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Sunday, October 23, 2011

HERE I WILL KEEP MY RECORDS WEEK BY WEEK

I TRY TO DEVELOP A THE POWER OF TWO STRATEGY FOR DAY TRADES.



I want just to share a new experience that I am trying to do THE POWER OF TWO.

I decide to use that in Day Trades.

I did my day trade plan with:

1 - Risk manegement using 2 and 6 % Rule.
2 - Good recordkeeping Day By Day.
3 - I find a Listener.
4 - I Have Stop Loss and Stop Gain before trade.
5 - I Have a month Targets.
6 - We are focus in Realism.

How we do that:

Almost 3 Times a week we (me and the listener) trade together. We decide to do together because it is a Day Trade.

We trade the Plan.