How can i set my good trading plan?

[mmrs.std]

To set a good trading plan you have to follow some good strategies. Without good strategy it is not possible to make profit in forex trading. You have to understand the movement of market. If you understand this well then you can set a good trading plan.

[manikah]

First you select one trading strategy and practice with demo account at least 6 months.After 6 months if it give you constant profit then you can fixed for trading.Without demo you never understand of its merits or demerits.

[rehman1176]

sub say pahly too bahi aap koo money management kay bary main seekhna hoo gaa phir aap koo support or resistance kay bary main janna zaroori hay. phir kam say kam 6 months demo account pay experiement kareen.

[konikam]

it is ones personal because one's planning never match with other. every one set a plan to trade which is totally his/her personal .

[musharaf8844]

Good trading plan depends on two things 1st money management and 2nd risk management. In money management divide your money and use it for more and more trades. You should use 5 to 6 % margin of your account in one trade.And this you can do with you lot size if your account is 100$ your lot size should be above from 0.25. And in risk management put your stop loss according to your account if your account is 100 dollar then your stop loss should be at 2$ or 3$.

[Md. Mominul Islam]

A trading plan will act as a guide which will keep you on the disciplined trading path. Trading plan means you are making an effort to hold yourself accountable to something, this is necessary to forex trading success because there is no one to be accountable to as a trader. you manage to maintain your patience as your winning percentage improves. One of the best ways to not let emotions influence your trading activities is to have a defined trading plan that describes in concrete terms what you will do in any given market scenario.

[yytt66]

men bhi new trader hoon aur kal raat men nay achhi trading ki hai jab gold ka H4 canldle dow ka bana tab dow aya aur jab woh candle end ho gya tab men nay wahan say buy kia tha aur easy 20 pip earn kiye ab to men apni trading isi trah keru ga is main loss ka khatra kam hota hai

[anik02]

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[samil2013]

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[brodie563]

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