New trader trying to put a trading plan together

Mar 12, 2019 at 09:32
2,890 Paparan
64 Replies
Ahli sejak Jan 10, 2020   28 hantaran
Sep 11, 2020 at 09:42
ParticipantLAD posted:
Hey Walpants, Good on you for asking this question as it's a foundation must of trading.

You first want to focus on your timetable, What obligations do you have currently? Job? Children? Morgage?. As this will decide how much time you can place into your chart to left click your strike rates.

Second, What is your strategy?. What are your rules?. Can you confirm that it has a frequency that will deliver consistency. This will create your income.

Third, From the first when you turn off your charts you turn off the mode of thinking about your positions. Providing you have rules and the confidence to see your positions through as trading is a job at the end of the day and must be respected as one.

Think about these first.

ParticipantLAD.


hello sir.
thank you for advices. it really makes me to think about my future trading plan.
Ahli sejak Jul 20, 2020   341 hantaran
Dec 17, 2020 at 11:58
new traders always try to make money quickly from this market. This is a very bad habit. Most traders lost their money because of their impatience nature.
Ahli sejak Jul 20, 2020   232 hantaran
Dec 17, 2020 at 13:47
ElliotCooke posted:
new traders always try to make money quickly from this market. This is a very bad habit. Most traders lost their money because of their impatience nature.
Yes. I agree with you. Most traders make this mistake in their trading.
Ahli sejak Jan 13, 2021   38 hantaran
Feb 03, 2021 at 07:57
In no case should you write off in trade, this will lead to losses and disappointments.
Ahli sejak Nov 19, 2020   104 hantaran
Feb 17, 2021 at 05:17
I agree with @KnowFinance Traders get no success on easy terms, it takes hard work and a lot of patience to become a consistent earner here.
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