First, let's find out what is a Blueprint?
Blueprints are used in design, architecture, construction, and manufacturing. They are the set of instructions and technical drawings of what needs to be engineered and constructed. If you are building a a house, a ship, or any given object, you need to put to paper and document the actual breakdown of what it takes to bring to life a design,a concept, or an idea. This is how thing are manifested from a conceptual level to something that is tangible. And, you can always refer back to it and make sure you are on the right path. What does it have to do with Trading?
Trading is an Art. As an Artist, you need to be ready to paint. You need to be inspired and yet disciplined to follow through. Is there only one Blueprint that fits all? Absolutely not, but regardless of the design on the blueprint, the set of information on the Blueprints guide you to take your concept from design to production.
When it comes to trading, you need to understand what is the task at hand. What is your goal? What are you trying to create? What tools do you need to get there? What are the exact set of specifications that will make this work? So in the language of a Forex trader, you need to know how many pips you are trying to profit in your next trade. Where is you stop-loss and why? What are your entry and exit strategies? How many losers and winners does this strategy produce? What is your position sizing? What is the maximum drawdown based on this strategy? Can your account afford this drawdown or are you underfunded and over-leveraged? And after all these questions, are you mentally and physiologically prepared to go and execute this plan of action? The details of a trading plan are only a portion of your preparedness, the main portion is in your Trader psych, are you in a Mindful Trading Zone?
These are the challenges and the necessary steps or set of technical mental drawings, a Blueprint, that is needed to overcome the hurdles to trading. And that is exactly why I have written my book "Mindful Trading Zone; Blueprint to Overpowering the Barriers to Success". It is coming out soon. It is being printed as I'm writing this post. Please let me know if your are interested in getting a copy or joining the Educational Courses that guides you to achieve these goals. Please contact me at info@proElliottWave.com and I'll be sure to reply promptly. You could also use our contact page: http://proelliottwave.com/contact-us/ .