Language of Markets will be observing Columbus Day Holiday. We will be off on Monday, October 13th. We will resume our LOM sessions on Friday, October 17th at 12:00 pm PDT. Have a great long weekend with family and friends.
Language of Markets will be observing Columbus Day Holiday. We will be off on Monday, October 13th. We will resume our LOM sessions on Friday, October 17th at 12:00 pm PDT. Have a great long weekend with family and friends.

Structuring A Trade Plan

In recent live sessions, we have been going over how and why to structure a trade plan so that we are not making ineffective emotional decisions on the fly while under pressure. In this video, I demonstrate making a precise trade plan on SAP. Use this example as a guide to designing your own trade plan where you:

Know our method and design precise rules for:

  • Entry: Know what gets you in
  • Initial stop: know where your stop goes
  • Money management: Know your position size and trade management after in trade
  • Exit: know what gets you out