Trading without a plan brings to mind assembling furniture without instructions you might start okay, but it’ll fall apart fast. If you don’t know your entry, exit, and risk upfront, you’re guessing, and the market doesn’t reward guesswork.

A clear plan keeps you steady when emotions spike. Jot it down: why you’re in, what you’ll risk, when you’ll exit. Follow it like a trusted guide. Discipline turns hunches into real strategy.