In this overview, we will discuss preparing trading plans. A trading plan helps evaluate the current market situation and make the trader’s plans come to life.
Tag: trading plan
A trading diary helps to not only prepare trades well but also analyze the results of trading.
For successful work on financial markets, it is important to collect a set of rules. Most often, traders draft a plan on paper for no steep movements on the market to make them turn away from their goal. What is more, experienced investors advise to make a sort of a checklist with several questions, the answers to which will show if the time is good for opening a position or the trade is better skipped.