Contents:
- What is BETA
- Key Features of the BETA Tracker
- Why Follow the BETA Tracker
As part of our continuous refinement of the Modified 10-Step Trading Plan, we are excited to introduce the BETA Tracker—a dedicated space for monitoring our Budget Ethical Trading Account (BETA) in real time. Updated every weekend after market close, this weekly tracker provides insights into our live trading adjustments, strategy refinements, and risk management decisions.
Tracking Weekly Progress: Refining Ethical Trading Strategies with the BETA Tracker
What is BETA?
BETA is a scaled-down, live-testing account designed to explore tactical entries, core positions, and risk management techniques under actual market conditions. Unlike our primary account, which held a larger position in URC, BETA starts with a manageable 210 shares, allowing us to refine execution strategies with minimal risk exposure.
Key Features of the BETA Tracker:
🔹 Weekly Performance Recap – A summary of trades, position updates, and market reactions over the past trading week.
🔹 Real-Time Position Management – Track our position sizing strategy, including tactical (10% of shares) and core entries (50% of shares).
🔹 Trading Scenarios in Action – Follow our approach to testing key support levels, profit-taking at resistance, and applying disciplined stop-loss strategies.
🔹 Strategic Adjustments – See how we adapt our plan based on market movements, refining our strategy with each trade.
🔹 Documented Insights – Every trade, decision, and lesson is meticulously recorded to improve future execution in our larger accounts.
Why Follow the BETA Tracker?
By monitoring BETA, readers can gain practical insights into live market execution, risk management, and strategy optimization—all while maintaining an ethical and disciplined approach to stock trading. Whether you're a beginner or an experienced trader, this tracker serves as an educational resource showcasing real-world trading applications.
Stay updated every weekend as we document our progress with BETA, share lessons learned, and refine our strategies for more effective, ethical trading.
Disclaimer: This post is for informational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.
Related Readings
- Micro Stock Trader Portfolio Tracker Page
No comments:
Post a Comment