Sample Swing Trade Plan

1. R = $200
2. No more than 6 open swing trades at any one give time
3. Must write down and plan the swing trade entry 18 hours before getting in
4. Never have all 6 swings in the exact same industry (all pot or all tech for example)
5. Should base my entries off of either hammer / one white soldier / morningstar reversal
6. A gap needed to have occurred within the last 3 weeks for me to take the trade
7. If Trade have not hit more than 1R in over 9 trading days, simply exit if profitable
8. Once in the trade, do not move stop for 6 trading days
9. If trade is up over 1.5R in less than 3 days, you might have a huge winner on your
hands! Try and hold for 3.6R
10. Analyze the trade using the weekly , daily , hourly and even monthly chart. If the stock is
above the 10,20,50 ema and 100/200 sma on ALL time frames, take it. Otherwise, don’t
11. If I am in 4+ swing trades and they are ALL profitable simultaneously, close everything
down and lock in gains
12. Use RLT afternoon room / slack to generate ideas
13. Verify when earnings are and do not hold over earnings: https://finviz.com

PAIN
If I break any one of these rules and I will be a vegan for 3 weeks.

PLEASURE
If I follow all of these rules I SHOULD end profitable each month. Therefore I will reward myself
and others.