I started reading the Project Seed
Batch Eternus mini-book that was given last ZFT rift weekend. The booklet deep dives on the mind and on the
experience of the ZFT members who completed their 3-month training. To succeed in trading, it has been advised
that I will need to focus and make a solid habit on the three key areas below:
Back Testing
They say back testing may take hours to
complete. I think back testing is
synonymous to dissection of trades. It
allows you to pinpoint indicators of could have been and should have been trade
setups. Probably it can also define the
DNA of the stock
Paper Trading
Paper trading builds your muscle before
you play in the market battlefield. You
simulate your trade setups and exercise execution of you trading plans. Building confidence in executing trades is
key to profitable gaming.
Journaling
Journaling allows you to assess and
reflect your trades down to the deepest level from the planning stage,
execution stage up to the selling stage.
You are building a historical data of yourself which will aid you in
your future trade plans and execution
In this early stage of my pursuit in
trading, I really did not have hands-on experience on the three key areas
above. I am yet to find out so good luck
to me.
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