tradersystem
2 views
1 Discussing
Hot
Latest
If you are a "TRADER" don't miss out on looking into this...š„šš„
### 1.Clarified Instrument
It is imp to clearly define the INSTRUMENT you are trading, whether itās Ethereum, Gold, or Bitcoin without this clarity, you may end up trading Gold one day, Eth one day and next btc after that, which can lead to inconsistency and hinder your success.
### 2.Time window
Clearly define the time window:Ā _________?
I only enter trades within a 2-3 hour period; if NO OPPORTUNITY ariseĀ during this time , I DO NOT TRADE.
### 3.Defined setup
Your TRADING SETUP should be clearly defined, with a clear understanding of its structure.
>>You should know exactly WHAT CONDITIONS need to be met for you to ENTER A TRADE and what factors would PREVENT YOU from doing so.
### 4.Entry system:
Mostly only when forming the STRUCTURE.(i f no structure no entry)
Not byĀ FOMO/ REVENGE Trading.
Your entry system should be CRYSTAL CLLEAR, specifying the CONDITIONS required for you to ENTER A TRADE,
the METHOD OF ENTRY, and exact CRITERIA that must beĀ met.
### 5.Exit system
What RISK-TO-REWARD ratio will you use to EXIT THE TRADE,and where will you set your RAKE-PROFIT LEVEL?Ā This CANNOT be random, you need to define the exit strategy in advance regardless the market is doing whatever.
Bonus tip: It all comes with f*cking DISCIPLINE + CONSISTENCY.
if you don't have these two, your emotions will ruin you.
Have set of rules and PRINCIPLES which defines YOU š«µ, profits will come eventually.
#traderSystem
#TraderAlert
#TradingMadeEasy
#TraderPsychology
It is imp to clearly define the INSTRUMENT you are trading, whether itās Ethereum, Gold, or Bitcoin without this clarity, you may end up trading Gold one day, Eth one day and next btc after that, which can lead to inconsistency and hinder your success.
### 2.Time window
Clearly define the time window:Ā _________?
I only enter trades within a 2-3 hour period; if NO OPPORTUNITY ariseĀ during this time , I DO NOT TRADE.
### 3.Defined setup
Your TRADING SETUP should be clearly defined, with a clear understanding of its structure.
>>You should know exactly WHAT CONDITIONS need to be met for you to ENTER A TRADE and what factors would PREVENT YOU from doing so.
### 4.Entry system:
Mostly only when forming the STRUCTURE.(i f no structure no entry)
Not byĀ FOMO/ REVENGE Trading.
Your entry system should be CRYSTAL CLLEAR, specifying the CONDITIONS required for you to ENTER A TRADE,
the METHOD OF ENTRY, and exact CRITERIA that must beĀ met.
### 5.Exit system
What RISK-TO-REWARD ratio will you use to EXIT THE TRADE,and where will you set your RAKE-PROFIT LEVEL?Ā This CANNOT be random, you need to define the exit strategy in advance regardless the market is doing whatever.
Bonus tip: It all comes with f*cking DISCIPLINE + CONSISTENCY.
if you don't have these two, your emotions will ruin you.
Have set of rules and PRINCIPLES which defines YOU š«µ, profits will come eventually.
#traderSystem
#TraderAlert
#TradingMadeEasy
#TraderPsychology
Login to explore more contents