How I Create my Trading Plan: GOOGL
1,679 views · Published 26 April 2016 · 2:26 · Indexed 4 November 2026
Channel: Real Life Trading · 2016 · Education
In this video, Jerremy Alexander Newsome shows us a quick snippet inside his afternoon swing trading room. He simply shows us how he creates his plan on companies likes GOOGL. Especially when trading options, we as traders always want to be thinking into the future. We want to plan what we expect to happen and when it happens, we pull the trigger. We look at the left side of the chart to learn. If we are trading the present, we become emotionally invested. The most profitable traders create a simplistic approach to planning how to trade the future set up. Sure, mind blowing analysis like the one performed in this video does take years of experience. However, anyone in the markets can create a plan. Anyone can tell the stock what they "want" it to do. We can never control the markets. We can only control ourselves. It's crucial to remember, in trading, it's about the patience and foresight of building a trading plan that encompasses great risk mitigation and having the discipline to trade our plan consistently.
