All about trading plans…

I’ve been trading for the past 10 years.  I don’t claim to be an expert, but there are several things I’ve learned along the way.  I’d like to share some of that knowledge with you.

The focus of this blog is TRADING PLANS because they are the most critical element in trading.

Trading plans: are a systematic method for screening and evaluating stocks, futures, options, commodities, and Forex determining the amount of risk that should be taken, and formulating short and long-term investment objectives. A successful trading plan will also involve details like the type of trading system to be used. Some trading plans will require the use of various types of technical analysis tools as well.