There’s lots of research out there about business failure and for the most part, the same could be said for trading. Here’s a list of the 10 most frequented catalysts for business failure: 1. 78% lack a rigorously-developed business plan keyed to the realities of their market, including sufficient research on the business before launching
What’s your plan?
How many of these statements could be used to describe your trading ? Indecision, difficulty recalling and organizing details required for trading Poor time management, losing track of time Procrastination Avoiding trades that require sustained attention Difficulty initiating a trade (paralysis from analysis) Difficulty completing and following through on trades (cutting losses and letting profits