Absolutely and last weekend I broke down all indices and sectors
- the magnificent 7 impacts on the indices and specific sectors.
Keep it simple higher highs and higher lows remain but what
some fail to mention are all the gyrations in between that we have
profited on immensely (at least those who have a PLAN did).
Most recently it was the broadening pattern that contained price
for nearly 2 months. Again - start focusing on YOUR PLAN
instead of relying upon prognostications. Stop being lazy -
your performance will only improve once you put in the effort and
establish a proper plan.
Hi Steve, You mention "Follow your plan" quite often.
Could you please outline what a swing trader's plan might
look like - for those of us who don't day trade nor know how to
properly create a plan?
Start out by reading the above sticky (Top Down Approach and
click on the Title Link ) and using the Search Function for some
past references. Also many of the ideas here are NOT just for
day traders - take time to review many of the past setups
(especially longer term base plays).
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Absolutely and last weekend I
Hey guys, I try to keep up with all the ...
Posted by steve on 2nd of Jun 2023 at 12:10 pm
Absolutely and last weekend I broke down all indices and sectors - the magnificent 7 impacts on the indices and specific sectors. Keep it simple higher highs and higher lows remain but what some fail to mention are all the gyrations in between that we have profited on immensely (at least those who have a PLAN did). Most recently it was the broadening pattern that contained price for nearly 2 months. Again - start focusing on YOUR PLAN instead of relying upon prognostications. Stop being lazy - your performance will only improve once you put in the effort and establish a proper plan.
Hi Steve, You mention "Follow
Posted by mrbass77 on 2nd of Jun 2023 at 01:17 pm
Hi Steve, You mention "Follow your plan" quite often. Could you please outline what a swing trader's plan might look like - for those of us who don't day trade nor know how to properly create a plan?
Start out by reading the
Posted by steve on 2nd of Jun 2023 at 01:20 pm
Start out by reading the above sticky (Top Down Approach and click on the Title Link ) and using the Search Function for some past references. Also many of the ideas here are NOT just for day traders - take time to review many of the past setups (especially longer term base plays).