Feb

Grade Your Trades

Grading your trades Pretrade and PostTrade will help you to take only the best trades.

Your PreTrade Grade is the quality of the setup……. Your PostTrade Grade is the quality of your money management during the trade. You may have noticed my grading the last few trade posts. I am using the old school A B C D F to judge my trading. A = Best Pretrade Grade or Best PostTrade Grade. F = Worst PostTrade Grade.

Keep yourself in line. Keep yourself honest. Keep yourself in the Best Trades. GRADE YOUR TRADES before you go and as you go.

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Trade Setup

Check daily chart, Stock Market and 15 minute chart for the trend, the 15 & 5 minute to trade and the 1 minute or tic for best entry. Trade only with the trend. Check birds, trendlines-support-resistance lines. Do not trade within 15 minutes of news or before 11PM. Enter in front of move w/buy or sell stop. Set stops past resistance or at bird. Take profits at s/r, latitudes and reversals.Stop trading with 5% profit or 10% loss. CONFIDENCE in Bird Support Resistance Trend Heiken Ahsi MACD Trade Cover Trail Tic Entry..

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Grade Your Trades

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