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“I had no clearly defined trading plan because I was not diligent in my planning to begin with…”

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In response to your question: “What is your biggest challenge you have faced with your trading?”

  1. I had no clearly defined trading plan because I was not diligent in my planning to begin with.
  2. I have no tested/proven strategies yet and little understanding of the markets.
  3. I was careless in my execution. Gambling, essentially.
  4. I did not preserve my capital and I would not stay out of the market once I achieved my trading goal or reached my loss limit.
  5. I did not seek understanding of trading signals and did no back testing.

Good self-awareness.


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Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.