Trading plans are more important than the trade itself. Most people treat trading as an impromptu performance, impulsively placing orders when they see opportunities, but they forget the complexity of the market and need to plan ahead.

A few people treat trading as a strategy,
creating detailed plans before entering, clarifying goals, setting stop-losses, and keeping the trading orderly.
They know that a trading plan is the cornerstone of success; only by planning each step carefully
can they find opportunities amid market fluctuations. Every impulsive trade is a waste of opportunity; every carefully planned trade is a sign of respect for success. Only by developing a solid trading plan
can you find your own opportunities amid market volatility.