Nothing Works, Either The Trader Works or Doesn't Work

This post is a trade plan of IOT. Making a consistent trade plan helps to structure ourselves as traders. This give us some control in the ever-changing uncontrollable environment of markets. At first, it may seem tedious to do all this work, but that is only because our mind resists any kind of structure. The title of this post is saying to quit chasing after the perfect method and spend some time setting our own foundations.

Implementing a focused consistent method is like a framework that you can learn from and even design new methods from within that framework. The key is the focus and consistently in what we do.

In the video, I also talk about the components and process of a swing and how I use them to design my methods. Don't think in terms of technical analysis, think about it in terms of structuring simple buyers and sellers to see who is in control at any given time.

The end of the video gets cut off a bit because i tend to babble too much and run out of time but there will be more as I go through the 30 trades exercise.

Shane

Trade active:

Entered long according to plan, now just follow the rest of the plan. Either get stopped at 31.58 or move profit stop when 3R is reached.

Trade closed: stop reached:

Trade stopped out according to plan.