Trading what you see, 4

...cont'd discussion about Trade What You See: How To Profit from Pattern Recognition (Wiley Trading)

The chapter on “Building a Trading Plan” is very succinct. The authors advise that you should plan out three general areas of concern:

What and how you are going to trade as well as what you will measure in terms of your trading performance.

Your policy on spending money on education, equipment, and other expenses.

Ideas about what to do in the event of disasters or to prevent disasters such as power outages, equipment failure, etc.

...cont'd tomorrow...

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