📌 One of the key skills of a successful trader is the ability to clearly plan a trade before entering the market.

Imagine knowing exactly what you want to achieve, what steps you will take to achieve your goal, and what you will do if something does not go according to plan. This approach is not just a strategy, it is your insurance against the unpredictability of the market.

Planning a trade is not rocket science, but it does require endurance and discipline, not just once, but over time.

Imagine building a house: first you need a clear plan, where every detail is in its place. Without it, there is chaos. The same is true in trade. Always have this plan ready and follow it step by step. And if something goes wrong - as in construction, where you may need to replace the material - adjust your actions.

Or here's another example! Imagine driving to an unfamiliar city without a map or navigator. Without a route, you risk getting lost. But with a clear plan and an understanding of where to go, you can avoid unnecessary turns and find a shortcut to your destination.

That is why before opening a trade I always first look at what I can lose, and only then think about what I can earn.

I also evaluate where the stop might be hit and what I will need to do, how to act if the market does not go as I expected.

This approach helps to minimize losses and act rationally, without giving in to emotions.

And by observing trading discipline I can afford a delicious lunch.