Tag: STEP 5: Review your game plan every day to see whether things are going according to what you expect. This allows you to adjust your money management stops and your target zones in a non-emotional way

Step #1 Game Plan

One of the biggest mistakes we see with traders and investors is this: They have no game-plan.

This is one of the most important elements in trading and you should not be trading without one. When you have a game plan, it allows you to get in and out of the market in a non-emotional way. So often we see traders jump into markets based on emotion, investment show ideas, or rumors. This is the worst possible way to trade and the quickest way to lose money.

There’s nothing more important to have than Continue reading "5 Steps to Trading Success" →