Chapter 11 Major Learning Points
In this chapter we’ve learned how to start to structure our trading decisions in terms of a proper business process, outlining our rationale for selecting and ultimately trading or not trading different stocks.
If you start to think about trading in terms of a business process, you’ll be able to take a structured approach, which will enable you to outline all the factors and criteria that are pertinent to your ultimate decision.
Discretionary trading plans are very personal. This is why you need to put your own personal stamp on it. One man’s meat is another man’s poison, but the most important rule is: Keep it simple. Too many traders spend all their time experimenting with thousands of analytical tools, never ...
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