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When to quit a trading strategy checklist:
1. Make sure you didn't break your rules for the last 50 trades.
2. Have trading rules for all parts of your trading strategy
- Entries
- Stops
- Timeframe usage
- Targets and exits
- Trade Management
3. Make sure you adhere to sound risk management principles
4. Journal every single trade
5. Review weekly and make targeted adjustments
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My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks:
► https://tradeciety.com/academy
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Edgewonk trading journal:
► https://www.edgewonk.com *** use discount code: tradeciety ***
################
► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/
Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.
Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.
By Edgewonk / Rolf Schlotmann/ Quantum Trade Solutions GmbH4.8
2727 ratings
When to quit a trading strategy checklist:
1. Make sure you didn't break your rules for the last 50 trades.
2. Have trading rules for all parts of your trading strategy
- Entries
- Stops
- Timeframe usage
- Targets and exits
- Trade Management
3. Make sure you adhere to sound risk management principles
4. Journal every single trade
5. Review weekly and make targeted adjustments
################
My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks:
► https://tradeciety.com/academy
################
Edgewonk trading journal:
► https://www.edgewonk.com *** use discount code: tradeciety ***
################
► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/
Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.
Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.

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