Defining your goals and making a plan is probably the most important task a trader can undertake. Many traders refer to their daytrading plan as a trading system. That's absolutely ok; since a trading system is nothing else than a structured day trading plan. Let's take a look at the elements of a good day trading plan: • Financial Goals How much money do you want to make? How much money do you need to get started? What can you expect when trading a system? In this chapter you'll learn the answers to these questions. Defining your financial goals is extremely important, since the outcome of the next steps all depend on YOUR goals. • Selecting a market You need to determine whether you want to trade Stocks, Options, Forex or Futures. It really doesn't matter WHAT View the rest of this article
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