Jigsaw Trading Blog

Optimize Trading Tactics To Make Them More Effective

Written by admin | Nov 19, 2016 2:47:45 PM

At the end of this post is a recording of the webinar John Slazas presented on 14th November.

Every trader has certain trading tactics they have acquired over the years that provide the basis of the method they use to trade the market. Although the applied approach may resonate and bring a high level of trust, the success ratio without a standardized Trade Plan and normalized Trade Strategy will undoubtedly lack consistency and not be sustainable. Applying Trade Tactics within the construct of a normalized Trade Strategy improves its effectiveness and can be optimized when executed within defined market structure and by incorporating dynamic order flow events.

John demonstrated the process of creating a systematic approach to trading and how trade tactics can be optimized by using Jigsaw’s JSServices integration:

  • How standardizing a trading approach can make it more sustainable
  • How using Jigsaw’s JSServices integration to normalize a trade strategy improves consistency
  • How macro structure metrics and orderflow dynamics can optimize trade tactics effectiveness

Attendees gained insight into the steps needed to create a more systematic approach to trading and offered a free trial of a comprehensive set of analytics and applications that support that process. The video is at the end of this blog post.

Special Offer

John is offering $150 off a quarterly subscription to JSServices that includes a complimentary Personality Profile Assessment. There are 2 documents, the Peak Performance explains the entire Trade Plan Standardization process which is needed as the basis for creating the basis to optimize Trade Tactics and the other document is a quick overview of the Personality Profile with a link to take the Assessment. Go to http://www.jsservices.trade/ and select Request a Demo. In the "Referred by (required)" field they should type "webinar" to get the special offer to get the discount.

Personality Profile

A standardized trade plan is needed as a foundation to optimize trade tactics to make them more effective.  Below is an overview of the attached documents which support this development.

peak-performance-tradeplan-development


TradePlan Standardization
The Standardization process begins by identifying a traders core strengths, motivations, expectations and risk tolerances. This intelligence provides insight into the best suited trading style and method to be used to create a Trade Plan profile that will serve as the basis in forming a sustainable trade program. The Trade Plan is standardized by conforming it to JSServices Analytics which unify the approach across all markets and asset classes.

Core Strength Assessment
The Core Strength Assessment provides trader’s with a cornerstone to create a trading foundation that is tailor made to suit ones personality, ability and resources resulting in a sustainable Trade Plan.

Personality Profile
Personality Assessment – Traders take a standardize personality profile, which when evaluated in an assessment creates the basis for developing a Trade Plan that leverages strengths and minimizes weaknesses.
Trade Plan Profile – Traders complete a profile worksheet which provides awareness to highlight the parts of a personality that will affect decision making then aligns these parts with core strengths to create a Trade Plan Profile

personality-profile-link

Video