HAVING A TRADING PLAN IS IMPORTANT ?

HAVING A TRADING PLAN IS IMPORTANT YES BECAUSE. 1) To be a successful trader, you need a plan. 2) A trading plan helps maintain discipline and consistency in trading. 3) it would help minimize risk and prevent sudden death of an account. 4) it helps identify and maintain trading objectives 5) it would help the trader manage some human emotions such as fear, greed and hope, which would prevent the trader from making random and bad decisions. 6) it helps the trader make consistent profits and minimize losses over a period of time. 7) it builds professionalism and helps the individual become a better trader overtime.