trading plan

[Larisa]

How detailed is your trading plan, and how has it helped you achieve your trading goals?

 

[timsk]

Are there any materials here on how to create a trading plan?

Checkout the third link in my signature!

 

[Trader333]

The Trading Plan Template which Tim authored was from an article and T2W has since had to update the articles format. The template can now be found on this link:

Psychology - Getting Started - Money Management - Trading Plan Template

In order to succeed as a professional trader, it is often said that the aspirant must treat trading "like a business". As with many of the clichéd phrases that litter the metaphorical trading floor, the importance of this statement is often overlooked, or the meaning misunderstood. The...

www.trade2win.com

 

[Zerologic]

Trading plans can indeed help traders achieve investment goals. In trading plans, apart from preparing trading strategies, traders also prepare position size, risk tolerance, profit targets to be achieved, and how to enter and exit the market. A trading plan helps traders carry out evaluations.