building a plan

Discussion in 'Strategy Building' started by jacobnbr1, Nov 13, 2005.

  1. Cheese

    Cheese

    This reminds me of that old much loved mantra for salesmen.
    'You didn't plan to fail; you just failed to plan'.
    :)
     
    #11     Nov 13, 2005
  2. jacobnbr1

    jacobnbr1

    i normally trade stocks. i was thinking it might be easier to trade index or sp, naz
     
    #12     Nov 13, 2005
  3. jacobnbr1

    jacobnbr1

    where do i pull up ym at? i have never looked at futures before, and what is ym?
     
    #13     Nov 13, 2005
  4. balda

    balda

    Trade 50 shares of QQQQ do not worry about commissions, trade on daily or 60 min chart, record every trade, make notes why you made trade (either opened or closed position). With 50 shares you will limit your loss and will trade live and will have track record you can look back on. Than try to improve you entries and exits. After you master yourself either increase size or lower time frame.
     
    #14     Nov 13, 2005