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Building a bulletproof trading plan | Talking Shop podcast
In this episode Luke, Pete, and Ronni share essential insights into creating and maintaining an effective trading plan.
They discuss why having a systematic approach is crucial for trading success and how to avoid common pitfalls.
Key Timestamps:
00:00 - Opening
01:37 - Introduction on trading plans and acting with intent
08:01 - Discussion on finding balance between research and taking action
12:01 - Key insights about probability and risk management
17:32 - Deep dive into trading journals
25:00 - Important discussion on defining trading success
30:20 - How long it takes to become profitable
34:47 - Most common trading mistakes and pitfalls
44:03 - Portfolio management advice
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