Hi you all,
I have had an idea.
Any of you are more than welcome to go with this.
My biggest issue and certainly the biggest issue I've read about is discipline and emotion. So what would be amazing, is to have a doorkeeper of sorts to my trading acc. It needs to be a real live person on the other end. I need to have submitted my trading plan which lays out my system including entries, lot size, reasoning etc...
There also needs good time delay of a day or more to be able to submit the plan initially or to change it, and all trades are given as live instructions, the gatekeeper then checks the trade against the plan, including lot size, money management etc, and refuses to open/close/modify a trade if it doesn't concur with the submitted trading plan. There can be no emotional trading that way.
I would seriously use a service like this. I reckon the brokers out there should do it too. Obviously doesn't work well for very short term traders, but I trade 4 hr charts, and it would work real well for me for the times I fall off the proverbial wagon !! :
I have had an idea.
Any of you are more than welcome to go with this.
My biggest issue and certainly the biggest issue I've read about is discipline and emotion. So what would be amazing, is to have a doorkeeper of sorts to my trading acc. It needs to be a real live person on the other end. I need to have submitted my trading plan which lays out my system including entries, lot size, reasoning etc...
There also needs good time delay of a day or more to be able to submit the plan initially or to change it, and all trades are given as live instructions, the gatekeeper then checks the trade against the plan, including lot size, money management etc, and refuses to open/close/modify a trade if it doesn't concur with the submitted trading plan. There can be no emotional trading that way.
I would seriously use a service like this. I reckon the brokers out there should do it too. Obviously doesn't work well for very short term traders, but I trade 4 hr charts, and it would work real well for me for the times I fall off the proverbial wagon !! :