Most developing traders struggle to do this and they don’t know how badly it is impacting their profitability.
What am I talking about?
A pre-trade checklist.
When working with a new client, one of the easiest and fastest ways to improve their trading is to get them using a pre-trade checklist.
In this one on one session, I’m chatting with a client about the concept of a pre-trade checklist, and how much his trading will improve if he can stick to it.
Developing traders usually aren’t aware of how many subpar trade setups they are taking until they start to really filter the ideas through a checklist.
By cutting down on the subpar ideas, you can improve your profitability in a big way.
Less is more. Focus on A+ setups. Try this for two weeks and let me know how it goes 🤝
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