Almost a Complete Strategy in Itself

1. ial trade opportunity along this path.
2. Step forward in time to assess your decisions and expectations.

See the prior article if you missed this – Trader Performance Drills – Part Three.

So how has this played out so far?

With sixteen drill timings so far, I’m not going to cover each one. What I will do here is highlight just THREE opportunities that come from the 10:30 timeslot, which alone could have provided sufficient profit to cover ALL other trades, even if you lost every other one (and I would hope you wouldn’t do that).

10:30am Friday 26th August:

10:30am Monday 29th August:

10:30am Tuesday 30th August:

Yes, this is hindsight based. But that was the point of the exercise – a hindsight-based post-session practice with the aim of skill development.

And no, it won’t always be this easy.

But I think it offers an interesting option for traders who struggle with over-trading.

A way to limit yourself to four opportunities per day. Twenty per week.

Or perhaps a good starter strategy for developing traders. No need to “know what the market is doing at all times”. Just four times a day, with structure having already developed. Assess the environment and project forward (as discussed in our strategy rules). And then if subsequent movement confirms the projection, take your trade.

Four opportunities per day. Twenty per week.

Trade for the week -> Review your stats and analyse the trades -> Find improvements -> And repeat.

Happy trading,

Lance Beggs