I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.
Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
Planning is a essential part of not just trading process but also in other forms of investment. Without extensive planning, it will be difficult for you to manage and will most likely to end up losing more than you anticipated. Studying the trends and the market predictions can help you decide when it's good to buy and sell or simply trade to earn profits. It's a delicate job and has no guarantees but it can be addicting. So, be careful and don't let your emotions lead you.