Krikorios
48e60d015f
- Add advanced metrics dashboard with trade analytics - Add new trading components (EntryTypeAnalysis, MultiDayPositionTracker, NewsEventTracker, etc.) - Add strategy mode selector and trend confirmation - Add risk automation panel and slippage correlation analysis - Add daily trading plan enhancements with modal components - Add custom hooks (useApi, useLocalStorage, useAdvancedTradeMetrics) - Add broker service integration and trading API - Add test setup and vitest configuration - Include parquet data files for live market data - Add comprehensive documentation in docs/ folder
281 lines
5.9 KiB
Markdown
281 lines
5.9 KiB
Markdown
# 🎯 Strategy Mode Selector - Quick Start Guide
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## What Changed?
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Your Daily Trading Plan now has a **Strategy Mode Toggle** that instantly reconfigures your entire trading setup!
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---
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## 3 Modes Available
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### ⚡ SCALP Mode
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**For: Quick profits, high frequency trading**
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```
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Daily Target: $50 (vs $500 in Swing)
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Max Loss: $12.50 (vs $250 in Swing)
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Max Trades: 20/day
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Time Frame: 1-minute charts
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Stop Loss: 0.5% (TIGHT!)
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Take Profit: 1% (QUICK!)
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R:R Ratio: 1:1
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Max Hold: 5 minutes
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✅ Use When:
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- You want daily income
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- Market is choppy/ranging
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- You have time to watch charts
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- You execute fast (sub-1 second)
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❌ Avoid When:
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- Strong trend forming (waste of capital)
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- Low volatility hours
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- You're tired (speed matters!)
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```
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---
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### 📈 SWING Mode
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**For: Trend capture, multi-day holds**
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```
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Daily Target: $500
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Max Loss: $250
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Max Trades: 3/day
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Time Frame: Daily charts
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Stop Loss: 2% (PROTECTIVE)
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Take Profit: 8% (TREND CAPTURE!)
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R:R Ratio: 1:3
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Max Hold: 24+ hours
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✅ Use When:
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- Clear uptrend/downtrend visible
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- RSI + EMA aligned
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- Supporting news/fundamentals
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- You want to sleep well
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❌ Avoid When:
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- Choppy, ranging market
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- Before major events (FOMC, NFP)
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- You're overconfident
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```
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---
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### 🎯 HYBRID Mode (RECOMMENDED)
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**For: Balanced trading, best of both worlds**
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```
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Daily Target: $250
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Max Loss: $125
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Max Trades: 10/day
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Time Frame: Both 1m and daily
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Stop Loss: 1.25%
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Take Profit: 4.5%
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R:R Ratio: 1:2
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Max Hold: 2 hours
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Capital Allocation:
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- 70% → SWING trades (trend capture)
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- 30% → SCALP trades (daily income)
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✅ Why HYBRID?
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- Swings = less stressful, bigger profits
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- Scalps = daily income, psychological comfort
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- Combined = more total profit
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- Reduced drawdown
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- Better sleep quality
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Example Day:
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Morning: Enter swing trade (2000oz at $2020)
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Throughout: Do 5-8 scalps (100oz each)
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End of day: Swing still open, +$200 scalps captured
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```
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---
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## How to Switch Modes
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### In Daily Trading Plan Component:
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1. **Open Daily Trading Plan** (in Prep tab)
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2. **Look for Strategy Mode buttons** (or card if desktop)
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3. **Click SCALP / SWING / HYBRID** button
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4. ✨ **Plan auto-updates instantly!**
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That's it! Your:
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- Daily target ✅
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- Max loss ✅
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- Entry zone ✅
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- Stop loss ✅
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- Take profit ✅
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- Max trades ✅
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All recalculate automatically!
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---
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## Side-by-Side Comparison
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### Entry Parameters
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| Feature | Scalp | Swing | Hybrid |
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|---------|-------|-------|--------|
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| Position Size | 0.25% capital | 2% capital | 1.25% capital |
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| Stop Distance | 0.5% | 2% | 1.25% |
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| Target Distance | 1% | 8% | 4.5% |
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### Time Parameters
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| Feature | Scalp | Swing | Hybrid |
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|---------|-------|-------|--------|
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| Chart TF | 1m | Daily | Mixed |
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| Max Hold | 5 min | 24+ h | 2 hours |
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| Avg Trade Time | 1-3 min | 1-5 days | 30 min - 2h |
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### Daily Limits
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| Feature | Scalp | Swing | Hybrid |
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|---------|-------|-------|--------|
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| Max Trades | 20 | 3 | 10 |
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| Daily Target | $50 | $500 | $250 |
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| Max Daily Loss | $12.50 | $250 | $125 |
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---
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## 💡 Pro Tips
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### For Scalpers Using SCALP Mode:
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```
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1. Set alerts on 1m candles ONLY
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2. Close 50% at 0.5% profit, let 50% run to 1%
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3. NO overnight holds - always flatten
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4. Time entries with 0-1 min confirmation
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5. Avoid 6pm-8pm EST (low volatility)
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6. Avoid news events (too gappy)
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```
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### For Swing Traders Using SWING Mode:
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```
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1. Enter only with trend confirmation:
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✅ RSI > 50 (for long)
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✅ EMA(20) > EMA(50) (uptrend)
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✅ Price > Daily Support
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2. Partial profit-taking at:
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- +33% profit = close 1/3
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- +66% profit = close 1/3
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- +100% profit = close 1/3 with trail
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3. Never hold through news (NFP, FOMC, etc)
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4. Use trailing stops after 1.5% profit
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```
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### For Hybrid Traders Using HYBRID Mode:
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```
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Capital Split:
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- $7,000 → Swing account (big trends)
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- $3,000 → Scalp account (daily income)
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Morning Routine:
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1. Check daily chart for swing setup
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2. If setup valid → Enter 70% of swing capital
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3. Throughout day → Do 3-5 scalp trades
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4. End day → Check swing P&L, add notes
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Result:
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- Swing captures big trends ($100-500)
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- Scalps provide daily buffer ($50-100)
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- Together: $150-600/day possible
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```
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---
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## 📊 Expected Results by Mode
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### SCALP Expected (per $10,000 account):
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```
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Win Rate Needed: 55%+
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Avg Win: $25
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Avg Loss: $25
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Trades/Day: 15
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Days/Month: 20
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Monthly: 15 × 20 × $5 net = $1,500/month
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```
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### SWING Expected (per $10,000 account):
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```
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Win Rate Needed: 50%+
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Avg Win: $150
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Avg Loss: $250
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Trades/Day: 2-3
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Days/Month: 20
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Monthly: 3 × 20 × $50 net = $3,000/month
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```
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### HYBRID Expected (per $10,000 account):
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```
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Swing component: $2,000/month
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Scalp component: $600/month
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Combined: $2,600/month
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Less stressful, more consistent!
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```
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---
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## ⚠️ Common Mistakes to Avoid
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### Scalping Mistakes:
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- ❌ Holding too long (5+ minutes)
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- ❌ Ignoring spreads/slippage
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- ❌ Trading during low volatility
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- ❌ Revenge trading after loss
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- ❌ Overleveraging position size
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### Swing Trading Mistakes:
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- ❌ Entering without trend confirmation
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- ❌ Holding through major events
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- ❌ Ignoring support/resistance
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- ❌ Not using trailing stops
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- ❌ Averaging down on losers
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### Hybrid Mistakes:
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- ❌ Mixing capital (use separate accounts)
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- ❌ Scalping when swing signal present
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- ❌ Not respecting allocation limits
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- ❌ Overtrading one side
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---
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## Next Features Coming
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- ✅ Strategy Mode Selector (DONE!)
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- ⏳ Sub-5min Chart Support for Scalping
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- ⏳ Trend Confirmation Filters for Swing
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- ⏳ Partial Profit-Taking System
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- ⏳ Execution Speed Metrics
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- ⏳ Multi-timeframe Analysis
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---
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## Questions?
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**Which mode should I start with?**
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- New trader → HYBRID (balanced, less stressful)
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- Impatient → SCALP (instant feedback)
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- Patient → SWING (sleep well)
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- Best money? → HYBRID (combines best of both)
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**Can I switch during the day?**
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- Yes! Just click the button
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- Plan updates instantly
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- All parameters recalculate
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- No restarts needed
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**Do I have to pick one?**
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- No! HYBRID lets you do both
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- Or switch based on market conditions
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- Whatever maximizes YOUR profit
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---
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**Happy Trading! 🚀📊**
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