Tuesday, November 29

Why Traders are unable to Follow Your Trading Plan

Many times during your trading you would have not followed your trading plan and made loss. As a trader you Know following my trading plan is only Key to my trading success but still you fail to follow your trading plan. Lets understand today what stop us from following our trading plan and how can we improve our trading habits to follow the plan religiously.
There are many factors that could contribute to your lack of discipline to follow your trading plan. Depending on your personality, background, training, and experience with the markets, you may have trouble controlling your tendency to act on impulse.
Most Important reason I found out with my working with traders over a period of time is Traders are unable to CONCENTRATE .

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