stuck on my trade setup

[jstra]

Hi,
i am in the processes of building my trading plan and finding it really processes to find a easy to trade, easy to explain and easy to stick to trade set up for a ver new trader. i was hoping someone could point me in the right direction and give me some ideas.
i have attached a copy of the instructions so you can see what im talking about.

Thank you

J

 

[EnlightenedJoe]

I'd just ask the instructor of your instructions to call out a trade. Then you can see how it's done by someone who knows what he's doing.

How much did the course cost you ? I'd get my money's worth by asking the instructor.

 

[jstra]

Think you might be right Joe im really really stuck on it. been trying to find one for the last 2 days

 

[dbphoenix]

Hi,
i am in the processes of building my trading plan and finding it really processes to find a easy to trade, easy to explain and easy to stick to trade set up for a ver new trader. i was hoping someone could point me in the right direction and give me some ideas.
i have attached a copy of the instructions so you can see what im talking about.

Thank you

J

None of this will do you any good until you define your terms (what is "major", what is "significant", what is "trend"). If you don't know exactly what to look for -- and have done the testing to determine whether or not it's worth looking for in the first place -- then you won't have the confidence to take the trade if and when one of these ill-defined "setups" occurs. Or you'll take it and very likely regret having done so.

In order to trade confidently, you must know EXACTLY what it is you're looking for. And, again, whether or not it's worth looking for will depend on the results of your testing. If you haven't done any testing, then you need to back up and begin again.

 

[Quantt]

Hi,
i am in the processes of building my trading plan and finding it really processes to find a easy to trade, easy to explain and easy to stick to trade set up for a ver new trader. i was hoping someone could point me in the right direction and give me some ideas.
i have attached a copy of the instructions so you can see what im talking about.

Thank you

J

Hi, unfortunately those instructions are too vague, that's why you are struggling with your trading plan...

 

[mpups]

..i am in the processes of building my trading plan and finding it really difficult to find a easy to trade, easy to explain and easy to stick to trade set up..................

Hi jstra, welcome to trading!!

it was interesting to see some LAT course material

have you taken any trades yet?