Your Personalized Trading Plan
Duration: 60.52

Bill Kraft shares what he has learned about the importance of effective trade plans in over a decade as a full-time trader. With consideration for variables that influence how retail investors should structure their plans, he lays out a straight-forward approach, which includes elements to consider when writing your plan. Then, through chart examples, he highlights the key aspects of plan implementation for all kinds of investors.
What You'll Learn:
- The 10 key considerations you should think about when developing a personalized trade plan
- How time, money, and psychology will affect you as a trader or investor, and how to make your personal circumstances work for you - not against you
- The importance of treating trading as you would any other money-making venture
- Methods for reducing the role of emotions as you trade
- Steps for analyzing potential trades, including – target and initial stop placement, risk-reward calculation, and trade management considerations
- Approaches to structuring reduced-stress, low-risk trades
- How to implement the theories discussed through charting examples