7 Step Trade Selection Process, Which Trades to Take!? 💎

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7 Step Trading Selection Process. This is an overview to follow a structured approach to make better trading decisions. What are the procedures and steps to enter a stock market trade? How do you choose a trade? How do you select stock or setup for day trading? What is the best strategy to pick up stocks for day trading or even swing trading? OK..

1. Am I making this decision with emotion?
2. Can I express this trade safely?
3. Where does my stop need to be?
4. Do the risk parameters fit into my plan?
5. Would I take this trade 100 times?
6. Do I have obvious and feasible price targets?
7. Does this trade align with my long term trading goals?

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