Trading plan definition

A trading plan is a strategy set by the individual trader in order to systemise evaluation of assets, risk management, types of trading, and objective setting. Most trading plans will comprise two parts: long-term trading objectives, and the route to achieving them.

Your personal trading plan will be unique to you, reflecting your risk appetite, preferred markets and trading style. Making a trading plan means taking your short- and long-term goals into account, as well as expertise and other factors.

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