Short Term Trading Weekend Lounge: 29 Apr to 1 MAy, page-38

  1. 1,050 Posts.
    With respect to the trading plans people, I obviously can't speak for anyone else, but I was hoping to get more concrete ideas of specifically what conditions / ideas / rules get set down in people's trading plans. More so than the ideas behind strategy.

    For instance, without knowing exactly, I would think something like...........

    If a trade I'm in makes 25%, liquidate % of holding

    ....... or however it goes

    I know Freehold has his pilot buy rule, etc.

    I'm trying to understand how to make generally fixed rules to follow and keep the emotion out of it.
 
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