Watch this and, then, watch how much planning it took
(click here to see the video if picture does not appear below)
When you watch this video, you are likely to be amazed that this guy actually jumps off a cliff and flies through the air.
But, that is just part of the story.
Watch the entire video and see all of the planning that goes into it and look at the after analysis. He does not “just” jump off a cliff and hope for the best.
Everything he does is according to his well-thought plan.
Success in trading requires every bit as much planning, but most traders just “jump off the cliff” with no real plan.
They just the hope that things will work out.
Of course, without the kind of detailed written trading plan that is necessary (and that I teach in my Professional Trader Mentoring Program), traders are just jumping off a cliff and hoping.