How to Plan Your Trade?

[miansajad]

If you have been trading Forex, then you would most likely have a trading plan. A trading plan is not when you whip out a coin and toss, then deciding which direction to take based on the results of the toss. While there have been some really lucky people out there, would you really want to risk your hard earned money on a coin toss?

---------- Post added at 02:09 PM ---------- Previous post was at 01:37 PM ----------

Most new traders always want to start out with the best and most complicated trading plan around. The honest truth is that the simplest plans are usually the best plans to use. Though of course applying a simple plan to a complicated market is not an easy task at all! In fact that's why every month you can see new plans being offered online to new traders. The sad thing is that these new traders are headed of the pits if they buy and practice these plans. So what's your trading plan? Do you have one at all?

[Looser]

my dear friends, the MACD is one of my favourite indicatores and it has many different uses. you can use it to know the divergence, which is very useful to predict the future movements, beside it can be used as an indicator for saturation.

[ashvi]

A proper trading plan is one which would have correct entry and exit point defined so that the traders can take up the trades at the best level possible to avoid too much of floating loss and thus execute the trade according to the plan.

[alialiali]

Yes before going into trade everyone should make some planning and trade according to that.be a successful trader needs the right way trading, discipline, willingness to learn and keep learning and good psychological.

[prabu]

I am also pleased with the combination of trading techniques and some lines MACD Moving Everage, especially for the Moving Average line can we know the direction and strength of the trend of a price movement while the MACD indicator we can see the peaks and valleys of a trip price

[waqas1]

ma forex trade ek he plan ka sath nahi kar raha ho abi ma new ko dekh kar trade kar dayta ho ja signal ko dekh kar trade kar layta ho ja pher ma munal trade karne lag jayta ho ma to abo forex ko sekh raha ho

[rauf3739]

Long-term targets (such as quarterly or annually) will probably be much more useful for a forex trader. In this way the range of weekly and monthly goals can be integrated to ensure the target of a long time. In addition, keep in mind that even a very good strategy can have a bad month, and day of the week let alone! Without considering all the factors, you are contributing to an increase in the failure rate.

[atiqsb]

forex trading me wohi kamyab hai jo trade ko planing se karta hai humy chahiye chart pattern ko full samjy achey se analyze karen tasali ke sath fir take a rest aur es rest ke doran apna trade plan tayar karen kiyo ke without plan hum forex se kuch nahin kamaa sakty.

[Avenger]

Real, the primary information about currency dealing is very important for a investor to know the primary information as a investor can make a particular dealing strategy that could generate my own benefit making business plan with the program of securing to be able to be a part of the calculating due to the program is quite efficient securing results

[husnaindfx]

Before placing a trade in Forex the trader need to analyze that tread without analyzing trading in Forex is a dangerous thing, even only one wrong tread is enough to destroy your entire Forex trading, so plane about a tread very much cautiously and take you time to rethinking that tread.