Professional traders have a system for making money…
The long-term goal is return on investment, a steady growth of capital.
Short-term however, the goal is to transform a strategy, into a daily list of stocks to trade.
This will be difficult for most traders because they have not made a commitment to write a trading plan. (How to combine an edge, entry and exit signals and money management.)
Today’s video is a behind-the-scenes look into our pre market game plan meeting. The key take-away from the meeting; it gives you reasons why a trade might be a good idea, but also why it may not be a good idea right now.
We discuss at length, the subtle art of trading an edge, but only if the risk/reward is acceptable.
Enjoy the video. Please leave comments below…