Thread: do you have a written trading plan?

Be honest!

What are the components of even a sample program, or a plan?

You should know exactly what lot dimensions you will trade, and which currency
pairs.

You ought to have precise entry and exit standards.

Your in trouble if you said no.

I believe we need some kind of Flow-Chart system. How can you know were your going in the event that you dont have a map? Unless your using GPS?

Originally Posted by ;

I believe most of us need some kind of Flow-Chart system. Do you know if you dont have a map, were your going? Unless your using GPS?

The flow chart notion is very good will use it. Thank you for the thought

Originally Posted by ;

Which are the elements of a plan, or even a sample plan?

I have posted this link on a few of those other threads but a trading plan is so important I will do it here as well http://www.trade2win.com/knowledge/a...-plan-template. This part has been the most difficult thing to do for me as a newbie, and I believe that is why so few people really do it, I wasn't sure what was suppose to be in it. Hope it helps.

Johan

Originally Posted by ;

I have posted this link on one of those other threads but a trading program is so important I'll do it here too http://www.trade2win.com/knowledge/a...-plan-template. This part has been the toughest thing to do for me as a newbie, and I believe that is why so few people really do it, I was not certain what was suppose to be in it. Hope it helps.

Johan

Thank you Johan, this is realy good information.

Newbie here. However learning. Do not have one nor know how to start one.

I haven't got a trading program. It seems like a very funny idea to me. LoL