of cource news is very important thing but i think prediction of the news is very diffecult cause it may be secrets of countries and you can know it early so the economy may be down
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of cource news is very important thing but i think prediction of the news is very diffecult cause it may be secrets of countries and you can know it early so the economy may be down
Yes trading plane is the first work before doing trade in the real account and in the trading plane various things will be included like trading strategy, timing and proper money management if these things can follow a trader then he can be a very good trader of this market.
i a professional forex trader and i have some idea for my business. i always try to take information from others and try to follow a good trader who earn lot of money from forex trading. if any one try to do this then he must success in his business.
you must need a trading plan to be sucessful in forex market.because if u dont have any trading plan you will not know what will you going to do and thus you will loose all your money.
trading plan and strategies are necessarily on a successful trader business /
after sometime in trading the trader can made his own strategy .
I work in the forex randomly without a good plan for the capital will lead to significant risks
Technical analysis is also good and access to a good strategy in technical analysis and commitment are the best keys to success in the forex market
It surely is my friend. Like me, before this I can't come up with good strategies, my strategies only last for a period of time, then I will loss. But since I experience so many trade from then, now I can came up with a better strategies and earn consistence profits every months.Quote:
Originally Posted by miketega3
Yes,every successful trader have trading plan.Without planing hard to be successful in any work.In forex proper planing helps one to reach his target.
yes friend if you ever want to become a successful and good trader then you always have a good and proper trading plan because without having a good and proper trading plan you can not become successful in forex trading business.
Yes, I have need strong trading plan to become successful trader. Plan is essential part of our trading & family life. Without a good plan business is not doing better. Trader trading plan way & better for business.