A written document outlining entries, exits, and risk parameters.
Good trades are executed without fear or greed; the trader accepts the outcome as a data point. New Trader,Rich Trader 2: Good Trades, Bad Trades
New Trader, Rich Trader 2: Good Trades, Bad Trades, written by Steve Burns and Jaki Burns, serves as a practical guide for evolving from a novice market participant to a disciplined, professional trader. The book utilizes a dual-narrative structure to contrast the impulsive, emotional decisions of the "New Trader" with the calculated, rule-based approach of the "Rich Trader." 📈 Core Philosophy: The Process Over the Outcome A written document outlining entries, exits, and risk
Moving away from "stock picking" toward executing a repeatable system. 💡 Key Takeaway A written document outlining entries