My Trade-Ideas Scans

Everybody wants the trading "cheat code" - the holy grail trading strategy that works now and forever.

While there is no holy grail, there IS a cheat code - it's just not what you expect.

The secret to trading is simple: just stay with it longer than everyone else!

What's the most valuable thing you can do each day - as part of your process - to make trading success inevitable?

For me, the answer is easy: my daily review.

My trading would fall apart if I didn't do it.

Every day after the closing bell, I do my review.

It's the one non-negotiable part of my day that I block out.

Nobody can schedule meetings with me during this time.

It's sacrosanct.

What do I do?

Two things, both vitally important:

Review the trades my strategies took
Scan for the unusual events in the market I could potentially create a strategy based on

Unusual events are what you can create profitable strategies from.

So you want to put yourself in a position to notice them on a regular basis.

I have a handful of Trade-Ideas scans that show me the interesting moves.

I look through each chart and decide whether I have coverage for a move like that in my existing strategies.

If I don't, I brainstorm what type of strategy I'd need to capture it profitably.

Then I add it to my list of ideas to backtest.

If you're interested in the scans I use for this review, you can download them here for free:

If you use Trade-Ideas, I'd love for you to kick the tires and let me know what you think.

-Dave

My Trade-Ideas Scans - For Free