4xStar: Yes I think learning especailly it helps keep a clear defined course of action handy. especially if things start moving fast. Having some areas jotted down might eleviate some stress. I think the Pro's also do anlaysis you
have to know the answers to all those questions , even if you Know it form just glancing at a chart, There are other things in play on any given day, How much anyone wants to use in there personal strategy is the million dollar question, but someone has a quote on here that states take it all and keep the best.
Your trading plan could all be on your chart, Your S/R lines your trend lines fibs ..etc.. Then at end of every day you could save that chart and add a summary to it, how you got in did it move the way you thought, if not why, all the time thinking about the next move..
This will all get easier as we progress, But I will still write it all down to help myself come up with all the best moves and to help me remember what took place to make those great trades. As I see something is irrevelent it will get tossed aside with a byline of why..
Having just reread JimmyMacs post, if your just using this for day trading than maybe not everything be needed, I am thinking to use this as a core running trade, Then adding and subtracting lots during the trading day to gain max profits, Doing it that way I personnally want to have a known target for every turn that I can either add to or subtract. Plus any other information I may find usefull..
Last edited by KENNETH LEE; 08-26-2008 at 04:55 PM.
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