Monday, 8 June 2009


The first thing for any successful Trader is that they have a clear
objective of WHAT they want to achieve and a clear reason WHY
they want to achieve it.

Without this you will not have the passion and motivation to
withstand the losses and emotions you may experience whilst on
your journey to profitability as a trader.
You should state the above in your trading PLAN,

Your Trading Plan
In all areas of our life we make a plan, we plan what to have for
dinner in the evenings, we plan what we are doing at the weekends,
we even plan what to watch on TV, so why is it we forget to plan

When was the last time you sat down and made a plan for the next
5 years of your life, What holidays you will go on, what
achievements you will accomplish during your journey, who’s life
will you enhance along the way.

A simple plan is one of the most powerful and exciting ways to
achieve some of your most extreme goals and dreams in your life.
Your trading plan should be a document that sets out exactly what
you want in your life, what you want to achieve through trading and
a plan of how you will achieve this. (Strategy)

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