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Trader-plan

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The Trader Business-Plan
Many people, excited by the opportunities presented in the markets,
leap before they look. Some people find temporary success “winging
it” or learning as they go.

 

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Trader-plan
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The Trader Business-Plan
Many people, excited by the opportunities presented in the markets,
leap before they look. Some people find temporary success “winging
it” or learning as they go.

 

However, more often than not, that approach
results in massive drawdowns, despondency and closed trading
accounts. Newcomers to the markets, and even those who have
already started trading (even successfully), may find themselves
reading this article and thinking “What does this chap mean by…?” or
“I never thought of that”. If that’s the case, you may very well benefit
from the time investment required to thoroughly learn your trade, study
all the tools available, and design a business plan before expanding
your activity in the markets. Here, Chris Terry offers an outline for
designing a business plan with the elements required for a successful
career trading.

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