Along with Trading Rules I am working on a written Trading Program.
I've a Daily Trading Log in procedure, Also. I am basically trying to formalize my approach to reform and trading it..to result in a more professional approach.
Check out the T2W Trading Plan Template (see attached) a big Thanks to Silverheat for the link. I am getting alot from this record.
I imagine that the majority of people who aspire to get traders - daytraders trading electronically - return into that aspiration by several means but in general they're independently. They begin trading and find a loion like forum where there is a bewildering number of Opinion, Guie, Information, and Junk. Its not like they're coming into a project where someone states: OK, this is how we do things here this is what we expect of you. No, you basically must negotiate this maze and get to the cheese as best possible.
Is it any wonder so many neglect?
So, anytime it may be a great idea for anybody in this situation to step back and have a great look at what they're doing. What is my Plan? What are my criteria? What am I doing and how can I improve this? What are my bad habits - what am I doing wrong how can I cure that? Where I'm at, this is.