Questions checklist for morning trading plan
What is your trading plan for today morning | |
What is your plan if your view is bullish | |
What is your plan if your view is bearish | |
What "method" is driving your bullishness or bearishness | |
What is your pre market trading plan Which method would you focus on in pre market If you identify a good EP in pre market how will you enter it Have you looked at last nights earnings What are the 2-3 best opportunities you must watch at open from that list Have you thought of where you would put stop, how much you will risk on them What will you do if after entry it does not act as expected | |
What is your plan for managing :each" of your position What is driving that decision | |
What psychological tendencies do I need to watch for. How can I correct them for next few hours | |
Am I really ready for trading today. Have I done systemic analysis of last night opportunities Did I research opportunities/method | |
If I am going to use EP in the morning everyday am I organised for it /is there a set routine for it Is my broker/software set up for it Do I really understand what is involved in trading EP | |
2 comments:
I assume question 2 & 3 are meant to be different? I.e. one bullish the other bearish?
yes that is a mistake
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