HOW TO MAKE A CRYPTO TRADING PLAN

A great trading plan prepares you for multiple outcomes. While not exhaustive, great traders prepare themselves by following the steps below:

Conducting their analysis (according to their trading strategy)

Identifying a trading setup that matches that strategy (identifying SL and TP)

Calculating the position size, checking all boxes, and even checking their own emotional state before entering the trade.

The process of taking a trade should be systematic, based on a predefined set of rules, and not on intuition or emotions.

Sticking to your trading plan requires discipline and patience. Don't get discouraged if you encounter setbacks – just stay focused and continue your journey to trading success.

Good luck!

Disclaimer: this post is based on my limited knowledge and experience #dyor