On January 24, I am going to do an open webinar on building and using a trading plan.
Most people know that they should have some type of trading plan. But what kind of plan? Is a trading plan something you use on a daily basis, or a weekly basis, or that you write one time and put away in a drawer? Most people never write a plan. Most people who write a plan never look at it again.
I think that trading plans should be used on a daily basis, and adjusted often as needed. I don't think that a big fat hairy business plan that is your trading plan is as useful. And we're going to talk a lot about that.
