
272: Erik Smolinski - Marine Corps Discipline Crushes the Markets
Chat With Traders
The Importance of Having a Trading Plan
This chapter highlights the significance of creating and maintaining a trading plan in order to navigate the volatile stock market. The speaker shares their personal experiences, including a challenging emotional encounter resulting from a lack of preparation and an oversized trade. They discuss the components of their comprehensive 300-page trading plan and stress the importance of tracking performance and seeking feedback from others.
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