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Why A Trading Plan is Important
I have been seeing many traders give up and throw away their dream of becoming a trader and it upsets me to see this because I know so many of them are so close to getting to the place where they could be consistently profitable traders. I believe that the biggest reason that traders don’t make it today is because the lack of a trading plan or not following the plan they have. The reason a trading plan is important is because to be a successful trader I think there needs to be several skills a trader must possess. Here is a list of the skills in no particular order: