There`s a lot of trading systems out there. Almost all of them are profitable, as people, who created them, say. And they don`t lie. The thing, they usually forget to tell about, in my opinion, is that whatever system we choose, we should do basic analysis before start trading: levels, trendlines, channels, etc. - clear market with no indicators in it. The systems can only give us an entry and sometimes exit points. But no general idea of current market situation. We have to find it out on our own.
So, to help us, I made a checklist with these basics, according to my experience. It can be printed and filled out every time we sit in front of our computer to trade. It`s nothing new here of course, but I think this should make us more disciplined and our trading more profitable.
You are welcome to download and have a look at it. I also kindly ask You to explain Your own ideas on that so we can make this checklist better and profit!
Thanks for attention. Kind regards, Vladimir.
So, to help us, I made a checklist with these basics, according to my experience. It can be printed and filled out every time we sit in front of our computer to trade. It`s nothing new here of course, but I think this should make us more disciplined and our trading more profitable.
You are welcome to download and have a look at it. I also kindly ask You to explain Your own ideas on that so we can make this checklist better and profit!
Thanks for attention. Kind regards, Vladimir.
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Successful trader`s checklist.doc
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Vladimir Vereshchak - Making People Wealthier!