10 Steps To Building A Winning Trading Plan by Traders Training Academy

Page 1

Are

If

Set

When the trade goes the wrong way or hits a profit target, then exit

Analyze

After each trading day, adding up the profit or loss is secondary to knowing the why and how

OBUILDINGAWINNING TRADINGPLAN
Excellent Records Save your trading records so that you can go back and analyze
Your Homework Skill Assessment
Keep
Do
you ready to trade? Have you tested your system by Paper Trading Set Risk Level should probably range from around 1% to 5% of your portfolio Index futures are a good way of gauging the mood before the market opens Set Exit Rules
you enter a trade you should know your exits
Preparation
Before
Mental
1 3 5 7 9 2
Goals
you are not emotionally and psychologically ready to do battle in the market take the day off
Set
the risk 4
Preparation
alerts for entry and exit signals and make sure all signals can be easily seen 6
The potential profit should be at least three times greater than
Trade
set
Entry Rules
8
Performance
10 TRADERS TRAINING ACADEMY traderstrainingacademy.co.in

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