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I’m basically done for the day.
But it’s time to #Hustle and put together a plan heading into next week.
Journaling and mapping out how I want to execute the plan has helped me separate myself from the 99% that don’t make it in the markets.
But it’s time to #Hustle and put together a plan heading into next week.
Journaling and mapping out how I want to execute the plan has helped me separate myself from the 99% that don’t make it in the markets.
How do I do this?
However and whatever you scan for that fits your strategy, write down your favorite tickers.
Create a watchlist of those names.
Go back and draw your lines, write down triggers, map out how you want to trade the name.
However and whatever you scan for that fits your strategy, write down your favorite tickers.
Create a watchlist of those names.
Go back and draw your lines, write down triggers, map out how you want to trade the name.
You can narrow down your watchlist in the morning at or near the open when you see what is working.
My advice is to focus on your “favorite five”. This will help you to not be overwhelmed with names. You’ll be less likely to miss your setup and trigger.
My advice is to focus on your “favorite five”. This will help you to not be overwhelmed with names. You’ll be less likely to miss your setup and trigger.
Get your journal out and execute the game plan for the ticker.
If it goes against you... STOP OUT. Nobody wants to be a bag holder. Hope is not a strategy.
As long as you quickly cut your loss there will be a tomorrow. Don’t watch what you worked for blow up in front of you.
If it goes against you... STOP OUT. Nobody wants to be a bag holder. Hope is not a strategy.
As long as you quickly cut your loss there will be a tomorrow. Don’t watch what you worked for blow up in front of you.
It is important to stick to your trade rules and to the game plan you set out for the ticker you are trading.
I hope this little thread helps you out in your trading journey!
Have a great weekend everyone!
I hope this little thread helps you out in your trading journey!
Have a great weekend everyone!
