Why Do I Need A Trading Plan?
Trade With Confidence
You will know exactly which trades to make and when to make them. You will know when to enter, when to exit and where to place your stops. Because its in your plan!
A good trading plan will allow you to wake up each day confident that you are ready to make the types of trades that can lead to profitability. Executing a good plan provides peace of mind and a road map in the heat of battle.
Every Successful Trader Has One!
You simply cannot succeed without a great, written trading plan. Every good business has a business plan – the trading plan is the equivalent of a business plan for a trader.
Be Prepared For Disasters
Fast markets where you are positioned the wrong way can rapidly drain your account while you stare at the screen, frozen and unsure what to do. A trading plan will pre-plan your disaster management – you only have to read and execute!
Day-trading? Plan Your Day With Maximum Efficiency
A trading plan will help you make the most out of your day. Knowing what you need to do at each point throughout the day will ensure that no time is wasted. You will be able to spend less time preparing to trade and more time doing the things you love.
A Bias-Free Plan
For many traders, writing their own plan is a great first start. But it’s easy to fill it with biases that are damaging. We wil create an impartial plan for you – either starting with your existing plan or from scratch using our questionaire.
If you have your own plan, we guarantee we can find ways to make it even better!
Here are just some of the sections you will find in your trading plan
If you don’t have the answers to some of these questions, don’t worry – we’ll help you figure them out.
Statement Of Objective
Capital Statement
Money Management
Trade Setups
Trade Management
Mindset Management
Size Management Overrides
Instrument And Market Selection?
Life Management
Your Tools and Technology
Daily Operations
Much Much More...
A Very Simple Trading Plan (Sample)
This video moves the plan slides very rapidly so use the video pause button to stop on any slide. You will get the original slides (or essay format) with your puchase, not a video. This allows you to edit them every quarter. Remember – a business trading plan is a living document that needs to be kept up to date on a regular basis!