Get More Systematic

Many traders know they need to become more systematic, but don’t know where to begin.

Depending on where you’re starting, getting to full automation can be daunting and scary.

Try this simple thought exercise.

Think about your trading day.

Think about all the actions you take from the opening bell to the close.

Now consider every action you take as a failure of your trading process.

When you look at it in this light, everything you do becomes an opportunity to improve.

Are you scanning through dozens of charts to find your setup to trade? How can you cut that in half?

Are you making discretionary decisions during the trading day? How can you plan ahead to make those decisions ahead of time?

Are you doing math in your head to determine your position size? How can you eliminate that step entirely?

Treating everything as a “failure” can help you focus on your trading process.

And improving your process pays off forever.