Monday, March 29, 2010
Friday, March 26, 2010
Trading as a Business
Just like in any other business, trading must be treated like a business. Be it stock trading or any other form of financial trading instruments.
A business plan must be developed in other to ensure success in this arena.
Sample outline would look like the followings;
1. Executive Summary
2. Business Descriptions - Mission,Products,Operations & Organizations
3. Industry & Competition
4. Trading Plan
5. Financial Plan - Budget,CashFlow,P&L and Balance Sheet.
From here, one can indirectly implant an internal desire for whatever it is one tries to achieve.
A business plan must be developed in other to ensure success in this arena.
Sample outline would look like the followings;
1. Executive Summary
2. Business Descriptions - Mission,Products,Operations & Organizations
3. Industry & Competition
4. Trading Plan
5. Financial Plan - Budget,CashFlow,P&L and Balance Sheet.
From here, one can indirectly implant an internal desire for whatever it is one tries to achieve.
Cup & Handle / Fibonacci
Thursday Trades ;
$V up $1.6 for the day
You bought to open 2 Contract(s) of V Apr 17 2010 95. Call at $0.40 on 03/25/2010. 9:41
You sold to close 2 Contract(s) of V Apr 17 2010 95. Call at $0.76 on 03/25/2010. 11:38
Screen for Friday
CTRP moves 40.59 buy point of Cup&Handle
AMZN moves 134.3 buy point of C/H
CL - crude oil looks bullish rose near $81 - USO could move above $40 very soon.
BSX - $7 Calls looks very interesting - 3500 contracts traded with Open Interest of 26,467.
Subscribe to:
Comments (Atom)
Posts
