≈ Build your system and trading plan ≈

If you properly develop your skills and systems, you can treat trading as business.  Are you there yet?

Here are a few things to consider. 

• You should build a business plan for your trading. 
• You should develop a system for how you use your capital to engage the markets. 
• You should develop a power team of people who will help you execute your trading plan.

To develop this, you need to pay the price.  Develop the right attitude, put in the time and invest you money to do so.  As your skills evolve, you will move from basic methods to better methods that you use to trade with.

Build a method on how to assess fundamentals, build a method on how to identify chart support, resistance, patterns and entry points.  Then you will evolve to options and more advanced spreads.  There is a system for your training and education.

Here’s the challenge of the day, what action ideas can you identify to help you move your business forward?  Write them down and prioritize them.

Action Idea 1:

Action Idea 2:

Action Idea 3:

The best way forward is with a detailed plan.  Take the time to develop yours.

Video of the Day

Chart of the Day

Six Keys

Good systems have 6 keys.  An Edge, Being Teachable, Repeatable, Survival, Money Management and You.  To build your system you should consider taking the System Development 101 Course: https://tackletrading.com/course/system-development-101/

Today’s line up

Traders Lounge 11 AM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

The Coaches Show Replay

If you missed last night’s episode where the great Keith King had his second session on trading futures, catch the replay here.

Cash Flow Condors Mastermind Group 8:30 pm EST

Owners of our premium system The Bear Market Survival Guide are invited to attend. System architect, Tyler Craig, will be showing how to apply the principles taught in the course. You will find the recordings to previous meetings below.

Halftime Report 12:30 PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.

Financial freedom is a journey

The Tackle Today series is brought to you by Tackle Trading.

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