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Trading Plan For Consistent Trading

mgroupfx

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Trading Plan

Successful Trading Must Include 3 Keys
1. Method ( Trading Strategy )
2. Money Management ( Control Exposure )
3. Mindest ( Control Your Emotions )

Writing Your Trading Plan

1. Outline your motivation (your Why?)
2. Define your goal (specifications)
set soft weekly monthly yearly targets
3. What type of trader are you ?
4. Identify Instruments To Trade
5. Determine Your Trading Capital
6. Keep Trading Records (How? & Why?)
Journaling is a critical component trading is a business and you are the accountant
 

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