Trade job descriptions. Do you have them for your trades? This may not be something you have thought about but what exactly would you like each trade to accomplish? Not sure?
Click here or in the video to sort out what you want each trade to accomplish for you!
Any employee that works in a business should serve a purpose to help that business function and ultimately profit. The purpose of that employee should be spelled out in their job description.
When trading for income, trading is a business. Think of each trade as an employee. Each trade should have its own job description of tasks and objectives of how it will contribute to the business and it’s profit objectives.
One of the scariest things I see on a regular basis when I am coaching, is someone who has left their job to start trading for income without fully thinking it through. The reason it is scary is because in most cases they are leaving very highly paid positions to jump into a trading business without having a solid plan as to how to do replace their income. They are just hoping things work out and endangering themselves and their families in the process.
With our proven, profitable trading strategies, you can easily trade part-time while gaining the knowledge, experience and skills necessary to eventually pursue your own trading business. But before you go out on your own full time, be sure you fully understand your trades, when to utilize them, and their specific purpose. Then create those job descriptions for your trades and have those trades ready to go to work in your trading business!
The goal of the Trading Performance Podcast is to help everyone to gain important insights into the stock market and how a trader can improve their performance in it.