5 Steps to Creating A Winning Trading Plan
Start trading today using my free guide @ mytradingplan.org\n@marketadventurespodcast on ALL socials\nMoneyforknowledge.com\n\u201cCreating a 5 Star Course From Scratch\u201d is a masterclass on producing and selling courses quickly and profitably. Learn how you can make a living income, and build your wealth through teaching others what you already know.\nTake 5 seconds to share this show with friends and family. Don't tell them why, just share it. If yah know, yah know\nGet $5 for free @ thesavings.club to get automatic savings started towards your goals\nRules\nWhen to trade?\nWhat to trade?\nCommodities? Forex? Stocks?\nIndustry? Large cap or small cap? Etc.\nHow to trade?\nScaling in position? Going all in? Cash balance?\nAt least 2 technical analysis indicators\nCould be as simple as using previous close lines, gaps and price action\nBasic support and resistance\nOr using indicators built into platform\nI use RSI, MACD, ADX/DMI, Volume by Price and Moving averages\nAbove all. Where is the wind blowing?\nEntry & Exit\nWhat timeframes are you using?\nWhich time frame gives you your entry signal\nProfit target, next level or resistance (or support).\nSet a standard target. Anything above is gravy. I.e 5-10% swings (in less volatile periods)\nGoals\nShort: Income?\nMedium: Retirement?\nLong: wealth?\nMindset (Most important)\nConfidence\nUnderstanding that trading is a probabilities game\n\n\n--- \n\nSupport this podcast: https://podcasters.spotify.com/pod/show/marketadventures/support