Trading Plan

Be your own trader. In other words: Don’t follow someone else’s trading advice blindly!Just because someone may be doing well with their method, it doesn’t mean it will work for you. We’re all in different situations in life, and we all have different market views, thought processes, risk tolerance levels, and market experience. Have your own personalized trading plan and update it as you learn from the market. Keep it simple, never complicate it. Developing a Trading Plan and sticking to it are the two main ingredients of trading discipline. But trading discipline isn’t enough. Even solid trading discipline isn’t enough. It has to be rock solid discipline. We repeat: rock solid.

The best trading strategy that can be part of your Trading Plan is to understand & follow the Market Maker’s Business Model. See beyond the FORM (charts, setups and indicators) and follow the CONTENT (Market Maker’s Business strategy).