The Importance Of Trading Plan

Same Old Story Repeated again, Create Panic on overnight news (How Mauritius India Tax Treaty change affect Stock Market) Open gaps down , everyone run to short thinking news will have negative impact but market recovers and everything looks good. Traders go long but alas market turns back and go down again, Thus the cycle keeps repeating and unprofessional traders keep losing money.
Based on my Poll which is running on Twitter am thankful for all those who have participated, Its still going on so ask your traders friend to participate so that we have  a large sample size to work on. But the primary theme which has Emerged is FEAR which is the most pre dominant emotions.
As a trader these emotion

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