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New trader trying to put a trading plan together

Minhthang2603 (Minhthang2603)
Jul 31 2019 at 10:02
20 posts
walpants posted:
Ok so I'm looking for some help in creating my trading plan, what should I be thinking about when putting it together? what kind of things do I need to have in it? do I even need one at all?
Any help anyone can give would be very much appreciated as I'm feeling a little overwhelmed.

You should learn the knowledge and experience from reputable blogs, for example:
1. dailypriceaction.com
2. tradingwithrayner.com
3. sinvest.vn
4. investopedia.com

Jedimaster1 (Jedimaster1)
Jul 31 2019 at 21:17
10 posts
Minhthang2603 posted:
walpants posted:
Ok so I'm looking for some help in creating my trading plan, what should I be thinking about when putting it together? what kind of things do I need to have in it? do I even need one at all?
Any help anyone can give would be very much appreciated as I'm feeling a little overwhelmed.

You should learn the knowledge and experience from reputable blogs, for example:
1. dailypriceaction.com
2. tradingwithrayner.com
3. sinvest.vn
4. investopedia.com


Which one do you use? by the way, I can't see your track record.

TitusD
Aug 01 2019 at 09:49
10 posts
Some of those websites look a bit scammy. Are you sure they are legit and not just some scammer

Jedimaster1 (Jedimaster1)
Aug 01 2019 at 20:56
10 posts
TitusD posted:
Some of those websites look a bit scammy. Are you sure they are legit and not just some scammer


Hi, look a bit? they really are BS!

Madalyn
Aug 02 2019 at 05:11
31 posts
TitusD posted:
Some of those websites look a bit scammy. Are you sure they are legit and not just some scammer


Investopedia is fine
other good sites are babypips, dittotrade, forexpeacearmy

ElliotCooke
Sep 03 2020 at 18:57
341 posts
New traders should practice on a demo account to improve their trading skills. After improving their skill they can make plans to make a profit from this market.

NinaPipin (NinaPipin)
Sep 03 2020 at 19:09
2 posts
LeviSievwright5
Sep 04 2020 at 02:05
298 posts
There are many types of trading strategies. If you do not understand market momentum, you will not get good rewards for trading. To understand the momentum of the market, it is very important to have an idea about the context. It is very important to know the situation in the market. Context means volatile / non volatile / impulsive / and corrective. If you have an idea about these 4 types of momentum, you can make a lot of profit from trading. And you have to trade with support/resistance.

GeorgeBischof
Sep 08 2020 at 19:45
318 posts
New trader should use demo account to learn forex properly and perfectly. Itr will help them to know all the basics of forex practically.

Shelby10
Sep 09 2020 at 19:45
140 posts
New trader should gather knowledge before start trading. Without any knowledge, you can not survive in this forex market.

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