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Trading Plan

Discover the importance of a trading plan in optimizing your trading strategies. Learn why a well-defined plan is crucial for achieving success in the volatile market. Explore the key components to include in your trading plan for consistent profitability. Gain insights from experienced industry professionals and enhance your trading skills. Keep track of your trades with a comprehensive trade activity log.

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Trading Plan

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Presentation Transcript

  1. Trading Plan • What is a trading plan? • Why have a trading plan? • What is in a trading plan?

  2. My Background • BS Industrial Technology California State University Long Beach • Quality Engineer – 11 years with Hughes Aircraft Company • Subcontract Administrator – 20 years with Hughes Aircraft Company and Raytheon Company

  3. Trading Plan Know your commodity! Bill Lee Supply Chain Manager Hughes Aircraft Company

  4. Trading Plan Know your instrument! Carl Lord Independent Trader

  5. Personality • Price patterns and movements that repeat.

  6. Personality

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  14. Personality

  15. Trade Activity Log

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