Friday, November 22, 2013

Trading Plan | Trading Psychology Edge


http://www.tradingpsychologyedge.com/trading-hvas/trading-plan/

In this Work­shop Webi­nar, he shows the traders:

• How to cre­ate an effec­tive Vision & Inten­sion that leads to
• Set­ting trad­ing goals that can be mea­sured and achieved
• Details on how to develop an over­ar­ch­ing trad­ing phi­los­o­phy that guides your trad­ing and can be reflected in every trade you take
• Iden­ti­fy­ing the mar­kets and time frames you trade in accor­dance with liq­uid­ity fac­tors, your risk tol­er­ance and per­sonal char­ac­ter­is­tics
• How to mean­ing­fully iden­tify your strong points as a trader, and also where you reach your per­sonal lim­its, then cre­at­ing spe­cific, indi­vid­ual guide­lines for your per­sonal dis­ci­pline
• How to cre­ate gen­eral trad­ing guide­lines for your­self so that you are mak­ing trades that have the high­est odds given mar­ket con­di­tions, includ­ing when to use lever­age and when to avoid mak­ing trades
• How to apply the trader's most impor­tant rule: Pro­tect your Cap­i­tal with sound money man­age­ment and risk pro­tec­tion
• Proper posi­tion siz­ing, includ­ing an effec­tive way to increase up your posi­tion size to achieve your finan­cial goals
• Keep­ing good records and gen­er­at­ing reports so that you can effec­tively mon­i­tor and track your progress as a trader
• Devel­op­ing impor­tant rou­tines includ­ing your prepa­ra­tion for the next trad­ing ses­sion.
• Devel­op­ing a con­cep­tual map of the mar­ket so that you have a clear sense of your trad­ing envi­ron­ment
• A com­pre­hen­sive for­mat for spec­i­fy­ing your trade setups, includ­ing keep­ing impor­tant infor­ma­tion on your trade setups to help you improve over time.
• A method of review­ing your trades and your trad­ing per­for­mance for con­tin­u­ous improve­ment
• Devel­op­ing an emer­gency plan so you can be in con­trol of unex­pected events.
• Spec­i­fy­ing and man­ag­ing your over­head costs
• Cre­at­ing a Pro­fes­sional Devel­op­ment so you can sched­ule and man­age your ongo­ing learn­ing
• And, more …

In this Webi­nar Work­shop, you will also receive a 27-page Work­book com­plete with all the forms you need to cre­ate your pro­fes­sional trad­ing plan. Unique to Dr. Gary's approach to con­struct­ing a trad­ing plan, you will also be taught how to sum­ma­rize your plan into an Exec­u­tive Sum­mary which you can keep on your trad­ing desk for easy reference!

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