Today’s Trading Lesson From TradingMarkets

  • March 15, 2005
  • TradingMarkets Editors

Editor’s Note:

Each night we feature a different lesson from



TM University. I hope you enjoy and profit from these.
E-mail me if you have
any questions.

Brice


How To Create Your Trading Plan

By Brice Wightman

 

Do you have a
written trading plan? Most traders don’t. In fact, the vast majority of traders
have no real plan at all. Most are so anxious to begin trading that they bypass
this very important step.

Trading is fun, exciting, and at times
can be very stressful. A well-written and strictly followed trading plan will
improve your bottom line, reduce stress, keep you focused and on track. Without
one, you’re lost—