TRADING PLAN A trading plan is a structured set of rules and guidelines that a trader follows to make informed decisions in the financial markets. It is an essential tool for traders, whether they are involved in stocks, forex, commodities, or other assets. A well-thought-out trading plan can help you manage risk, maintain discipline, and increase the likelihood of achieving your trading goals. Here's a basic outline of what a trading plan might include: Objective and Goals: Clearly define your trading objectives and financial goals. Are you looking for short-term gains, long-term investments, or something in between? Risk Tolerance: Determine how much risk you are willing to take on each trade and o...
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