# 🎯 Strategy Mode Selector - Quick Start Guide

## What Changed?

Your Daily Trading Plan now has a **Strategy Mode Toggle** that instantly reconfigures your entire trading setup!

---

## 3 Modes Available

### ⚡ SCALP Mode
**For: Quick profits, high frequency trading**

```
Daily Target: $50 (vs $500 in Swing)
Max Loss: $12.50 (vs $250 in Swing)
Max Trades: 20/day
Time Frame: 1-minute charts
Stop Loss: 0.5% (TIGHT!)
Take Profit: 1% (QUICK!)
R:R Ratio: 1:1
Max Hold: 5 minutes

✅ Use When:
- You want daily income
- Market is choppy/ranging
- You have time to watch charts
- You execute fast (sub-1 second)

❌ Avoid When:
- Strong trend forming (waste of capital)
- Low volatility hours
- You're tired (speed matters!)
```

---

### 📈 SWING Mode  
**For: Trend capture, multi-day holds**

```
Daily Target: $500
Max Loss: $250
Max Trades: 3/day
Time Frame: Daily charts
Stop Loss: 2% (PROTECTIVE)
Take Profit: 8% (TREND CAPTURE!)
R:R Ratio: 1:3
Max Hold: 24+ hours

✅ Use When:
- Clear uptrend/downtrend visible
- RSI + EMA aligned
- Supporting news/fundamentals
- You want to sleep well

❌ Avoid When:
- Choppy, ranging market
- Before major events (FOMC, NFP)
- You're overconfident
```

---

### 🎯 HYBRID Mode (RECOMMENDED)
**For: Balanced trading, best of both worlds**

```
Daily Target: $250
Max Loss: $125
Max Trades: 10/day
Time Frame: Both 1m and daily
Stop Loss: 1.25%
Take Profit: 4.5%
R:R Ratio: 1:2
Max Hold: 2 hours

Capital Allocation:
- 70% → SWING trades (trend capture)
- 30% → SCALP trades (daily income)

✅ Why HYBRID?
- Swings = less stressful, bigger profits
- Scalps = daily income, psychological comfort
- Combined = more total profit
- Reduced drawdown
- Better sleep quality

Example Day:
Morning: Enter swing trade (2000oz at $2020)
Throughout: Do 5-8 scalps (100oz each)
End of day: Swing still open, +$200 scalps captured
```

---

## How to Switch Modes

### In Daily Trading Plan Component:

1. **Open Daily Trading Plan** (in Prep tab)
2. **Look for Strategy Mode buttons** (or card if desktop)
3. **Click SCALP / SWING / HYBRID** button
4. ✨ **Plan auto-updates instantly!**

That's it! Your:
- Daily target ✅
- Max loss ✅  
- Entry zone ✅
- Stop loss ✅
- Take profit ✅
- Max trades ✅

All recalculate automatically!

---

## Side-by-Side Comparison

### Entry Parameters
| Feature | Scalp | Swing | Hybrid |
|---------|-------|-------|--------|
| Position Size | 0.25% capital | 2% capital | 1.25% capital |
| Stop Distance | 0.5% | 2% | 1.25% |
| Target Distance | 1% | 8% | 4.5% |

### Time Parameters
| Feature | Scalp | Swing | Hybrid |
|---------|-------|-------|--------|
| Chart TF | 1m | Daily | Mixed |
| Max Hold | 5 min | 24+ h | 2 hours |
| Avg Trade Time | 1-3 min | 1-5 days | 30 min - 2h |

### Daily Limits
| Feature | Scalp | Swing | Hybrid |
|---------|-------|-------|--------|
| Max Trades | 20 | 3 | 10 |
| Daily Target | $50 | $500 | $250 |
| Max Daily Loss | $12.50 | $250 | $125 |

---

## 💡 Pro Tips

### For Scalpers Using SCALP Mode:
```
1. Set alerts on 1m candles ONLY
2. Close 50% at 0.5% profit, let 50% run to 1%
3. NO overnight holds - always flatten
4. Time entries with 0-1 min confirmation
5. Avoid 6pm-8pm EST (low volatility)
6. Avoid news events (too gappy)
```

### For Swing Traders Using SWING Mode:
```
1. Enter only with trend confirmation:
   ✅ RSI > 50 (for long)
   ✅ EMA(20) > EMA(50) (uptrend)
   ✅ Price > Daily Support
2. Partial profit-taking at:
   - +33% profit = close 1/3
   - +66% profit = close 1/3
   - +100% profit = close 1/3 with trail
3. Never hold through news (NFP, FOMC, etc)
4. Use trailing stops after 1.5% profit
```

### For Hybrid Traders Using HYBRID Mode:
```
Capital Split:
- $7,000 → Swing account (big trends)
- $3,000 → Scalp account (daily income)

Morning Routine:
1. Check daily chart for swing setup
2. If setup valid → Enter 70% of swing capital
3. Throughout day → Do 3-5 scalp trades
4. End day → Check swing P&L, add notes

Result:
- Swing captures big trends ($100-500)
- Scalps provide daily buffer ($50-100)
- Together: $150-600/day possible
```

---

## 📊 Expected Results by Mode

### SCALP Expected (per $10,000 account):
```
Win Rate Needed: 55%+
Avg Win: $25
Avg Loss: $25
Trades/Day: 15
Days/Month: 20

Monthly: 15 × 20 × $5 net = $1,500/month
```

### SWING Expected (per $10,000 account):
```
Win Rate Needed: 50%+
Avg Win: $150
Avg Loss: $250
Trades/Day: 2-3
Days/Month: 20

Monthly: 3 × 20 × $50 net = $3,000/month
```

### HYBRID Expected (per $10,000 account):
```
Swing component: $2,000/month
Scalp component: $600/month
Combined: $2,600/month

Less stressful, more consistent!
```

---

## ⚠️ Common Mistakes to Avoid

### Scalping Mistakes:
- ❌ Holding too long (5+ minutes)
- ❌ Ignoring spreads/slippage
- ❌ Trading during low volatility
- ❌ Revenge trading after loss
- ❌ Overleveraging position size

### Swing Trading Mistakes:
- ❌ Entering without trend confirmation
- ❌ Holding through major events
- ❌ Ignoring support/resistance
- ❌ Not using trailing stops
- ❌ Averaging down on losers

### Hybrid Mistakes:
- ❌ Mixing capital (use separate accounts)
- ❌ Scalping when swing signal present
- ❌ Not respecting allocation limits
- ❌ Overtrading one side

---

## Next Features Coming

- ✅ Strategy Mode Selector (DONE!)
- ⏳ Sub-5min Chart Support for Scalping
- ⏳ Trend Confirmation Filters for Swing
- ⏳ Partial Profit-Taking System
- ⏳ Execution Speed Metrics
- ⏳ Multi-timeframe Analysis

---

## Questions?

**Which mode should I start with?**
- New trader → HYBRID (balanced, less stressful)
- Impatient → SCALP (instant feedback)
- Patient → SWING (sleep well)
- Best money? → HYBRID (combines best of both)

**Can I switch during the day?**
- Yes! Just click the button
- Plan updates instantly
- All parameters recalculate
- No restarts needed

**Do I have to pick one?**
- No! HYBRID lets you do both
- Or switch based on market conditions
- Whatever maximizes YOUR profit

---

**Happy Trading! 🚀📊**
