Map a process flow if want to improve your trading

The first starting point for anyone serious about making money trading or investing is to have a detailed process map. Profitable setup ideas are dime a dozen. Most of the profitable setups used by traders are in public domain. If you go through couple of books or blogs you will find several of them.

But the key to making money from those setups is to develop a method to trade them daily. Setting up a daily process is where many traders struggle. As a result they fill overwhelmed and confused. If they setup process flow and improve it over time then the effort starts paying off.

For example if you say read a book like How I Made $2000000 in the Stock Market, the next logical step is to setup a daily process to find those stocks. And then perfect the process over time. Absent that no miracle happens.

Similarly if you read How to Identify good momentum burst and make millions , the next logical step is to setup detailed process flow to trade that method. Once you have process you can start to improve it. If you had a process for doing what was discussed in that blog post above, you would on your own found a stock like ZAGG yesterday as it had momentum burst. It was also highlighted in anticipation setup yesterday.

Once you have process you can do things in less time. However imperfect your first attempt at setting up a process , it is the first starting point to becoming profitable trader. As you start setting up a process you start to understand a method or idea better. You are forced to break it in component parts

In the beginning run only one or two processes. Your brain will not be able to handle many processes simultaneously. So be less ambitious . Do not trade lots of setup. Trade only one setup and perfect process flow for it to the level of microscopic details.

I have shared a setup idea with detailed process steps several times to find anticipation setups , if you understand that setup idea and use it you will today find stocks like these:

AMZN

PDCE

DATA

BCO

WWWW

BGC

ALSK

RVNC

NFLX

RGEN

WUBA

CMCM

AST

If someone shares an idea or a trade the first question you should always ask is what is the process to do this. You read a trading book , fine but unless you have a process to convert that books trading idea nothing will happen.

Many setup ideas that have made me money have been shared on this site with process used to find them. If you are serious about trading and more importantly making money swing trading then study some of them .

For any method you want to trade if you set up a good process flow , you will find trades on your own, you will know when to enter them, with how much risk , when to exit them and how to lock in profit. It is a process loop. Once you develop it , you just need to run your process loop again and again and again.

If you want to make millions trading start today by first setting up a process flow.

Best site to learn to trade

If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.

Members tell me they have tried a lot of things before coming to my site, and it has offered them the most extensive and detailed methods to swing and position trade. Members range from very experienced traders to novices.

No advertising, no hard marketing, no promotions, no free offers, no affiliate marketing, no incentive to other bloggers to promote the site, no constant tweets self-promoting the site, and no tall claims. Every member comes through word-of-mouth recommendations from existing members.

As a member, you will learn the basics of swing trading, momentum investing, growth investing, and risk management. You will learn about Stockbee Momentum Burst breakouts, Stockbee Trend Intensity Breakouts, Stockbee Episodic Pivots Breakouts, Stockbee Lemonade Strategy for 401k, and many other member-shared methods.

You will learn how to set up your own scans, how to select the right kind of stocks, how to set up stops, when to enter, when to exit, how much to risk, how to track your trades, and all other details about trading.

You will learn about developing your own methods and not relying on others for trade ideas. Develop your own edge. Once you develop your own method, you will have a lifelong profitable method.

The site gives you an opportunity to interact with some of the most successful traders and learn from them about their trading methods. It is a vibrant community with members from different backgrounds and experiences willing to help each other. Members have shared their methods, scans, software, backtests, and market insights.

Every day, the emphasis is on continuous learning and upgrading of market knowledge and setup knowledge. The members range from hedge fund employees, financial advisers, active swing traders, investors, and new traders.

You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

Almost every member comes through a recommendation of some of the leading trading bloggers and trading sites. 80% or more members continue to be members for more than 3 years. Most tell me that they stay on because every day they learn so much from the members' site.

If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

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