Building A Trading Plan
***Disclaimer: This is for educational purposes containing my personal opinions and approaches, this is not investment advice. All trades are made in my smaller accounts to accomodate reasonable expectations for beginning traders with smaller accounts.***
Trading Plans
0:00 - 0:51 What A Trading Plan Does
0:51 - 1:11 Helpful Rules
1:11 - 2:04 Consistent Trading & Matches Your Strategy
2:04 - 3:21 Entries & Exits
3:21 - 4:45 Prepared Physically & Mentally
4:54 - 5:43 IMPORTANT! No Forcing Trades
5:43 - 6:07 Walk Away
6:07 - 6:22 Review Your Rules
6:22 - 6:58 Final Thoughts
In order to build on experience and help improve your consistency, I want to talk about building your personalized trading plan. Whether it's specifics regarding entries and exits or necessary daily mental preparation to trade, I break down how I go about constructing my plan. Also, I outline an example of my current day trading plan.
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#stocks #stockmarket #investing #daytrading #swingtrading #daytrader
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