Best Forex Trading Plan.

[saeedi1980]

Building the Perfect Master Plan

What are the components of a good trading plan? Here are 10 essentials that every plan should include:
1. Skill Assessment

Are you ready to trade? Have you tested your system by paper trading it and do you have confidence that it works? Can you follow your signals without hesitation? Trading in the markets is a battle of give and take. The real pros are prepared and they take their profits from the rest of the crowd who, lacking a plan, give their money away through costly mistakes.
2. Mental Preparation

How do you feel? Did you get a good night's sleep? Do you feel up to the challenge ahead? If you are not emotionally and psychologically ready to do battle in the markets, it is better to take the day off - otherwise, you risk losing your shirt. This is guaranteed to happen if you are angry, preoccupied or otherwise distracted from the task at hand. Many traders have a market mantra they repeat before the day begins to get them ready. Create one that puts you in the trading zone.
3. Set Risk Level

How much of your portfolio should you risk on any one trade? It can range anywhere from around 1% to as much as 5% of your portfolio on a given trading day. That means if you lose that amount at any point in the day, you get out and stay out. This will depend on your trading style and risk tolerance. Better to keep powder dry to fight another day if things aren't going your way.

[Afnan ahmad]

Here are some important points to consider regarding Forex trading plans:
� Follow a plan, have a journal, log trades.
You need to do three essential things to become and remain an organized and disciplined Forex trader. ...
� Trading plans contain a routine and check list.

[MSajid]

Trailing stop in pips � once the trade is X pips in profit, the stop trails the high by a certain number of pips. This strategy performs badly in Forex, because it gets you out of good trades much too soon.

[MubashirJamshed]

To put it simply, you NEED to have a routine in your trading activities; otherwise you will just end up running and gunning the seat of your pants.

[forexlive]

mujay is ka baray ma kuch be nhi pata ha ka ya plan acha ha ya bura ha and ya plan faida be de ga ya nhi kio ka ma ny is kisam ka plan ko na tu dekha ha and na hi is pa kabhi kam kia ha is liye hamay aesa plan hasil karna chahiye jis ma faida hi faida ho

bro plan acha ho ja bura jeh baat nai hai app ko plan samj ana chahi aa duniya mai es tara ka koi v plan nai bana hai jo app ko 100% acha profitable result deh sakta hai es layi app ko chahi aa app pehle plan ko samj kar demo par check karke fer hee trading mai apply kare ...

[kashibul]

the best plan is separate from the best trading, and and as far as I know there is no guarantee in forex trading,
so I guess I want to use your analytics to see how the best thing can be done to me but if you do not mind
I want to get that picture obviously just for a better understanding of your strategy, I hope to hear from you soon,
thank

but the required system should analyze the needs of many forex strategies, the best currency
to risk the existing market risk considerations existing, forex traders analyze the right trading
eed trading experience to become a trader needs persistence to get Success in the marketplace.
thank

[batool]

Forex Trading main Trader kay liay planing karna must hota hay aor Trader ko chhy k woh Forex Trading main thek planing aor setup say Forex Trading ka business start karay aor Trader Forex Trading main lot size kay use ko smjy aor Trading main moving average aor technical tools ky planing karay aor Trading main thek time frame main Trading karay

[k.ali]

thank you im completely agree with you and appreciate your effort to give this plane to other and i hope to tell me on of the profitable strategy

[kazna]

In my opinion, I do not really think that we have the best Forex Trading Plan I can say is the more
we can trade based on the strategy we use, the more we can get the best amount of pips in the market.
best regard

the best plan is separate from the best trading, and and as far as I know there is no guarantee in forex trading,
so I guess I want to use your analytics to see how the best thing can be done to me but if you do not mind
I want to get that picture obviously just for a better understanding of your strategy, I hope to hear from you soon,
thank

[Feroz]

mujay is ka baray ma kuch be nhi pata ha ka ya plan acha ha ya bura ha and ya plan faida be de ga ya nhi kio ka ma ny is kisam ka plan ko na tu dekha ha and na hi is pa kabhi kam kia ha is liye hamay aesa plan hasil karna chahiye jis ma faida hi faida ho