Hey Traders so I figured because it's a new year why not start the year off right by setting us up for success. Having a trade journal or Trading Business Plan may be one of the most overlooked aspects of trading. However in my opinion it will separate those who are successful from those who are not. Trading is a game of probabilities and odds. Mistakes made are sometimes be very costly. Sticking to your trading plan along with money mangagement will allow us to survive the storm that we may face in the event of a drawdown. Also when we are up and riding the wave it will keep us from letting Fear, Greed and Hope getting in the way of profits.
Enjoy,
Trade Well
Clifford