Trade Planning

In This Chapter

  • Determine what to trade
  • Planning your trade
  • Money management for options traders
  • Evaluating your trading results

Trade planning is an important discipline for successful trading. After all, trading is as much a mental game as anything. Having a playbook makes it so much easier. Figuring out what to trade and then keeping records will help you trade better and improve over time.

It’s not especially complicated, either. Most traders approach the market with an informal plan already. With just a little more work, you can set up a system to help plan and track trades. It really doesn’t take a lot of effort ...

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