Part 73 | Trading Plan

Write down your trading plan—where to enter, where to exit, how much to risk on a stop-loss, and what position size to take. Trading without a plan is gambling, no matter how good the chart looks. Your plan should be on paper, not just in your head.

How to create one:
1. Write your setup in one paragraph
2. Tick off your checklist before every trade
3. Review your plan each week

Remember: What you write down, you follow through on—a plan kept in your head gets swept away by emotions.

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