This is a trader question from the Fibonacci Trading Forum.

Kosta says:
What part of your trading do I need to improve?
Clearly defined rules of a strategy (not a mechanical though…)
proper mindset and flexibility in analysis.

Neal responds:

This is achievable, but requires a little discipline. You can either stop trading, document your strategy, then trade your plan, or you can document your plan according to your existing trades. Every time you make a trade, document the setup, the rules, the strategy. After the trade, make any edits to refine the strategy.

You’ll need to expand beyond your trade setups for a complete trading plan, but the strategy above will get you started.

It will take some time, then you will have clearly defined your strategy, Start today!

-Neal (FOREX Fibonacci Trading)

Filed under: 05. Determine Trade Setups • 2. How To Create A Trading Plan

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