4 Components of a Successful Trading Plan

If you want to become a successful trader, you MUST have a written trading plan and YOU MUST FOLLOW YOUR PLAN.  A good trading plan is based on the following 4 components:

1 Money Management

2 System and Strategies

3 Psychology and Physiology

4 Trading Environment and Equipment

  1. Money Management (Protect Your Capital)
  1. System and Strategies
  1. Psychology and Physiology
  1. Trading Environment and Equipment
Conclusion
Sample Trading Plan / Trading Checklist