Showing posts with label achieving trading goal. Show all posts
Showing posts with label achieving trading goal. Show all posts

Sunday, November 22, 2015

How to achieve trading goal as a beginner?


Hi

I have created the above template for friend who starting to learn to trade.

The above is based on 5% returns per trade, 3 or more successful trades per month to achieve this amount.. Can be contra trading or short term swing trade…

 It can be achieved… This table sets the stage for an individual to do his/her homework every day for 30mins, scan the market, pick any stock that can generate the amount required for the month. At the same time, It also caution trader not to lose too much capital so that he/she can catch up

Later in the next trade….
 
How to achieve the goal?
 
Equip yourself with a market scanner that picks up stock that about to trend or already trending. It can be long or short order, no of lots to buy base on position sizing tool from my website.

Perform risk management by estimating the cut loss level, profit level, entry level and exit level.

Stay confident with the trade unit it shows weakness and exit immediately.

Stay focus on the monthly goal… Do anything to get it done, no excuses…just do it