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Fundamentals-Trading Plan

Fundamentals-Trading Plan
Fundamentals-Trading Plan

Fundamentals Of Trading Plan by mark crisp 1. Establish a plan and define specific risk and profit objectives before trading. Maintain the necessary discipline to follow that plan through both good and bad times. Successful traders will agree that discipline contributed more to their success than their trading philosophy itself. Remember that the key to […]

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Fundamentals Of Trading Plan

Fundamentals Of Trading Plan by mark crisp

1. Establish a plan and define specific risk and profit objectives before trading. Maintain the necessary discipline to follow that plan through both good and bad times. Successful traders will agree that discipline contributed more to their success than their trading philosophy itself. Remember that the key to any plan is how well it holds over time. 2. There is no "sure thing", and there is no trading system that is 100% accurate. Your goal, as a trader, is to use the tools available and try to develop an edge. Base your trades on sound fundamental and technical reasoning, rather than on hunches and long shots. If you can develop an edge, however small, over time you will be successful. 3. A trader must be able to admit they have made a mistake. Do not become emotionally or financially committed to a losing trade. Avoid the pitfall of becoming emotionally involved with any trade.

 

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  • عنوان مقاله : Fundamentals-Trading Plan
  • نوع فایل : PDF
  • حجم فایل : 80 کیلوبایت

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