Dissecting the Trading Plan Prequestions

When I sat down to design the trading plan questionnaire, I wanted to have one simple tool that clearly outlined the risk-reward levels of the novice and intermediate trader. It was important for me to help them define realistic goals as well as help them figure out the true level of volatility they could accept based on their risk profile. More importantly, I wanted them to think about why futures trading was right for them and what strategies they would use, physically and emotionally, in order to get themselves over the guaranteed losses they knew would occur when they traded.