Chapter 16. Reviewing the Entire Plan

Let’s take a look at the trading strategy we have laid out so far.

Chart Work

The strategy begins with the arduous process of navigating through a multitude of charts. I encourage you to make this a daily routine. If your schedule does not allow you to sift through charts on a daily basis, find a consistent time that works for you. This is the foundation to build on. If you skip this step, you might as well make a check payable to Mr. Market and call it a day. I have a rule that I live by: No chart work, no trading. It is through this process that you gain a feel for the underlying stock action within the market. You should not rely on the opinion of others. More often than not, they are guessing anyway. ...

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