Checklist for Success..No.2

Discussion in 'Psychology' started by zmostatabi, Nov 30, 2005.

  1. 2. I have created a plan to achieve my trading goals.
    I'm sure you've heard the saying "I didn't plan to fail; I failed to plan." Without a plan, your results will tend to be mixed and uninspiring. Commit to writing down your trading plan prior to trading.
     
  2. Having a plan is important, in fact, nearly all the good traders I know or have met, have a trading plan. I would add, you need to track your progress, and adjust your strategy as necessary to keep on plan.