Monday, April 11, 2016

The Essential Tools I Use to Run My System


Finviz.com: Idea generation based on price trends
Barchart.com: Determine and track initial stops/trailing stops.  
Apple’s Stock Application: Stock ticker 
Evernote: Trade planning
GoogleSheets: Spreadsheet 1: Monitor individual trade open risk and aggregate maximum drawdown. Spreadsheet 2: Track system performance on completed trades(individual trade results, aggregate results).
Scottrade: Broker

The tools are useless without a trading philosophy. Ultimately, I buy strength, sell weakness, let my winners run, and cut my losers short.

The tools are a means of staying organized and disciplined.

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