A professional athlete would never go into competition without a well-developed list of plays that have been studied and practiced. Traders can leverage the athlete’s attitude by thinking about their trades as making up a Playbook. Instead of plays composing the athlete’s playbook, a trader will have a playbook of trades.
In this brief video blog, we discuss the trader’s Playbook and the kinds of aspects traders can evaluate and develop in their trading based on their playbook. We also separate the kind of thinking amateurs typically engage in with their trades vs. the kinds of thinking the pros have about their playbook trades and trading.
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