Nison Expert Level Web Class Exclusively for Owners of ... · Nison Expert Level Web Class...

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Transcript of Nison Expert Level Web Class Exclusively for Owners of ... · Nison Expert Level Web Class...

Nison Expert LevelWeb Class

Exclusively for Owners ofNison 4 Volume Mega

Package and CandlesticksRe-Ignited

Topic: Trading Journal

www.nisonu.com

Trading Journal

Find a watch list of markets

Trading Journal

Find a watch list ofmarkets

Entry Price Risk Initial Target- and

how did you get it Number of shares

or contracts Option- Print out or

screen capture thechart with yournotes, arrows, etcon it

Exit price and reasons for exit If protected stop hit, was it properly

placed? If a winner, could you have let profits run

better? Was your initial analysis correct? i.e., did you

misread any candle signals or Westernindicators? Or how to use them?

Did news come out during the trade, andshould you have known this before?

Did you use precepts of trade managementlike adapting to the market, risk/reward, etc?

What would you have done differently ? Option: Print out or screen capture chart with

your notes, arrows, etc on it

Goal: Keeping emotionsout of your trading

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Journal - 1

Reasons for the trade Entry Price Risk Initial Target

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Journal -2

What would you herenow if in the trade andwhy?

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Journal -3

What would you here now ifin the trade and why?

Exit price Why did you exit Print out (or cut

and paste) chart –did you followyour plan?

Did you missanything?

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Journal - 4

If you exited here

Setting up the Trade

Find a watch listof markets

Reasons for thepotential trade

Cautions Risk Target

Exiting the Trade

sold

Covered at supportbefore weekend

www.nisonu.com

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