Trading and Emotion, page-8

  1. 1,352 Posts.
    lightbulb Created with Sketch. 1
    Hey Mick,

    All great info above.. the only thing I would add is...

    Have you got a Trading Plan?
    If not - consider making yourself one.
    Good article on getting started :
    http://daytradinglibrary.com.au/tradingplandev

    Also get yourself a risk management calculator - there is an example in the article I think..
    It will make it more "mechanical" for you and a lot less emotional. Certainly helped me a lot..
    Trading plan sets the rules and goals for your trading - risk management calculator will help you enforce the rules..

    I was trading for about 6 months before I wrote my first one.. and really wish I had done it sooner.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.