Courses › BLT | Bank Level Trading
Time Management, Correlations, & Trading Session Rules
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What this lesson covers
This lesson covers the practical discipline around trading rather than the analysis itself: how to manage your time, how to use correlation, and what rules to apply to trading sessions. It deals with the different modes a trader moves between during a day, which are stalking a setup, waiting for a level to be reached, and managing an open position, and shows how alerts allow each of those to happen without sitting in front of the screen continuously. Correlation is covered as a way of keeping perspective on what the wider market is doing, and of avoiding taking what appears to be three separate positions when they are in effect the same position three times.