Wednesday, July 23, 2014

CFD Trading Plan, Strategy

CFD Trading Plan

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1. Exit Strategy
2. Entry Strategy
3. Money/Risk Management
4. Journalling
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1. Exit strategy


Rem CFD I gonna use Swing strategy. . Target less than 3 mths holding
Need to enforce STRICT cut loss
Recommend 15 percent growth up or down exit
Recommend 2.5 times leverage


2. Entry Strategy


Entry strategy must have momentum..I. e. Volume Play


3. Risk/Money Management


4. Journaling


Date, Name, instrument, market, entry price,  exit price, comment, cut loss price,  tp1,  tp2,  tp3 price

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