six steps i say.
1]psychology: Its fitment - you with market,
more like some psychological aspect -Patience, balanced greed, winning attitude in life, gathering knowledge ,ready to face uncertainity
Market - bullish ,Bearish,sideways,volatile
2]applied ta:
reversal candle ,WRB study, How to play gap, validity of pattern, ease of movement
3]risk management:
since many trades r going to be wrong - a monetory threshold of loss amount
A stoploss concept - applying it (contingency plan)
4] order placing or execution: knowing execution software
5]opportunity search:
a through knowledge onwhat works in market, game play to predict future price bar
Understanding LOCATION, trend at present, higher timeframe bias
6] trade journal: the tool of reality
Gives u feedback what u think, execute vs your return- few only know how to use it ( say i am trading longside , 3 consecutive trade r wrong, i am definite market is changed)
bye