Building a Stock Trading Plan: Steps to Success

A well-thought-out stock trading plan will be the distinction between profitability and failure in the highly risky world of the stock market. However how do you build such a plan? Here’s a complete guide to help you craft a solid stock trading plan that will guide your actions and make it easier to stay disciplined within the face of market fluctuations.1. Define Your Goals and GoalsStep one in creating a trading plan is to clearly define your goals and objectives. Are you looking for long-term wealth accumulation or quick-term features? Your trading strategy ought to align with your financial goals,…