What to look for in a trading plan (if you're smart)

Hello Friend, Has this ever happened to you?... You read a sales letter or you're in a trading room and you see the instructor making some nice profits. You decide to buy the plan. But when you're on your own and run the plan, somehow it doesn't work for you. Another 4-figure investment down the drain. What happened? In my experience over the last 4 decades, I can safely conclude that the trading plan did not fit you. You see, the REAL key to a successful trading plan is one that fits you and when I say 'fit you', I mean that it's a match not only on its technical merits (and you believe in these technical merits), but a match mentally and emotionally. For example, my accountant, who trades options successfully, has a trading plan that requires him to be patient. VERY patient. He's got a dozen 'filters' before he takes a trade. I could NEVER run that plan. I'd go nuts! I'm an "action" type trader. I need a plan that has frequent reliable triggers that have been tested to give me an initial "pop" at least two-thirds of the time. Every year, when I visit my accountant, we always laugh at the fact that we trade so differently and we've both managed to be profitable traders. Our trading plans fit us. The absolute bottom line is NOT in the plan. It's in our ability to follow that plan and that takes a mental and emotional match. I'm considering writing a detailed paper on this topic, but I wanted to get a couple of the major points out to you today. If you're struggling with your trading plan, the plan may not be to blame. And likely neither are you. The issue is the lack of the match! Of course, changing your mindset to match your plan is another way to achieve the match. In fact, The Disciplined Trader is the world leader in training the minds of traders to be successful The smart trader will find a plan that they're comfortable with, that fits them well and then employ mental and emotional training to make it a PERFECT fit. If you'd like to know more about out mental training for traders, let me know. That's it for now. And, as always… Stay Disciplined! Norman Hallett, CEO / Tisha Hallett, Creative Director The Disciplined Trader [Unsubscribe]( Subconscious Training Corporation 6606 NW 66th Ave Parkland, Florida 33067 United States (954) 242-2719