EdgebyRS Handbook 2023
Welcome Aboard Amigos!
A community where YOUR SUCCESS is my PRIORITY!
Becoming a trader, just like accomplishing many things…an MBA, a new Startup, a 10K Marathon;
requires time and dedication. Just like you, in my early days I also went through periods of
frustration, losses and near misses; yet, spurred on by my mentor, I persevered.
Now here I am, with my own attempt to pay it forward and replicate a similar mentorship path for
each one of you. From the outset, I must emphasize on the importance of keeping the
communication links continually open for our efforts to succeed. My DM is always open, during
trading hours for direct support and over the weekend for any further questions.
I understand joining an active feed can get overwhelming and it can take some time to adjust to the
new style and flow of information. And although I every effort is taken to ensure my posts are clear,
concise, and actionable; if at any time there is any doubt or confusion, it is best advised to DM me
immediately rather than assume or ignore. And always remember ‘Less is More’, ‘Quality over
Quantity’.
Now that’s enough about me, over to you now, let’s connect and start reaching new Altitudes
together!
“Focus on the process and execution, results will follow!”
RS
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EdgebyRS Handbook 2023
Disclaimer:
This handbook is a guide developed based on my own personal experience. All the frameworks
shared in this document are guides that I personally follow and often referred to as “best practices”.
Do not consider information in this document or information shared in my private Discord or via
Newsletter or Social platforms as a “recommendation”, “advice” or “instructions” on how to execute
or manage your trades. Everything shared is for “educational” and my “journaling” purposes. I do not
hold any responsibility for your executions, losses, and profits.
108Altitude.com serves as a ‘Trading Experience’ platform in which we share our own trade setups to
provide our stance on the financial markets and primarily use it for journaling purposes. The
information provided on the website or any social media platforms, including market orders, is for
general informational purposes only and does not constitute financial advice or recommendation. All
direct communication or exchanges are the author’s personal views and perception, which does not
constitute as advice or recommendation. We are not registered investment advisers, brokers, dealers,
or financial analysts, nor are we members of any kind of financial advice or research group.
Release of Liability:
You understand and accept the risks inherent to trading stocks, futures, and derivatives, and under
no circumstances shall you hold 108Altitude, its owners, employees, affiliates, and agents liable for
any/all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or
otherwise) that you may incur as a result of use or reliance of the information provided on or by
108Altitude.com and affiliated emails/webinars or through 108Altitude. Thus, your use of our
services and your reliance on any information is solely at your own risk. Futures are a leveraged
product and can result in losses that exceed your initial deposit.
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EdgebyRS Handbook 2023
Modus Operandi:
Daily trade plans are shared ahead of open for each Index.
Fridays are assigned as ‘Cool Off” period and trade plans may not be shared.
Weekends are often dedicated towards connecting with members to provide additional support.
I do not trade and may not share Trade plans during US/UK/German Bank Holidays.
Indices Covered:
CFD (Daily/ Cash)
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United Kingdom: FTSE/ UK 100
Germany: DAX40/ DE40
Futures
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United States: ES_F/ US 500
United States: NQ_F/ US Tech 100
Notes:
Index quotes may vary, verify the difference between IG and the broker you’re tracking. All my
quotes are from IG.co.uk.
Traders who trade CFD’s (Daily/Cash) instead Futures or vice versa for the select index, please check
the difference every week.
Education Resources:
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Books are uploaded on the website under the “Members” Section. Topics Covered: Mindset,
Market Profile & Candlestick Patterns
Discord Room: Education
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EdgebyRS Handbook 2023
Trade Plans Guide
Approach to day trading has been divided into Two Main Categories: Trade Zones & Context with
Weekly being the Blueprint.
1) Trade Zones – Ideal for Beginners
The zones enable execution simplicity due to the framework developed. You can consider
the zones as ‘Automatic’ where the only two conditions to be aware of are; Events
(FOMC/Economic Data/Earnings) and specific zone updates shared by me.
2) Context + Live Trades – Ideal for Experienced Traders & Good for Learning
Daily commentary on market structure using Volume/Market Profile along with application
of Balance Ranges and Market Memory. Enabling you to learn my thought process along
with how I view the developing structure and utilize the contextual information shared to
initiate trades.
3) Weekly Diagnosis & Prognosis – Beginners/Experienced Traders
The report is divided into three parts: Past Week, Market Structure/Outlook/Context, and an
actionable weekly plan. Designed to provide you with a foundation for the week ahead, that
will enable awareness and allow you to understand the shifts/short-medium term
development. The plan is also built to support swing trades.
4) LIS (Pivot) – Basic skillset to acquire
LIS/Pivots help gauge potential change in trends + invalidate/validate trade setups. To
enable smooth execution, I have developed the LIS Framework - a simple 4 step framework
that allows you to use the LIS/Pivot levels effectively. Review the LIS Framework PDF to learn
more…
Trade Zones Execution Framework:
Index
Minimum Target
Stop Loss
ES
NQ
DAX
FTSE
ASX
7 Points
21 Points
21 Points
10-12 Points
10-12 Points
7-8 Points
30-35 Points
30-35 Points
10-12 Points
10-12 Points
Some of you may think that the above R:R is skewed, here’s a reminder, keep in mind it is “minimum
profit”, whereby I assume you would first want to get consistent and profitable, then engage to aim
for higher targets based on the plans/context shared.
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EdgebyRS Handbook 2023
Trade Zones Notes:
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‘Stop Loss’ is always calculated from the “Back End” of the Zone, while ‘Profit’ is calculated
from the “Front End” of the Zone. My approach is fair!
Zone is marked successful upon delivering the default Minimum Target.
Zone can be re-tired based on favorable context and/or LIS Confirmation.
Untested Zones remain valid until tested or broken.
Always watch for ‘Tempo/Speed’ into the Zone.
Experienced traders can use the Zones as Support or Resistance once broken. In this case
‘broken’ is referred to as once ‘Stop Loss’ has been triggered.
Strong Trend Days often result in a clean slice through zones and traders are always
recommended to have situational awareness. E.g.: FOMC, Economic Data, Earnings, etc.
Ticks/Decimals and Broker Spreads are not considered in determining a zone’s trigger or in
tracking the performance of the zones.
Zones can trigger during overnight/globex sessions; recommended not to have “pre-set”
orders. As a thumb rules, trades should be always monitored.
The above Framework is a “guide”, traders can adapt and adjust as per their account size,
emotional capital, and experience.
“Front Run”; A scenario when the zone “succeeds”, while price missed the zone trigger by 13 points. The zone remains valid, though warrants active management or tracking Price
Action.
CHART ANNOTATION
https://www.tradingview.com/x/ExUuMgv1/
Example:
Support Zone (4,107 – 4,111)
Explore a long within the range and set stops at 4,099 (4,107 – 8)
Minimum TP, i.e; 4,111 + 7/8 (4,118/19)
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EdgebyRS Handbook 2023
Trade Management Insights:
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Position Size: Define the size once and do not change with every trade unless account size
has increased by 50%. Consistent size results in a “simple” Profit/Loss management.
Profit Booking: An essential element, often ignored by traders. Always know the “minimum
profit” level regardless of the setup. Remember skyscrapers are built one floor at a time!
Trailing Position: A runner is your insurance for the next trade.
Emotions: Defined trade management frameworks, eliminate emotional rollercoasters. A
trader yearns for awareness and knowing your best and worst outcome is all what you need.
Risk Management: Maximum Loss permitted per trade; 2-3%
New Members:
Once you have read this Handbook, send an email to hello@108altitude.com to setup your
Introductory Zoom Session to get the ball rolling!
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