Without breaking your rules or changing any variables.
Until you can follow your rules for 20 consecutive trades.
If you break any of your trading rules or change any variables
Upon successful completion of 20 trades in which you follow your rules/trading plan
Do not worry about your profit and loss (P&L) until the end of 20 consecutive trades.
Once you have completed 20 consecutive trades following your trading plan
Continue to increase your position size at the completion of 20 consecutive trades in which you follow your rules/trading plan.
Upon successful completion of trading 9 SPY contracts
Continue increasing your position size on SPX as long as you can follow your trading plan/rules/process
The time it takes to get to the next levels is insignificant.
The amount of money you make is insignificant. The only thing that matters is following your trading plan/rules/process. This is non-negotiable
Keep track of your trades using a diary and journal
The diary will allow you to write down your trading thoughts in long form
The journal will allow you to review the measurable aspects of trading
The only thing that matters is execution
In order to become a successful long-term trader
Copyright © 2024 920 Trading - All Rights Reserved.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.