“My plan is to sit on my hands until I see the best trade setups…”

Feedback in:

Hey Mike,

My plan is to sit on my hands until I see the best trade setups. It’s the time between the best trade signals that I struggle with. I’m a member of this group which really helps with identifying the trends.

You don’t identify trends. You need:

• Exact rules for selecting your tracking portfolio.
• Exact rules for entering your trades at the right time.
• Exact rules for exiting your trades with a loss.
• Exact rules for exiting your trades with a profit.
• Exact rules for how much money to bet on each trade.

Do I sound like a broken record? Yes.

Filed under Trend Following