This might sound general but it all begin with the Correct Heart and Objective.
My objective is Peace of Mind.
What is Peace of Mind?
To me, peace of mind is in any investment and/or trade, we can still sleep well at night and most importantly live a proper life.
I like to remind people to look back into their bank account before any investment or trade.
Ask yourself, are you still smiling after you open your position/s.
In this reply, I like to share my strategy.
I choose to focus on
1. dividend yield annually (This means i avoid trading but only invest based on the dividend yield, you know la, of course not buying at all time high or those business who sell assets or business to give you one time high dividend yield.)
2. base on my monthly dividend yield I would ONLY trade at a SL not more then 50% of my month dividend yield. (To do this, you need to at least seen the fruit of your investment in the next year)
3. Yes, our profit in trading is lesser but we are still making money when the market gostan on us.
Technical Analysis: History repeats itself. The future is but a repetition of the past..."The thing that hath been, it is that which shall be; and that which is done is that which shall be done: and there is no new thing under the sun."