3 Tips on Proper Planning for Traders

Your trading plan for 2018 is vitally important to your improvement as a trader.

A great plan can help you fulfill your potential. A poor plan can be self-sabotaging.

Here are three pro tips on proper planning for traders:

#1 Set two types of goals. While it’s fun to daydream about hitting big Performance goals. It’s the Process goals that will allow you to actually accomplish your performance goals. Spend A LOT more time on Process goals than you do on performance goals. You should review and journal about your Process goals each day. Maybe a few times per day…

#2 Realize that you may not know what is realistic in terms of performance goals. If you set unrealistic performance goals, you may feel like a failure when you are actually making good progress. Many traders abandon a great path to Consistently Profitable Trading because they don’t have someone to reaffirm that they are actually on the right path.

#3 Have an objective and impartial view of your trading strengths and weaknesses. Self-diagnosis is rarely a good idea. Not with health problems and not when you are deciding how you can fix your trading challenges.

For the rest of January, we are offering 2018 Private Trade Plan Consultations for a greatly reduced rate.

Click here to learn more about these personal consultations and the six ways they can benefit you.

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