Stock Traders! Here's How to Create the Perfect Trading Plan...

Do you plan your trades or do you think it’s a waste of time? Tim Bohen thinks that building a trading plan is one of the keys to being a consistently successful trader in the stock market.

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What belongs in a trading plan? In StocksToTrade Pro, you’ll have worksheets and checklists that you can use to ‘build the case’ to find out if the stocks you’re looking at are the ones you want to trade. Tim wants you to know why you’re looking at a ticker, why you bought in when you did, and what your trade plan was.

First, you’ll want to know what drew you to a specific stock in the first place. Many traders focus so much on making money, they’ll pick random stocks without building a consistent trade plan first. Know why you’re picking the stock.

Remember to work on your discipline. Write down the ticker, price, justification, what the stock has done in the past, and the pattern. Write down as much information as you can.

The last component is the entries and the exit. One of the biggest things that new traders struggle with is they’ll successfully research a stock, but if they don't stick to that stop and profit goal plan, they can turn winners into losers and turn small losers into big losers.

#StocksToTrade #TradePlan #DayTrading
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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.

You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.