Trading doesn't have to be hard.

5 simple steps for easier (and more profitable) trading

Trading doesn't have to be hard. You make it that way by overthinking and second-guessing yourself. But you can change that.

5 simple steps for easier (and more profitable) trading

1. Find a good trade

You've got this. You know what you're doing. You've studied the charts and you know the current market conditions. When you see the right opportunity, dig in.

2. Write a good game plan

What is the setup? How and when does it trigger? How many shares will you take? Where do you put your protective stop? What are your targets?

3. Wait for the triggers

Set alerts and forget about it. Do something else. Look for other setups. Do NOT overanalyze the solid game plan you've already written.

4. Enter the orders

The trigger fired, now enter the trade. Start your position and enter your stop loss and profit-taking orders.

5. Walk away

Just do it. Go away. Stop staring at the screen. It's all taken care of. If you've set orders that may need updating schedule that in that game plan. Look again after 15, 30, 60 minutes? Tomorrow? Next week? You have already planned for this.

That's it.

That's all you have to do. You have no more control now. Whatever will happen, will happen. And you've planned accordingly. So leave it be.

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***This is NOT financial advice. NOT a recommendation to buy, sell, or trade any security. The content presented here is intended for educational purposes only.