Building A trading System Flashcards
1
Q
What record is essential?
And where to get its structure
A
Keeping meticulous record of trading
Can use skeleton from another trader and build on this
2
Q
4 things to consider when coming up with your style
Hints
1 - time frame?
2 - hold for time?
3 - underwater!
4 - wannabe scalper
A
3
Q
Entry system - some things to consider
A
4
Q
Defining your style?
Do you have to be exact?
What to do to start with? Focus on X
A
No!
Best to focus on your stronger suit to start with
5
Q
Why trader journals essential
A
Things that affect your trading are endless
See paragraph and list for ideas of what to include
6
Q
What is a trading plan vs systems
A
System - how to find, enter and exit trades
Plan - routine around that and portfolio management
