When to quit a trading system? | Traders Improved (#168)

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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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.