Trading Plans Explained: The 3Ms

by David Jenyns on May 14, 2011

www.tradinginanutshell.com All successful traders have a trading plan that they implement with confidence. You should too! Having a written trading plan provides you an edge over most market participants and in an arena where most people fail, how can you afford to not give yourself an edge? The traditional model I always use consists of 3 elements : Mindset, Money Management and Method. In this video, learn how important these are in developing your trading plan. If you fail to plan, you are planning to fail. When you don’t have a trading plan, your trading decisions are largely based on hunches, instincts and emotions – chances are you will not achieve long term success. Discover more about creating trading plans, visit: www.tradinginanutshell.com
Video Rating: 5 / 5

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