this ETF option, you need to pass three levels of exams to be able to naked sell puts or calls (I passed CFA three level exam in 1998 and acquired my bar exam certificate in Taiwan.)

    Nice to have Wu around. You raised my courage level to allow me to post my first sentences in this established forum.
     
    Last edited by a moderator: Apr 13, 2017
    MACD, HobbyTrading, ET180 and 3 others like this.
  4. MattZ

    MattZ Sponsor

  5. I'm glad to see your message, my English name is Wu Zhicheng. What I use is China's trading software, its name is Wenhua.
     
  6. Robert Morse

    Robert Morse Sponsor

    Thank you Wu. We have many clients from China. In fact we have received many new accounts over the last few months. Not sure what has changed. We focus on US Listed exchanges for equities, options and futures. We have a member of our support team that speaks chinese and a portion of our website in chinese https://cn.lightspeed.com/.

    Good luck to you.........bob
     
  7. Thank you for your enthusiastic introduction. I have no plans to do international commodity at present, I just want to trade in China's futures market. For two reasons, first, because of the time difference, the international market will let me often stay up late, go down for a long time, my body will collapse, do more harm than good. Second, China's futures market capacity is enough big, I also adapt to the market environment, and also can make money.
     
  8. Thank you for your introduction. You are right, there are a lot of want to invest in China international futures investors, the market potential is tremendous.
     
  9. Nice to meet you. As you expected, Chinese investors also expect crude oil futures market in domestic. Option for many investors in China is very strange, so domestic investors but no enthusiasm, institutional investors will be more interested.
     
  10. Nice chart
    Keep up the good work!
     
    #10     Apr 14, 2017