How To Create A Trading Plan Step By Step Video Tutorial By Tim Racette

Fail to plan and plan to fail. This is how you are going to fail in your endeavor in becoming a successful day trader or a swing trader, if you haven’t created your trading plan. A trading plan is the road map that tells you how you are going to day trade and achieve your financial goals. Tim Racette has made a very good video on how to create a trading plan step by step. Whether you are a totally new trader who has no idea how to develop a trading plan or you are a seasoned trading veteran who has been trading for quite sometime now, watch this video below in which Tim shows you specific techniques on how to manage risk and develop your trading methodology further. He also shows you how to build a sound trading journal. Many traders don’t keep a trading journal. Keeping a trading journal is a must if you want to succeed long term.