Your trading plan

MB
Michael Baker
Last Update January 27, 2021
1 already enrolled

About This Course

A key part of becoming a successful trader is having a plan. You need to find a way of trading that you like and that works for you.

This might take some trial and error at the start especially if you’re new to trading but that is where demo account really come into their own.

Consistency is key when it comes to trading and setting out a trade plan helps you follow a set plan and will show patterns in your success and failure.

The other great thing about a trade plan is that it removed emotion from your trading. Emotions are one of the largest reasons that beginners fail. They get wrapped up in the trade and either get over confident or nervous and this has a direct impact on their trade results.

In this course, we look at what you need to include in your trading plan, why it’s important and also an example of a trade plan to help create a framework for yours.

Learning Objectives

Whats a trading plan is
What your trading style is
An example of a trading plan

Requirements

  • You should have a basic knowledge of trading before you start creating your trade plan.

Curriculum

3 Lessons2h

What is a trading plan?

What is a trading plan?

What is your trading style?

Example of a trading plan

Your Instructors

Michael Baker

Technical Analyst

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8 Students
Michael Baker previously worked as a technical analyst for an Asset Management firm. He assisted in the analysis of an advanced automated trading strategy that required a discretionary overlay. He also taught in renowned Forex and CFD trading academies in London, creating course material and regularly hosting live market analysis webinars.
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Trade plan
Free
Level
Intermediate
Duration 2 hours
Lectures
3 lectures
Language
English

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