There are other charting platforms, such as TradingView, that have Replay Mode where you can relive and break down the trade step by step, right down to the minute. 

At Safety in the Market we suggest keeping a record of your trades, something like a ‘Score Card’ where you can record your net profits and net losses. 

That way you can keep track of your improvements as a trader month by month. 

David Bowden, the Founder here at Safety in the Market says “Few will argue that the check book indicator is the strongest indicator – far better than any theories.”

Here at Safety in the Market, we strongly suggest to all of our students that they also have a Trading Plan.

Many of our students who are already trading when they come to us, can be reluctant at first to incorporate a Trading Plan into their routine, but once they embrace the idea and start to use our Trading Plan they realise the value of one.  

If you’re sick of not getting the results you want from your trading then maybe you need  a Trading Plan too?

We’ve just put together a new free short course that we’ve named the Trading Plan Tune Up and it might be perfect for you?

The Trading Plan Tune Up has been created based on the underlying principles we teach here at Safety in the Market.

Broken down into bite sized modules, in this three-hour free online introductory course, here’s what you’ll learn:

• Why it’s so important to have a Trading Plan and how it will give you the focus, clarity and confidence you need to be able to escalate your trading returns
• We will guide you through the steps to develop your own effective Trading Plan and you’ll be privy to the exact Trading Plan our students use
• You’ll learn why the Reward to Risk Ratio of your trades is so important, how to calculate it and how to use it to give you the exact entry and exit points of your trades
• You’ll learn how our students aim for, and achieve 10 to 1 or greater returns on their trades – safely, while using the market’s money and protecting their capital

As an extra bonus,

• We will introduce you to the basics of Price Forecasting (yes it is possible!)

By the end of this thought-provoking training you will have your own tangible Trading Plan that you can action immediately and you will know how much to risk on a trade, and how to protect yourself should things go wrong. 

Our students find that having a Trading Plan in place in their trading routines also helps to highlight some areas that they need to work on and improve. Maybe they needed to work on getting tighter entries into the market, or maybe they needed to manage their risk better. 

Another quote from Scott Adams, the cartoonist behind the Dilbert comic strip, reads: 

“I’m pretty good at drawing, but not the best. I’m pretty good at writing, but not the best. I’m pretty funny, but not the best, and I’m pretty good at business, but not the best. But I’m probably the best at the combination.”

That’s really all there is to being a successful trader too – finding the right combination and having it all working together, and that’s exactly what we do here at Safety in the Market. 

If you think you’re ready for a Trading Plan Tune Up, click the button below and request your free copy.