How To Create A Trading Plan Vs. Trading Strategy - Step by Step

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  • Опубліковано 30 січ 2025

КОМЕНТАРІ • 62

  • @brendanquinn6894
    @brendanquinn6894 2 роки тому

    Great job Markus.

  • @tangimatauwhati4666
    @tangimatauwhati4666 3 роки тому +1

    Very educational for beginners

  • @juandelgadoparra
    @juandelgadoparra 4 роки тому +1

    Excellent video, very clear an easy to understand. Kudos

  • @markallen557
    @markallen557 3 роки тому

    Excellent presentation! Subscribed

  • @guestleather9442
    @guestleather9442 5 років тому

    trade what you see and not what you think ,this goood to learn from you thanks Markus

  • @c43doc
    @c43doc 4 роки тому

    Hi Markus, around 5m when explaining the ATR movements the 3 different time frame charts are in the wrong order causing mild confusion as to how you’ve arrived at the average daily range and stop loss placement. Really liking the simplicity of your main strategy and how much alpha you’re giving back. Genuinely hope people learning to trade recognise how rare this is. Please accept my gratitude and keep up the excellent work. May you be blessed abundantly with good karma! 👍🏼

  • @lagonlez
    @lagonlez 5 років тому +1

    Hi Markus. Good advise for my 2020 success plan. Thanks for sharing this tips to us. !!

  • @stevenm.7212
    @stevenm.7212 5 років тому +1

    This is very good! I would be interested on you covering the "Fixed ratio money management approach". I am not familiar with that approach and would like to learn more about it. Thank you!

  • @cristianooppo1230
    @cristianooppo1230 4 роки тому

    Very helpful, thank you.

    • @rockwelltradingservices
      @rockwelltradingservices  4 роки тому +1

      Hi Cristiano, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍

  • @supitchayac.717
    @supitchayac.717 3 роки тому +1

    One question, where can I see the average move per time frame?
    Thank you so much. I like your channel, it is very easy to understand and fun to listen.

  • @kclaiborn6257
    @kclaiborn6257 4 роки тому +2

    Really great explanations :)

  • @cliff8338
    @cliff8338 3 роки тому

    I would like to buy one of your trading books! Do you have any more?

    • @rockwelltradingservices
      @rockwelltradingservices  3 роки тому

      Hi Cliff. You can still order them. Here is for The Wheel Stratetgy - www.rockwelltrading.com/the-wheel-options-strategy-book/
      Here is for the PowerX Strategy Book - www.rockwelltrading.com/free/powerx-strategy-book/
      Let me know if you got them! 😉

  • @Stephenwongdirectimaging
    @Stephenwongdirectimaging 4 роки тому

    Great detail

  • @ahooraahoorai5344
    @ahooraahoorai5344 4 роки тому +1

    fantastic

  • @Rockingthe80s
    @Rockingthe80s 5 років тому

    Awesome job Sir.

  • @mikepal1839
    @mikepal1839 4 роки тому

    hi markus like you videos i am new to trade binary options i trade the 5 minute binary option on nadex do you have to have a trading plan to trade the 5 minute binary options would like to hear from you thank you hope to hear from you

    • @rockwelltradingservices
      @rockwelltradingservices  4 роки тому

      Hi Mike, check out this playlist on trading Binary Options: ua-cam.com/play/PLBa3sAx-Io2kTRfuI2Ap9PhKFrwd7pJIs.html
      Let me know if this helps 👍

    • @joanamartinez2117
      @joanamartinez2117 4 роки тому

      Trading forex is very profitable but its not as easy as it seems, you need the right knowledge and information to succeed. I used to loose more than I gained whenever I traded, it was hell for me but I didn't give up. I was so tired of losing on the market and not making any profit, l had to research and luckily i met an expert trader like Mr Markus. He helped me recover up to 5 times what i lost as a novice, i still trade with his signals up till today
      You can reach him on what's App
      ➕1⃣8⃣5⃣8⃣3⃣6⃣0⃣4⃣7⃣5⃣8⃣

  • @100foldreturn1
    @100foldreturn1 5 років тому +1

    I don't know if you know who Mark Douglas is. He teaches on the psychology side of trading. He's also written a couple of books. He mentioned an idea when taking profits to taking a third of your profits off the table when you are a third of the way to your profit target. Take another third when you are two thirds to your profit target and letting the other third run as long as it's moving in your favor. This way you can at least capture some profits in case the trade suddenly turns against you. Sounds like a pretty good strategy. What do you think of this idea?

    • @rockwelltradingservices
      @rockwelltradingservices  5 років тому

      I think that is great. There are a lot of great strateg out there. Just make sure that you focus on the one that works for you.

    • @digiexploration530
      @digiexploration530 4 роки тому

      Hey Ron, I am developing my first TS. And I already have the 3 thirds plank it it :)

  • @fpaknia
    @fpaknia 5 років тому +1

    Thank you for advices

  • @100foldreturn1
    @100foldreturn1 5 років тому

    My current stop loss is set at 7% on every trade and my profit target is 15% or 1:2 ratio. Do you think setting a stop loss at 5% and keeping my profit target at 15% is a good strategy? That would give me a 1:3 ratio. Not sure if a 5% stop loss would be too tight. I would love to hear your thoughts. Thanks!

    • @rockwelltradingservices
      @rockwelltradingservices  5 років тому +1

      It's really hard to say. Exits should always be based on your entry rules. A 1:2 ratio (or better is ideal). But a 1:3 (or higher) might not be realistic for your set up...you'll need to do some testing to determine if it is. ;)

    • @100foldreturn1
      @100foldreturn1 5 років тому

      @@rockwelltradingservices Okay Thanks!

  • @dungdungpolo
    @dungdungpolo 4 роки тому

    Great content. I would suggest that on your future videos to remove bell sounds everytime you make important points. The bell sounds is very high pitched so it hurt the ears. Important thing is not to change the bell sfx with a popping sound, which is also jarring to the ears.

    • @rockwelltradingservices
      @rockwelltradingservices  4 роки тому

      Hi dungdungpolo, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍

  • @PandorasBox2
    @PandorasBox2 5 років тому +1

    thanks Markus as always Superb Subject thank you :)

  • @dennisameen659
    @dennisameen659 4 роки тому +1

    Your videos are great but please take the sound away when the number pops up the sound of the bell hurts the ears it's it's so much high.

    • @rockwelltradingservices
      @rockwelltradingservices  4 роки тому +1

      Hi Dennis, thanks for the feedback. I'll let my video editor know 👍

    • @dennisameen659
      @dennisameen659 4 роки тому

      @@rockwelltradingservices thanks keep going great work

  • @KINGKENYA1
    @KINGKENYA1 4 роки тому

    Hi Markus, I'm a new subscriber and love your content. But in my opinion, the bell sound is overused and too loud. While I want to watch all your content, the overuse and volume of sound effects may dissuade me from doing so. If you would consider lowering both quantity and volume of sound effects for future videos it would be much appreciated. Other than that, thank you for the high-quality content. Best, K.

  • @mrpank34
    @mrpank34 5 років тому

    Yes 👍

  • @msam.sharif3005
    @msam.sharif3005 4 роки тому

    How can i Practice trading on Nadex for free now

  • @murathankarazl5726
    @murathankarazl5726 5 років тому

    Hi Markus, thank you so much. I learn a lot from your videos. I have just a request from you. I cannot understand clearly which timeframe to use i.e a swing trader or day trader. I vannot understand correctly the logical behing. I would appreciate if you make a video about this subject. Thanks again... Murathan

    • @rockwelltradingservices
      @rockwelltradingservices  5 років тому

      Hi Murathan I already have a video for that here is the link ua-cam.com/video/zjOubJK60Pw/v-deo.html

  • @Aliancey
    @Aliancey 4 роки тому

    You have got your charts missed up. Your 5 minute chart is actually a daily or weekly chart, your weekly chart is a daily chart. Basic mistakes you wouldn't expect from a professional trader.

  • @RosaGonzalez-cb2fm
    @RosaGonzalez-cb2fm 4 роки тому

    Hey