019: Stuart McPhee – How to form the basis of a solid trading plan, and follow it with absolute discipline

Chat With Traders - A podcast by Tessa Dao

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I’m not sure how it happened, but this interview somehow slipped through the cracks. I actually had the conversation with this weeks guest around November last year (2014), and it’s been tucked away in a folder ever since.

But let me introduce you to this weeks guest – Stuart McPhee from Melbourne (Australia), he’s an equities and forex trader who has been involved with the markets for around about 20 years. And he is also the Author of ‘Trading in a Nutshell’.

Our discussion was heavily based around trading plans, covering things like, what exactly is a trading plan, how to create one, and then the trickiest part of all – how to actually follow it with discipline. Actually, Stuart shares a very simple discipline hack that will help you to follow your plan for the long term, not just the next week or so.

Even though it’s taken a while to surface, I’m pleased to finally share this interview with you.