{"id":1251,"date":"2018-09-13T06:00:24","date_gmt":"2018-09-13T13:00:24","guid":{"rendered":"https:\/\/www.steadytrade.com\/?p=1251"},"modified":"2019-04-05T11:58:17","modified_gmt":"2019-04-05T18:58:17","slug":"ep-62-new-millionaire-mark-croock-pre-flight-checklist","status":"publish","type":"post","link":"https:\/\/www.steadytrade.com\/ep-62-new-millionaire-mark-croock-pre-flight-checklist\/","title":{"rendered":"New Millionaire Mark Croock’s Pre-Flight Checklist"},"content":{"rendered":"\n

In this episode, the Steady Trade Podcast presents the 12th part of a new series, where hosts Tim Bohen and Stephen Johnson share some of their favorite trading resources. <\/span><\/p>\n\n\n\n

In the past 11 episodes, they\u2019ve featured an in-depth <\/span>Trader Checklist <\/span><\/i>review, featuring clips and commentary focused around the Tim Sykes video. <\/span><\/p>\n\n\n\n

Today, they talk about an interesting part of the video: a two-hour webinar via Mark Croock about a little something called the \u201cPre-Flight Checklist.” <\/span><\/p>\n\n\n\n

Be sure to check out this episode on YouTube to see the accompanying video! <\/span><\/p>\n\n\n\n

About <\/b>Trader Checklist <\/b><\/em><\/h2>\n\n\n\n

Trader Checklist<\/span><\/i> is a video by Tim Sykes that features 14 chapters of invaluable trading information. It\u2019s available for free online, so don\u2019t miss out. <\/span><\/p>\n\n\n\n

Awesome Giveaway!<\/b><\/h4>\n\n\n\n

To enter, first you need to watch <\/span>Trader Checklist<\/span><\/i>. Then, at the end of this multi-part episode, you\u2019ll be invited to take part in a quiz based on the <\/span>Trader Checklist<\/span><\/i> principles. Stay tuned!<\/span><\/p>\n\n\n\n

What is the Pre-Flight Checklist?<\/b><\/h2>\n\n\n\n

Before a plane takes off, the pilot needs to check all sorts of things to ensure the safety of the crew and passengers. You simply wouldn\u2019t want to get into a plane where the fuel levels and mechanisms hadn\u2019t been checked; after all, you could just take off and crash.<\/span><\/p>\n\n\n\n

Similarly, with trading, it\u2019s vital to perform a series of important checks to ensure the safety and viability of your trade. This is one of the best ways to avoid crashing your account. <\/span><\/p>\n\n\n\n

Clip: <\/b>Here, Mark Croock introduces one of the key checklist bullet points before you make a trade. Is your stock a big percent gainer? Look for stocks that have been gaining above 10 percent. Ideally, it\u2019s also a former runner and has a reliable trading history. <\/span><\/p>\n\n\n\n

The Steady Trade take:<\/b>  According to host Tim, looking for big gainers should be every momentum trader\u2019s first step. Doing this will not just help you find hot stocks, but hot sectors. Tim and Stephen talk about how stocks that have run in the past are important because they are more likely to be the ones that run again. <\/span><\/p>\n\n\n\n

Clip: <\/b>Mark offers some important to-do list essentials before executing a trade: No matter what, you must check the stock\u2019s float, shares outstanding, and the number of shares short.<\/span><\/p>\n\n\n\n

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