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Trader Dale Volume Profile

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How to deal with an excessive drawdown ..................................................................... 137<br />

How to get back on the right track ................................................................................ 138<br />

Backtesting & getting started ............................................................................................. 140<br />

Phase 1: Rough backtest .................................................................................................... 140<br />

Phase 2: Thorough backtest ............................................................................................... 141<br />

Phase 3: Micro trading ....................................................................................................... 142<br />

Phase 4: Half positions ....................................................................................................... 142<br />

Phase 5: full positions ......................................................................................................... 143<br />

Trading journal ................................................................................................................... 144<br />

The 10 most common trading mistakes you should avoid .................................................. 145<br />

#1 Using indicators ............................................................................................................. 145<br />

#2 Martingale ..................................................................................................................... 145<br />

#3 Believing too much in one trade ................................................................................... 146<br />

#4 Using too big positions .................................................................................................. 147<br />

#5 Never being able to admit you were wrong ................................................................. 147<br />

#6 Not using Stop-loss ........................................................................................................ 147<br />

#7 Entering a position without a plan ................................................................................ 148<br />

#8 Following other people’s ideas blindly .......................................................................... 148<br />

#9 Jumping from strategy to strategy ................................................................................ 149<br />

#10 Sticking with a bad broker ........................................................................................... 149<br />

BONUS: How I manage my intraday trades ...................................................................... 151<br />

How I enter my trades ........................................................................................................ 151<br />

Where to place your Stop-loss & Profit Target .................................................................. 153<br />

Trailing your Stop-loss ........................................................................................................ 155<br />

Tested levels ....................................................................................................................... 156<br />

How long should you hold a position? ............................................................................... 159

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