develop a trading plan and stick to it.
"A goal without a plan is just a wish." - Antoine de Saint-Exupery
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A goal without a plan is just a wish. Turn your wishes into achievable goals with the SMART framework.
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Not Having A Trading Plan
Most traders enter the business of trading without a plan. This is the equivalent of driving a car without being sure of one’s destination.
Having a trading plan keeps you on course and helps you reach your desired destination. It allows you to filter and analyse what is working and what ...
Wish. Outcome. Obstacle. Plan.
The W.O.O.P. Technique can work to make you focus on what is to be done:
- Wish: What is your goal?
- Outcome: What will result from attaining that goal?
- Obstacle: Knowing yourself, think about the obstacles or hurdles that could stop you from achi...
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