If you have ambition to double your money in 2020, here are some steps you can take now and gear up for 2020.
First step get a software. Without proper scanning software your probability of making money is low. A good software is first starting point to making money trading. I use Telechart for all my scans and trading ideas.
Second setup scans charts columns layout. Once you have the software n place you can setup scans for breakouts, anticipation, momentum, Episodic Pivots, reversals and so on. You can create watch lists. I have shared many setups on this site which work and are being used by thousands of traders over the years with some modifications.
Third setup daily process. The daily process should be built for efficiency and money making. A well thought out process fits your lifestyle. A daily process for full time aggressive trader will be different from someone with full time job and limited time commitment.
Fourth develop situational awareness (SA) skills. SA is about changing your trading tactics to current market conditions. Some setups work best under certain market conditions , if you are aware of that then you will have great success and less draw downs.
Are you motivated enough to do this. Do you want to aim to double your money. Then do something about it and stop dreaming.
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