Description of Create Your Own Stock Trading System
Learn to develop your own stock trading system
Get insight into creating a trading system that keeps you consistent and profitable. Go through exercises so that you can create your strategy system. Be consistent by planning every trade!
What will you learn in Create Your Own Stock Trading System?
Video 1: System Basics
In this first video you will get an insight into trading systems, what they are, and the importance behind trading systems. Many people focus on trading rules which are there to manage you whereas a trading system is to your method to making consistent returns on the market. In this video you will learn:
- The 6 risks in the stock market and what to watch out for
- How to figure out your risk tolerance
- The difference between stock trading rules and a system and why you need both!
- My personal techniques and wisdom on money management while trading.
- How to properly scale in and scale out of positions
- How you can calculate your percent risk, trade size, and risk ruin.
Video 2: Creating Your Own System
In the second video we will cover the benefits behind a system, basics of system creation, different issues you can encounter, and how to properly create your own system. In this video you will learn:
- How systems can eliminate your emotions and decision making process
- What problems may arise and what to watch out for when you create your system
- The two types of systems that you can create
- The 3 parts of creating a system that’s right for you
- How to properly calculate your trade size on every trade
- How you can calculate your risk on a per-trade basis
- Tips on dealing with trading losses
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