Trading plans
A trading plan takes into account your style, risk management and expectations. It lays out your entire approach to trade, from the ticker to your entry, exit, goals, and stops. The main takeaway from it is to keep one from making mistakes.
The main focus of your plan should be risk management. It is all about limiting your losses. The less money you lose — especially in your early trades — the longer you can stay in the game. This can help you build healthier long-term trading habits. Determine how much you’re willing to lose on every trade. And not every trade will be a winner. Losses are part of the game. Be ready to cope with them.
Dont forget that you can never be 100% sure, but you want to be able to say you did all you could. Always study your mistakes and find what went wrong .
Adaptation is a key to surviving the market. Never stop learning. My trading plan stocks for tomorrow are:
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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jorncena96 : thanks for the advice
Mcsnacks H TupackOP jorncena96: You are very welcome.
BAO BMW : thk u Master Mcsnacks.
Wish u all the best and in-put more good stock and help more ppl like me ( New beginner) make some pocket money and learn from u..thk u Master
Catholic : sir are you still in TCJH
Mcsnacks H TupackOP Catholic: I sold at 8.60. Bought in at 4.00. Made a good profit finally.