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Time & Risk Profitability Cutting Losses TRADING PLANS Liquidity
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Plan the trade; trade the plan. Pretty annoying word play but you get the point. If you haven't sat down yet and written out your personal trading strategy, you really don't know what it is. Then the next time your wallet really depends on it, you're out of luck. Your rules must tell you what your holding period is, the type of stocks you'll trade, entry and exit rules you'll use on all your trades, and a series of filters that describe specific conditions in which you will stand aside. This course may give you good ideas on what belongs in each column. But it's your money, your time and your decision. Start today to think about your personal identity and style within the trading game.
tran