The F2G Trading System Checklist
Disclaimer: I'm now a registered representative with Series 7 and 63 qualifications. What I'm about to discuss is NOT ADVICE just what I believe and how I trade. This blog is for information and trading journal purposes only. Continued reading of this and ANY of my posts constitutes your acknowledgement of and adherence to this disclaimer. Thanks for your understanding. The F2G Trading System Checklist: 1. Frequently update sup/res on all timeframes to better characterize the current price action 2. Plan your trade, trade the plan 3. Form trade thesis (HTF sup/res/chart pattern most important) 4. Set high probability entry based on HTF sup/res/chart pattern, LTF, or when something is wrong with the price action eg. market can't quite reach sup/res (remember HTF sup/res/chart pattern are always more important than LTF) 5. Set stop at the price that proves the trade thesis is wrong (risk management, consider reversing trade) 6. Set high probability profit targe...