Trading Plans

Fuente

Hello friends here I leave you more info to take into account at the time of trading all are essential to have good results always having an action plan at the time of acting ....

The market:

Decide in what type of market you will operate, whether in Forex, cryptocurrencies, futures or stocks.

The operative platforms:

There are different platforms where you can trade, everything will depend on the type of market you choose and also the financial instrument that you prefer to use. My strength is the stock market with the instrument of stock options.

The time frames:

How will you look at the graph of 1 minute, 5 minutes, 15 minutes? Hours, days? Define what time frames you will use to base your operation, this goes hand in hand with your trading strategy.

Operating hours:

What time of day is appropriate for you and your trading style. There are people who prefer to operate in the first 30 minutes of the market, others prefer in the afternoons. Keep in mind that the highest volume and volatility usually occurs in the first minutes of the market and if you like volatility and your type of trading is scalping it can be a good option. This will also depend on your strategy.

The technical indicators:

What technical indicators will you use? It details what the indicator is based on and why you will use it in your operation. It includes web pages that you may need to consult.

Tactics and strategies:

You will detail as if you were going to explain to a child, what is your trading strategy or tactic? It details what an entry opportunity looks like, where you will take benefits, where your stop protection will be according to the maximum loss per operation, what are the risks and opportunities of the strategy, what is your routine before and after the operation, what are your the requirements to determine what is a good investment opportunity and what you will do after operating (register operations, etc.). If possible, place images of some operations that you have done so that you always have in mind what the trading opportunity looks like.

I hope friends who serve the info will always have positive results if they put out a disciplined orderly action plan and keeping track of operations, will be until the next greetings and success ....

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