At today's free Monday Mini-Mentoring Session Tim focused on several topics centering around money management.
Money management is a skill as important as the Market Maps trading methodology Tim and Shane teach. If you weren't able to attend this session it is strongly advised you review the recording before it is removed on Wednesday, October 13. The purpose and use of each of these spreadsheets as well as some real life examples of the benefits these worksheets bring to your trading business.
The Market Maps Trade Entry Worksheet is your tool for entering key details of a prospective trade. Recording this information before the trade allows you to layout your rules for managing the trade as it develops.
The Market Geometry Basic Monthly Statistics Worksheet is a business management tool for recording your end of month trading results. The statistical data recorded on these worksheets each month provides you with an alternative view of your trading track record.
The Market Geometry Manage Yourself Guideline Worksheet allows you to layout daily, weekly, monthly profit and loss limit rules. Establishing rules helps you take emotion out of trading and allows you to make choices based on sound business decisions.