A Traders daily plan 1

as promised in my last post I will present a step by step tutorial about trading principles to help each participant in this community to pick better entry and exit points for their crypto currency exchanges or as a matter of fact any participation in markets of any kind.

The first segment will be a presentation called "A Traders daily plan" it represents the parts necessary for a complete transaction

I will be going through each segment in detail

first you want to be watching the day prior to your evaluation of a possible transaction where the market is trading and follow a plan that you have established-it is important to keep the emotional side as small as possible which is achieved in clear planing and executing that plan and not be driven by high fluctuations of the market in real time that might evoke reactions that are intuitive -Since the market is based on counter intuitive behavior your gut instinct actions are most of the time wrong.

Establish a time horizon-meaning be clear about if you want to f.e. buy some steem with the intent to sell it for a profit within the next 3 months or rather the next three years- in short formulate a detailed plan of your objectives.

here are some details of a professional setup of a trader in the pic above-since i want to nourish beginners just as well as professionals simply feel free to ask questions about the mentioned examples and i gladly will answer those as best as i can

Things will be come more obvious throughout time of my posts and all aspects will be addressed

in short on the day before considering execution it is imperative to have the main components with a plan aligned-so you are aware what time frame you are trading,what instrument you are trading,you are checking that all your hardware is fully functional and all your software is working properly

and you have a detailed awareness of what criteria you are using with what kind of a tool set to be prepared to act upon the market conditions if those match your preset expectations

all newbies do not be overwhelmed this might seem like a handful at the beginning but the devil is in the details so this will all be explained thoroughly and advanced traders also do not worry this might seem rudimentary to you but there will be quite some advanced principle presentations that you might find worth your time since i have been doing this for over 25 exclusively.

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