Follow a
METHOD
STRUCTURE AND EFFECTIVE
to discipline and organize your daily trading routine.
Method, ten steps to excellence.
Follow a
METHOD
STRUCTURE AND EFFECTIVE
to organize your daily trading routine.
Method
ten steps to excellence.
DISCIPLINE IS THE METHOD
It is said that a trader must have DISCIPLINE to be successful in investments, but no one ever dared to explain how to be disciplined, how to learn this competence.
Also been said that trading is all PSYCHOLOGY. But how do we train our Psychology? Nobody has explained that either !!!!
We have verified with years of practice that both skills, DISCIPLINE and PSYCHOLOGY, are perfected following a METHOD. Step by step, each trading day, we will follow a guided, logical and efficient routine.
We present our method:
1
SELF APPRAISAL
Evaluate the personal, physical, emotional and environmental conditions to determine if the trader is in the most favorable conditions to operate today.
2
SETTING RISK
Review the Maximum Risk per Transaction, the Maximum Allowable Loss per transaction and the Risk Available for the day.
3
SURF THE MARKETS
Review the reference markets in order to determine their trend and confirm it with the volatility index.
4
SEARCH PROSPECTS
According to the estimated market trend, refer to the Watch List that has filtered actions that correspond to the market trend.
5
SELECT OPPORTUNITIES
Review the Watch List corresponding to the current trend and select the stocks that follow the trend effectively.
6
SPECIFIC EVALUATIONS
Review each Opportunity selected with the tradingvivo Toolkit® platform and those that are Accepted, include them in the Watch List: Entries for today.
7
SIGNALS DETECTION
Evaluate Entry signals by Graphical Analysis for the List of potential Entries for today and the last 7 days. If positive, place the Entry Order.
8
SYSTEMATIC MONITORING
Review the Open Trades and evaluate Exit signals by Graphical Analysis. Mark in the List of Open Transactions the trade that we will close.
9
STRATEGY EXITS
If exit signals were detected, put the corresponding Exit Order.Otherwise go to the last stage.
10
STATISTICS & LEARNING
Set aside time to monitor statistical indicators, number of winners, losers, profitability, etc.