WallStreetWarriors.com, LLC - Because Every Trade Is A Different Battle!



Wednesday, September 8
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To become successful, each and every trader must know what he will do the following day. It is important and suggested that you prepare for your trading day, the day before you actually trade. Not planning the day ahead is more like gambling, if you want to gamle, go to Vegas with the kind of money you will lose in the market you would atleast get comped ~ you won't get that from the markets! Planning ahead will insure that you are not disturbed by the comotion that occurs during the morning, before the opening bell. This will also prevent you from acting emotional, an eternal killer of many traders. The trading plan must include entry as well as exit positions (if the trade goes against you). It is also highly recommended that you keep a journal of your trading activities so that you can fix any problems that you may encounter during your trading career. You may use the following template to help you in your trading decisions that could be used to help maintain a journal. Fill out the information, submit it, print it out, and most important of all STICK TO IT!

Failure to Plan will certainly Result in Failure - For this is WAR, a Prepared Warrior can WIN and the unprepared will be knocked out of the game!

If you have not done so already, please take time now to set your overall trading plan! Go to the Overall Trading Plan section of our web-site and get your priorities in order, before you make any trade!

Fill out the following information on each and every trade that you anticipate to make tomorrow. Submit the information, print it out, and use it as a guide for you in tomorrow's battlefield!

Symbol ActionStrategyPosition Size

EntryExit(This is a protective stop, in the event the stock goes against you - use it!)

 

Symbol ActionStrategyPosition Size

EntryExit(This is a protective stop, in the event the stock goes against you - use it!)

 

Symbol ActionStrategyPosition Size

EntryExit(This is a protective stop, in the event the stock goes against you - use it!)

 

Symbol ActionStrategyPosition Size

EntryExit(This is a protective stop, in the event the stock goes against you - use it!)

 

Symbol ActionStrategyPosition Size

EntryExit(This is a protective stop, in the event the stock goes against you - use it!)

 

ALWAYS USE TRAILING STOPS!
Good Luck and Happy Trading!
WallStreetWarriors.com



Disclaimer: Short-term and day-trading is very risky. Past performance is in no way indicative of future results. WallStreetWarriors.com assumes no responsibility for your trading results. All the information provided is for educational purposes only and should not be construed as investment advice. The opinions and research provided within these pages are based on historical data and are deemed reliable.

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