Why Plan Your Trades

In the uncertain financial markets, countless traders set sail with dreams of wealth, only to often run aground and sink in uncharted waters. They may be skilled in analysis and familiar with various technical indicators, but they overlook the two most fundamental yet often neglected pillars of trading: planned trading and position management. These are not flashy prediction techniques but the "navigation skills" and "ballast" that form the survival baseline and long-term profitability foundation for traders. Making a good plan is the first step in unlocking wealth harvesting.