What is the EDGE trading plan?
Even with probabilities in our favor, we still need a trading plan in order to control risk and protect our profits to the optimal degree.
The EDGE (Enter, Defend, Grow, Evidence) trading plan ensures we protect our trades by only considering the right setups, protecting our capital through sensible entries and initial stops, and protecting and optimizing our profits.
Our trading plan:
E – Enter every trade with complete control
D – Defend (or protect) profitable positions early
G – Grow your account
E – Evidence (trade using an evidenced, proven system)
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