To make a good trading plan we need to know our strength and weakness. A trading plan should be based on strength. Most people ignore their weakness and try to trade in all kind of situation. It's not good.
Jan 11 at 07:23
A good trading plan works only when you follow it properly from beginning to end. It won’t help you make any profits if you don’t stick to it.
Jan 11 at 09:48
Good trading plan will ensure you a good return when it comes to strategy and profit, but you are not free from risk as sometimes planning can fail due to the volatility of the forex market.
Jan 11 at 11:30
to make a good trading plan one should be full of confidence but also aware of the weakness to ensure and avoid mistakes.
That is right. Making a detailed analysis of your strength and weakness is important for trading.
Feb 08 at 10:46
Identifying strength and weakness is as important as trading. Every trader should know what their weaknesses are so that they can work on them and get better.
The first thing to note is that writing a plan for Forex is based on market analysis for the allotted time interval using fundamental and technical analysis.
But what constitute a good trading plan?
Mar 02 at 04:27
Finding out the strength and weakness can be quite beneficial for a trader and they can successfully make a trading plan based on that.
Mar 10 at 11:55
cardigan posted:
But what constitute a good trading plan?
A trading plan must include how a trader will find and execute trades. It must also be clear in what conditions they will buy and sell securities, the position size they will take, and other rules like when to trade and when not to. As simple as that!
