Tuesday, November 3

How to Prepare Successful Trading Plan

In Continuation with Previous article What to Include in Successful Trading Plan
Keep good records
Good traders always want to know why and how they win or lose a trade. Keeping good records helps you recognize what goes into a successful trade. They also prevent you from repeating mistakes. Your trading records should contain the following information:
  • Targets
  • Entry of each trade
  • Exit of each trade
  • Time
  • Support
  • Resistance levels
  • Notes about the trade and what you learned
Your trading records need

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