About me
I started Relaxed Traders as a way for me to log my trades and be more responsible with picking my trades.
I am a systematic technical trader. Price is my guiding light. I’ve always been fascinated with the technical aspect of trading and have been homing my craft for almost a decade. After studying and back testing almost every technical tool and concept out there, I have developed my own systems to fit my lifestyle.
I have a regular 9 to 5 job so I can’t trade during market hours. I prefer to prepare my trade plans at market close and let them execute without constant monitoring of the markets. Plus, I don’t want the stress of being emotional during price fluctuations.
That is why all my systems are based on the daily chart. I do a combination of swing and position trading. I don't day trade or scalp.Forex, Commodities, Indices and Crypto are running 24/5 or 24/7 which is tempting to just peek at what it’s doing. That’s why I pick stocks as my instruments to trade since they are tradable only during business hours.
I start my trading when the US market closes. I scan the market for the setups that match my systems’ criterias. Then I calculate if the results have a good risk reward ratio. And finally, for those that pass, I plot the Entry, Stop Loss and Take profit levels into my broker (IBKR) so that it’s hands off for the entire duration of the trade.
I encode multiple trades per day. I also do a quick check of all my pending and live trades. I cancel those trades where price never triggered me in as well as adjust trailing stops on those that have already advanced.
My methods are not fully automatic but I feel relaxed with how I trade and that is what’s important to me. I am sharing my setups to hopefully help others who love technical trading but have even less time than me to scan the markets. I don't guarantee perfect trades. I’m just sharing what I perceive to be good trades.
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Disclaimer
All content on RelaxedTraders.com is for educational and informational purposes only and should not be considered financial or trading advice. Trading stocks and other securities involves significant risk, and you may lose more than your initial investment.
Past performance does not guarantee future results. You are solely responsible for your trading decisions, and RelaxedTraders.com is not liable for any losses or damages.
Please consult a licensed financial advisor before making any investment decisions.