Being a successful trader requires more than just buying low and selling high. It requires a disciplined approach to every trade you make. This is where a trading plan comes into play. A trading plan is a comprehensive document outlining your goals, risk-reward ratio, entry and exit strategies, and more. In this blog, we will […]
This certainly was not the worst day I have traded in the SPX, but it is one that took me by surprise. I was trading happily along around lunch time then …. BOOM! SPX just started to drop. I said, “OK”, there is plenty of room between the current price and some of my shorts. […]
All of my trades start with a trading plan. That means I know what conditions I need for entry and exit before I ever execute a trade. Some trading plans are more defined than others such as my condor trades and some might be based on crossing a particular moving average, stop loss or profit […]
