Trading Plan: Duration and Iteration, Part 8 ☝

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How long will you stick to this plan before tweaking? PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE Hopefully you’ve started formulating your plan; the market you’ll be trading, timeframe, strategy you will be employing and boundaries. It is a good starting point but how long will you persist with this plan before deciding to change or tweak it?

Decide how long you will stick to the plan and importantly don’t meddle with it. You need the data to analyse what happened so you can improve. I recommend 30, 60 or 90 days but make the commitment not to meddle with the plan. If you change the plan you won’t be able to analyse your trades properly and benefit.

Even if your plan turns out to be a failure and you lose money at least you have the data to analyse what you did wrong. Find the common theme – there is normally something you can find and eliminate.

Related Videos
### New Trading Plan Series ###

Trading Plan: Current Commitments and Status Part 2 ☝

Trading Plan: Which Markets to Trade? Part 3 👍

Trading Plan: What Timeframe to Trade? Part 4 👍

Trading Plan: What Strategy to Use? Part 5 👍

Trading Plan: Creating Boundaries, Part 6 🚧

Trading Plan: How to Manage Risk, Part 7 🚩

Trading Plan: Duration and Iteration, Part 8 ☝


Have a Trading Plan When Starting Out! 🤛

Quick Beginner’s Guide to Creating a Trading Plan 👍

New Year, New Trader, Your New Beginning! 🌈

PREP Method: Profit Target, Risk, Exit and Patience 👍

5 Reasons Why Trading Plans Fail! 😐

How to Develop a Trading Plan – Goals: Part 1 👍

Creating your Trading Business Plan: Part 2 👍

Trading Plan: The What (Markets), When (Times) and How (Strategy): Part 3 👌

Trading Plan & Checklist: Limiting Risk – Per Trade Risk, Daily Risk and Limit Risk: Part 4 👌


### Developing Patience and Knowing when to Trade ###
Part 1 – Tips on How to Develop Patience and Trading Discipline:
Part 2 – What is your Winning Edge (Advantage) when Trading?

READ MORE  6 Ways In Which You Can Easily Increase Your Profits

Part 3 – Trade when the Market isn’t Random: Understanding Crowd Psychology

Part 4 – Profiting From Panic Selling: Buy Fear, Sell Greed

Part 5 – Trading with an Edge: How To Trade And be a Winner

Part 6 – Developing Patience and Knowing When to Trade


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