Fifth in a series of articles intended to improve awareness of investing in the stock market.

A trade plan is much like a business plan for a company – it documents clear objectives and planned strategies to meet or exceed those objectives and it includes tactics for implementing the strategies. A well-managed company will generally have a documented business plan that is constantly evolving based on measured outcomes and changing market conditions.

Michael Welch is a trained market investor in foreign exchange, futures, equities, commodities and options. He is preparing to offer several educational investment workshops during the year as fundraisers for the Marysville Historic Depot.