toughcookie

Thanks OT, for starting this valuable thread. I must have started to build a trading plan at least 5 times but never quite got to a working version. (I guess that sort of demonstrates the lack of discipline that a trading plan would help me address!) For that reason, I'm more than interested to see how yours develops. I didn't find the thread early enough to vote on the oscillator but would have voted for RSI anyway. As for what to trade, my vote would go to forex. It just seems so much easier to find trends to trade in the currencies. Unfortunately,many traders only find a trend once it's well established, and then either jump in just before it reverses, or they hesitate, unable to bring themselves to pull the trigger, and watch as this particular trend goes on and on... Hence the need for a solid trading plan that says "in this situation, here's what you do." Looking forward to the next instalment. Cheers TC