https://www.youtube.com/watch?v=dgDZuPt0A7w&feature=youtu.be
Weekly plan for 05/09/2017 – 08/09/2017
1). Ensure I put together a watch list every night at least 1 hour before market open (830 pm in Perth).
2). Monitor worthwhile stocks don’t go on some random tangent that has low volume and is too slow moving for intraday trading.
3). Scan for the biggest gainers and losers upon a few minutes into market open.
4). Don’t rush into trades and ensure there is a sufficient catalyst or news.
5). Respect the price action and support/resistance.
6). If my gut says good set up really look into the trade as typically my instincts are not well developed and are wrong most of the time. Therefore listen to my brain (logic) and not my gut will be a key point of this week.
7). Don’t force trades just because.
8). I want 3 consecutively profitable months before I trade a live account, August was a red month to the tune of $541 (5% loss).
What platform do you use for your "trial" account? I am based in NZ so have a bit of a struggle with the time difference to the US Stock Market
@NSellwood I use Interactive Brokers 😀.
Just dont give up man, hang in there.
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