Trading Plan: What Strategy to Use? Part 5 πŸ‘

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Trading Plan 5: Choosing a strategy. PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! This is a whole big topic in itself. You have the whole sphere of your trading plan and then you’ve got the strategy. Ultimately there are three things you can do in the markets; you can trade the trend, trade against it or stay out.

1) Trend; for me this is in the form of say, buying that first pullback, trading with flags on things like momentum ignitions. I like explosive moves that might continue a few days. I’m not too good at timing long term trends.
2) Mean Reversion – I like the intraday day reversals and fakeouts
3) News

But keep in mind this is less important than it appears because we will iterate and keep developing and evolving our strategy. We can bolt on different strategies as we go on.

### New Trading Plan Series ###

Trading Plan: Current Commitments and Status Part 2 ☝

Trading Plan: Which Markets to Trade? Part 3 πŸ‘

Trading Plan: What Timeframe to Trade? Part 4 πŸ‘

Have a Trading Plan When Starting Out! πŸ€›

Quick Beginner’s Guide to Creating a Trading Plan πŸ‘

New Year, New Trader, Your New Beginning! 🌈

PREP Method: Profit Target, Risk, Exit and Patience πŸ‘

5 Reasons Why Trading Plans Fail! 😐

How to Develop a Trading Plan – Goals: Part 1 πŸ‘

Creating your Trading Business Plan: Part 2 πŸ‘

Trading Plan: The What (Markets), When (Times) and How (Strategy): Part 3 πŸ‘Œ

Trading Plan & Checklist: Limiting Risk – Per Trade Risk, Daily Risk and Limit Risk: Part 4 πŸ‘Œ


### Developing Patience and Knowing when to Trade ###
Part 1 – Tips on How to Develop Patience and Trading Discipline:
Part 2 – What is your Winning Edge (Advantage) when Trading?

Part 3 – Trade when the Market isn’t Random: Understanding Crowd Psychology

READ MORE  Setting up a Watchlist on the CoreSpreads Platform πŸ‘

Part 4 – Profiting From Panic Selling: Buy Fear, Sell Greed

Part 5 – Trading with an Edge: How To Trade And be a Winner

Part 6 – Developing Patience and Knowing When to Trade


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