Having a trading plan is one of the most important tools you can have. In fact one of the common traits of all successful traders is a trading plan. Not only an over all plan but a trading plan for all strategies.
What I have found with myself and all successful traders that I’ve have talked with, having a plan keeps us focused and helps to eliminate emotion.
In the members section of this website we have a few example trading plans to get you started thanks to the generosity of our members.