How To Trade Your Plan & Recognize When It Needs To Change
The main difference between a good trader and a bad one is their ability to execute their trading plan & adapt to changes in the environment.
On this week’s Ninja Trader Charting Edge, we touch on the E-mini S&P 500 and whether I think it’s bullish, bearish, or looking like we’re going to consolidate.
Following through with your plan, can’t emphasize this enough. I’ll show how I followed my plan on Ethereum, also when & why I decided to change my execution of that plan.
Then we’ll go over a tweet and today’s leading topic with an example from the S&P 500 chart. After, I’ll show something I don’t talk a lot about. When to re-enter a trade and what I look for to make that decision, also how our main topic applies to that.
To finish off, I’ll share my final thoughts with you guys with a popular tweet between the community, how you need to approach trading with a positive energy.
Develop Your Edge is a weekly talk show hosted by 22-year futures veteran and CME member Anthony Crudele, an ex-pit trader and one of the first to trade the E-Mini S&P. Past performance is not indicative of future results. Neither Anthony Crudele nor his guest’s guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this website or on the show. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this website or on the show may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this website or on the show. Before acting on information on this website or on the show, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.