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Reasons for a Trading Plan when Trend Following

Trading is not defiantly not easy but it does not have to be as hard as many make it.

Ideas to improve your trend following

Trading Plan

Make sure you have a trading plan when you are ready to start trend following. Without a trading plan you are just guessing and putting yourself through unnecessary stress.You know at every minute what you should be doing and not doing. .

Don’t beat yourself up after a loss.

You have to live with the idea of loses. They are as natural as breathing.

Perspective

Realize this is a long term game. Realize that you must be committed if you want to succeed in trading for a living. There are no short cuts…You need a trading plan…you need a proper mindset and you need capital…

Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts, commodity options or forex can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources

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