Jermaine McGruder – The Strat Trade Checklist
What are we really doing with the Strat?
We are very decisive in the trades we take. We don’t just take every reversal on the screen. We want to ask ourselves very specific questions before we take the trade. Once all the criteria is met, we take the trade with confidence that this is a high probability trade.
Prepare
- In this section we go over the necessary questions that must be answered before you take the trade. This can be on the weekend before the market opens, or done swiftly during the trading day.
How much time do we have on this trade?
- Most traders don’t know how much time they have. Most don’t even consider time as a factor in the trade. After this section you will think about time differently.
Where are we in the broadening formation?
- You have to know if you are going into new highs or new lows. This course is full of fun video on how to master this trade checklist.
What You’ll Learn In The Strat Trade Checklist?
Introduction
- What are we doing in the Strat?
Prepare
- Before you take any trade.
- Who is the most aggressive participation group?
- The 3 Major Timeframes
- Opening Price
- Where are we in the Broadening formation?
How much time do I have on this?
- How much time do I have on this?
- Time
- The 4 C’s
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