My Trading Plan

Hi Friends
You have always asked me to share with you my trading plan. Relax! I will surely share my Plan with you --- together we shall get there!
A trading plan is an official written plan of your trading method and techniques. It is an excellent way for getting clear picture of specifics of how you are going to trade.
The trading plan describes the type of the game because they have bigger risks than should and they are impatient, distracted or fearful.
When you are writing your trading plan, don't forget to include the following:
· Time frame you will trade in
· The currency you will trade and its characteristics
· The lost limit per trade
· The objective events that will trigger your entries
· The objective event that will rigger your exits
· The loss you can withstand on a trading account.
FOR EXAMPLE
TRADING DAY: MONDAY, TUESDAY, AND THURSDAY.
CURRENCY: EUR/USD
RISK PER TRADE: $20 PIPS
SET UPS FOR ENTRY: WITHIN 5 PIPS OF A PIVOT POINT AND SUPPORTED BY 2 OTHER INDICATORS
EXITS FOR PROFITABLE TRADES: PROFIT AT PIVOT POINT OR WHEN I SEE REVERSAL BARS
LOSSES THAT I CAN TAKE: 5 LOSSES

I think you understand that!
Abiodun Babalola
08050200894/017417621
www.jobbsbankers.com