Trading-shaped plan can be simple
and complex, but the most
important thing you need to have a
trading-plan and practice it in
your trading everyday!
Here are some things that need to exist
in a trading-plan:
1. The duration
A trading-plan course
must have a duration, trading-plan
not valid for life. You
can specify the duration of the trading-plan
for a week, 2 weeks 1 month
or 3 months. But for the early stages
maybe you simply specify the duration
trading-plan for 1-2 weeks
only.
2. Trading system
This is the heart of a
trading-washy. This trading system
should be a system
have you test on account
demo and give results
good. If you have not found
This trading system, make
first because without it
you will not have a trading-washy.
3. Trading conditions
In trading-plan also write
conditions such as equity trading
available, schedule time trading, and
so on.
4. Target profit
Also specify the target profit
to be achieved during the duration
trading-washy. Starting from the target
daily until the overall target
trading-washy.
5. Maximum Drawdown Risk &
You also need to anticipate
The worst condition by setting
limit the risk of each transaction,
Daily risk, as well as the drawdown
the maximum. Especially you must
menliskan specifically what
should be done if the drawdown
maximum is reached. If this does not
done you can easily
violate the maximum drawdown limits
and may experience a loss
fatal.
6. Evaluation & Repair
If this is not a trading-plan your
first, you need
include the evaluation of
trading-plan in advance and
write proposals and efforts
repairs to be done
to improve performance and
Your trading results.
That was the general framework that allows you
use to build a tradingplan.
You can make a trade-washy
which engkap or simple. Not
problems, the most important here you
must have a trading-plan and
practice it with discipline. Only
This way you will be able to reach
successful and consistent profits.
Selasa, 06 Desember 2011
Creating A Trading Plan
