Chapter 2
Complete Synopsis of the ETF Swing Trading Strategy
Now that we have defined the basic characteristics of the top-down trading strategy, let’s take a look at other components that are critical to any trading strategy. A trading strategy alone will not make you a successful trader. You must also have a core trading philosophy and a trading plan that establishes a strict set of rules by which you implement and manage the strategy. Further, you must constantly educate yourself and monitor your trading activity to ensure that you are consistently following your trading rules. A trade journal is often used as a feedback mechanism. Finally, you must thoroughly understand market structure (group behavior) and become a master of individual ...
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