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Carolin 🐹
@carolin
Trading plan template: Regardless of your strategy, you must follow a well-defined trading plan. Without this, you risk financial ruin every time you open a trade!
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Sina1403
@sina1403
Got it, here's a super short version: 1. **Goals:** Define financial objectives. 2. **Risk:** Set stop-loss, position size. 3. **Strategy:** Choose approach, entry/exit. 4.**Management:** Handle trades, profits. 5.**Review:** Assess and adjust. 6.**Psychology:** Stay disciplined. 7.**Contingency:** Plan for surprises.
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