If you’re serious about becoming a trader, a trading plan will be vital. Here we discuss some important assets your trading plan should contain. A good trading plan can act as your own personal decision-making tool, helping you decide what, when and how much you should trade. And perhaps most importantly, it can let you know if a trade has been open too long.
Making objective decisions about your trades can be difficult, leaving you at the mercy of emotion and gut feeling. A trading plan helps you make logical decisions, even when the stakes are high.
Alan GreenwaldAlan holds an MBA in Economics from the University of Pennsylvania. has been trading the Commodities and Futures market for over 15 years. Over the years, he’s established a trading strategy that is designed to steadily provide profits. Traders from across the globe are familiar with his expert mentoring and the achievement level of those learners has been extremely great. Mr. Greenwald is able to help newbies or more experienced traders looking to for an expert’s input in their trading strategy.