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Thread: Trading Strategy vs. Trading Plan.

  1. #20
    Member Maham Gill has a spectacular aura about Maham Gill has a spectacular aura about Maham Gill's Avatar
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    Quote Originally Posted by yogesh View Post
    Some people think trading strategy and trading plan are the same thing, but this is not really the case. Trading Strategy just tell you when to enter and exit trades while trading plan is more comprehensive and includes trading strategy. A trading plan may include market to trade, time frame, strategy used, entry and exit rules of strategy and money management and risk managent rules.
    And so we need a comprehensive plan for trading and not mere a strategy.
    You are right my brother mara hisab sa Forex trading main Strategy aur Plan dono ka saath app game start kar ta ho tu app ko zada sa zad profit ho sakta hai mara hisab sa agar app ki Strategy achi hai tu app kafi profit gan kar sakta ho

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by mony1 View Post
    It is important in your plan for the trade is to determine the amount of your loss and should not be changed in any case, if you reach that far out of the deal.
    You need a trading plan to correct them can be armed with the confidence that you will need a lot
    according to my plan and strategy is needed in forex trading, because when we are taking such we can be more effective both our trading and forex can be a better position because the strategy

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    It is important in your plan for the trade is to determine the amount of your loss and should not be changed in any case, if you reach that far out of the deal.
    You need a trading plan to correct them can be armed with the confidence that you will need a lot

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by Alamin222 View Post
    Back-testing is using data from the past to test whether your trading system is effective or not. Back-testing is one of the most important things you can do for verifying that it is a viable system.
    trading forex need good strategy and need good plan to try to survive in this market and try to win all our trader because without strategy and good plan we will enter the market in wrong point and will be face to margin call and we lost our capital so the simple solving good planning+good strategy

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by yogesh View Post
    Some people think trading strategy and trading plan are the same thing, but this is not really the case. Trading Strategy just tell you when to enter and exit trades while trading plan is more comprehensive and includes trading strategy. A trading plan may include market to trade, time frame, strategy used, entry and exit rules of strategy and money management and risk managent rules.
    And so we need a comprehensive plan for trading and not mere a strategy.
    TRading strategy and trading plan are not the same thing. when you trading the plan, it mean that you must trade follow the stop loss and take the profit. but trading strategy which it means you must trade follow your indicator.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Using trading strategy in trading is most important for earn profit with systematical way and every trader should be create an trading plan for the trading in forex. In my view trading plan help trader to become successful in forex market.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Forex is online currency market. I will give some trading plan below:
    1. Knowing about technical analysis
    2. Watch fundamental analysis
    3. Sentimental analysis
    4. Follow EA
    5. Follow chart pattern
    6. Trade overlapping time.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    In my opinion trading strategy is about our strategy before entering the market, we can use technical analysis. Trading plan is about money management to prevent margin call and to compound our lot if we get profit.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    trading strategy is basically a set of indicators or analysis of any kind like price action supply demand but trading plan consist of a lot of things like your money management, your trading time, your goals and a lot other things

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #11
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    trading plan is a plan that is made before the entering of the market, so a plan should be made before you start the trade, but strategy tell what to do when your position is open whether leave or keep trading

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  11. The Following 2 Users Say Thank You to zytuy11 For This Useful Post:

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