You will not go to war without any plans on how to win unless you wan to suicide. Same as in trading when you should always have plans on every action or decision youve made. With this you can increase the probability of making the right desicions because you even have a plan B for failing.
- Of course, planning is always a necessity from business to life, we cannot operate without a plan because if we work without a plan, it's that we're just working on emotions, agreeing that emotions will sometimes be accurate but most of the time, it will lead us in the wrong direction, wrong direction in life will be a waste of time but when in the wrong direction in business, wasting time is normal but wasting a lot of money is very serious. Therefore, always create a plan before participating in trading, which will help us limit loss, increase winning rate, emotions will not affect us