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To make a good trading plan
Uczestnik z Aug 10, 2021
178 postów
Aug 30, 2021 at 02:10
Uczestnik z Aug 10, 2021
178 postów
If you have a good plan and strategy you will find trading easier.
Uczestnik z Jun 14, 2021
5 postów
Aug 30, 2021 at 05:00
Uczestnik z Jun 14, 2021
5 postów
The only difference between a successful and unsuccessful trader is that one has a plan and the other does not. I once read somewhere that “Trading without a plan is nothing less than gambling” and I completely agree with it. A well-thought trading plan ensures a successful trade and it even helps you learn better through a demo account.
Uczestnik z Mar 17, 2021
536 postów
Aug 30, 2021 at 08:40
Uczestnik z Mar 17, 2021
536 postów
Williamfreed posted:A good plan can make you rich in this market.
If you have a good plan and strategy you will find trading easier.
Uczestnik z Mar 28, 2021
617 postów
Aug 30, 2021 at 14:06
Uczestnik z Mar 28, 2021
617 postów
@SteveHanks With a good plan we also need proper execution of the plans. Without effective execution, a good plan is not a good plan.
Uczestnik z Jul 20, 2020
399 postów
Aug 31, 2021 at 06:55
Uczestnik z Jul 20, 2020
399 postów
Unellene posted:
without a good plan for work in forex, there is really nothing to do, but in principle, this is how you can talk about any occupation
Exactly some people come in and dont have a structure and literally hope for the best each day/week
Uczestnik z Jul 19, 2020
751 postów
Aug 31, 2021 at 09:43
Uczestnik z Jul 19, 2020
751 postów
@CraigMcG2020 yes they think they will open trade and it will make them profit. It does not need any skills and experience. That is the sad part of forex market.
Uczestnik z Aug 17, 2021
94 postów
Sep 25, 2021 at 17:19
Uczestnik z Aug 17, 2021
94 postów
1- Outline your motivation.
2- Decide how much time you can commit to trading.
3- Define your goals.
4- Choose a risk-reward ratio.
5- Decide how much capital you have for trading.
6- Assess your market knowledge.
7- Start a trading diary.
2- Decide how much time you can commit to trading.
3- Define your goals.
4- Choose a risk-reward ratio.
5- Decide how much capital you have for trading.
6- Assess your market knowledge.
7- Start a trading diary.
Uczestnik z Jul 19, 2020
788 postów
Oct 04, 2021 at 13:08
Uczestnik z Jul 19, 2020
788 postów
AliForexTalks posted:Of course, the subject needs to be maintained. We are all traders but some are profitable and some are a loss. What is the reason for this? The answer is if I want to say Proper Mindset and Plan can make me successful in trading.
1- Outline your motivation.
2- Decide how much time you can commit to trading.
3- Define your goals.
4- Choose a risk-reward ratio.
5- Decide how much capital you have for trading.
6- Assess your market knowledge.
7- Start a trading diary.
Uczestnik z Jul 19, 2020
751 postów
Oct 05, 2021 at 04:58
Uczestnik z Jul 19, 2020
751 postów
Plan, discipline and mindset is important for trading. Without them, even a good strategy can not save a trader from losing.
Oct 05, 2021 at 10:25
Uczestnik z Aug 21, 2021
61 postów
UweMoench posted:I agree with you, a good strategy and a disciplined trader can always make his trading profitable.
Plan, discipline and mindset is important for trading. Without them, even a good strategy can not save a trader from losing.
Uczestnik z Jan 22, 2021
125 postów
Oct 05, 2021 at 10:34
Uczestnik z Jan 22, 2021
125 postów
Strategy that has been back-tested for different time frames has the more probability of landing you on the ground of success.
Uczestnik z May 27, 2021
57 postów
Uczestnik z Mar 28, 2021
617 postów
Oct 05, 2021 at 12:23
Uczestnik z Mar 28, 2021
617 postów
@CocoChannel Yes plan and enough knowledge is important but probably not enough as psychology plays a big part in trading. We need a good trading mindset as well.
Uczestnik z Mar 16, 2021
477 postów
Oct 05, 2021 at 14:51
Uczestnik z Mar 16, 2021
477 postów
UweMoench posted:It is not possible to secure investment without a plan. A trader needs to coordinate his plan and discipline.
Plan, discipline and mindset is important for trading. Without them, even a good strategy can not save a trader from losing.
Uczestnik z Apr 18, 2019
30 postów
Oct 06, 2021 at 19:05
Uczestnik z Sep 26, 2019
23 postów
To make a good trading plan, you should have certain opinion and vision on forex. It is next to impossible to make a trading plan if you don't know anything about the market and trading and about yourself. You should know what you are good at and what your personality is. After it you have to combine certain requirements and your skills in order to make trading plan which will bring you profits.
Uczestnik z Jul 19, 2020
751 postów
Nov 06, 2021 at 13:10
Uczestnik z Jul 19, 2020
751 postów
@Oghmage Yes to make a trading plan, one should have enough knowledge and skills about trading. Otherwise he won't be able to make a working plan.
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