80% of traders do not have a trading plan.
80% of traders trade when they “want” or just because they need some emotions
You've been sitting on the chart for 6 hours and haven't opened a single trade yet. Thoughts appear in your head: “Did I sit all day in vain? I need to earn something!” - and you open a deal, not based on context, but on emotions. And you get a stop. And after that - stress and apathy, because you sat there all day, earned nothing, and also suffered a loss. Conclusion? Always have a clearly defined trading plan and stick to it.
what is your trading plan for today?
