A trading plan is a must for every serious trader, we find that a lot of people throwing money into the markets are not equipped with a plan or a checklist. A trading plan is a set of rules that helps you enter and exit a trade and essential for risk management. If you are a new trader, entering a volatile market without a trading plan does not sound like such a great idea…. you’re most likely going to lose money. You can’t let emotions control your actions in these markets or you will get wrecked, so follow a plan strictly and if you can’t than you probably shouldn’t be trading.

In this episode we go over a trading plan and checklist that is essential for success! Thank you for listening to episode 013 of Everything Crypto