You need a trading plan to be successfull in trading

[Bocah]

yes sure , we need a trading plant before make trading forex, with trading plant we will so easy to follow all intructions in our trading plan, beside that we ca avoid our greedy too.

[kash]

yes it is best idea for every trader because if you make the better plan for your trading then you gain the better profit so it is the main thing in forex trading if you are the trader then you know that thing in forex if we not make the plan we not successful in business

[yudijoni]

Originally Posted by livermore.

There are some things that should be included in the preparation of a trading plan. Among them:
1. Self Assessment

- Why do we want to be a trader?
Do we want to get the main income from forex, whether just to increase revenue other than our offline work, leisure activities or simply fill out and looking for friends.

- How is our style?
Are you a patient so brave to put the position for a few days without flavor was was, or are we the type of people who can not calm if there are open positions that must be attended to.

- Strengths and weaknesses
Are you a disciplined, open to the opinions of others, impatient?
Are we tothe slow to act, etc..

- Conditions as to what we can trade
For example, we're going to trade your spare time, when we're not sick, when no disturbance (trouble) family, etc.

- Schedule of trading
For example, we will be trading from 07.00 pm until 17:00 pm. Outside these hours I will not be any trading results.

- How long do we build our trading system
Is it we've been doing back test, perform testing and demo trading system compares with others.

- Computer skills?
What do I need and prepare before entering the trading world is. For example, knowledge of a particular programming language, etc..

2. Determine the purpose of

- The purpose of trading
For example I want to profit consistently every month and every year, because I've been doing research on trading system. Combined with the mental discipline and patience I sure can achieve. -

- Target revenue
For example, 10% each month.
Or just add to the main capital without any specific target.
- How many targets per year
For example, 100% per year

- Should social relationships with others
For example, it is necessary to broaden the horizon and the development of science from other more experienced traders through forums or other media.

- How do I know my plan works, and how I knew I was not successful rancana, Under what conditions we expect successful trading system, when the market is trending, ranging / consolidating, or when high volatile?

3. Trading System

- Strategies, Entry and Exit
Here we describe in detail the strategies. Under what conditions we are going to enter the market, when we will exit the market at the current profit and loss (cut loss). Where we put our stop loss. What is the point we use the trailing stop. What do we do if there is a reversal signal, and others.

4. Risk Management

- How much loss can we endure?
for example, 2% of the capital for all open positions.

- How does the broker and risk of PC crashes
For example, the broker that I use is .... I believe the broker will not be a scam because it is regulated and widely used by experienced traders and is not a broker lower classes.
If there is damage to the PC, power and network inetrnet, I have prepared a backup laptop, UPS and other external modem.

- What about the risk strategy?
I will monitor the drawdown of trading my strategy. If within one month I had as much as 10% drawdown would quit my trading and my startegy will review again, and go back to demo trading to fix it.

I will not enter the market when the market is not giving signal to enter the appropriate trading system.

- What are we gonna do When the lot or profit loss
For example, when my great loss will only meninject of savings deposit idle funds. But this I do after I do a review of why I've experienced loss and make improvements to the demo system.
When my profit, every month I will withdraw to my account number .... The rest is to increase the initial capital.

- Costs that must be considered
Brokerage commission fees, costs PLN, internet connection, computer maintenance, etc.

5. Daily Activities

- Daily Habit
For example, open market at 07.00 pm, I will open up the computer at 6:30 pm, see the schedule of today's news, see the chart to analyze according to my system. I will wait for market entry.
After the open position, I will be updating stop loss and targets and ensure they conform to the system.

- Bookkeeping
Each entry position I noted in the book market trading / excel format as I have sedemikiaan way and I will review each day.

6. Disipiln

- Back or forward test test
For example, before I trade with real money, I would do a back test and demo account at least 3 months with money management and risk management.

- Promise
For example, if I am breaking one (1) trading rule that we have made, I will stop trading for one day and find out why I did that.
If I violate 2 (two) trading rule that we have made, I will stop trading for 2 days and figure out why I did that.
And so on.

- Winning trade
I'm not going to over-confidence when our trading profit position. I will remind myself that trading in accordance with the planning is more important than the results that will be obtained.

- Losing trade
After losing trade I will review, learn why is that, and after knowing the cause I will not repeat again in the future. Make sure I get in the market in accordance with the planning.

[azez]

yes bro ia greed with you and it is very easy for us trade after the management and this can be very easy when our all the work is do according to the plan in this way we should be work only for one time to spent time on making a plan and in this plan we should must be add all the need able things and manged all with the market and our profit

[fxmoney]

when you have to place the trade in the forex market then you must have to do proper analysis before and wait for the proper position and if you do this for each and every trade then you will able to get good profit and after few days you will be successful trader.

[shepon93]

Absolutely. Without a proper trading plan and proper money organization rules you can not at all endure in the very risky market of forex.. making a trading plan consists of how much will be your profit and how much u r willing to risk of ur equity..

[iwahyudi]

yes it is true, in fact the key to trading is wait and see and go and be patient. wait and see, it means waiting for the right time to open the order and make the strategy, the intention is to open and be patient if the time is right (the condition of the forex market is oversold or overbought and prices will reverse) immediately open orders and keep emotions in order not to disturb the current trading. If all this can be done most likely can get a profit

[naijafxpips]

Having a trading plan and working with it is the best way to earn the best profits and grow. With your trading plan, it would be difficult to really go against the market. Your trading plan will be a guild on how, when and what to trade.

[pisses[69]]

yes bro ia greed with you and it is very easy for us trade after the management and this can be very easy when our all the work is do according to the plan in this way we should be work only for one time to spent time on making a plan and in this plan we should must be add all the need able things and manged all with the market and our profit
Plan and better skill also, but see in here we have more advantages for trader. in this reason the forex is more popular and every day the trader are increase. i hope forex need more time to be more popular too.

[chakersarfa]

The trade planning is very importante, because without a plan we do not have a profites targets, so we tend to act greedy, because greed can actually hurt us, greedy traders who can not be successfuly and always at a disadvantages, we must accepted a smallers profites !!

[freaky1212]

In foreign exchange trading business, one need to have a trading plan in order to be able to make profit. Trading plan helps a foreign exchange trader to be able to know when to actually open a trade when analysis has been done and how to go about with that particular. So trading plan is very necessary for profit.

[rebate lover]

ke in all other enterprises forex too need a plan for a trader to be successful. its no possible to even exits for about a week without a trading plan as i see it because the high volatility of the forex market will more often than not will wipe out the account in no time. there fore one should always have a trading strategy and a trading plan devised according to that strategy.

[abayomi kolade]

that is very correct we need a trading plan in other for all traders to be very successful in trading and the more you understand your plain the more you get to understand the movement of the market so i will also advise all traders to get more that one trading plan in case there is a change in the market you can easily tell

[hend]

yes indeed, it was very important in the planning we are doing this forex business. because planning would think the steps we must take in all good judgment. therefore planning will make us always be right in taking decisions in the forex business. Therefore I think will increasingly allow us to get better results, and would be getting close to success in the forex business.

[rok]

How to trade Forex successfully - Is It All In The Mind?
There is a theory that surrounds succesful Forex trading. And that is that you can make money from every trade. This theory is not true.
FX Trading is not about being a winner every time. There are going to be plenty of times when you make losing trades. But that shouldn't stop you - all the most successful traders make losses throughout their career. So the question you'll probably be asking, is 'how to trade Forex successfully?
How to trade Forex successfully

[enter]

yes, trading plan is help us really much on got the success from the forex business, all of the trader need to have one of the trading plan first if they are do not have the trading plan make them do not plan which way that they want to choose and also which trading that they need to make

[papop]

yes You Need A Trading Plan & How to Make One - Having ... yourself accountable to something, this is necessary to forex trading success ...

[rok]

How to trade Forex successfully - Is It All In The Mind?
There is a theory that surrounds succesful Forex trading. And that is that you can make money from every trade. This theory is not true.
F Trading is not about being a winner every time. There are going to be plenty of times when you make losing trades. But that shouldn't stop you - all the most successful traders make losses throughout their career. So the question you'll probably be asking, is 'how to trade Forex successfully?
How to trade Forex successfully

[Fibonacci Gartley]

as a newbie you never have a plan thats the main reason we suffer losses due to in experience of trading...as we continue trading and learn through our losses we automatically generate our very own plan and strategy which helps in gaining profits...the plan is then reanalysed according to our achievements or goals. without planing we can not win any business or any other thing. for success need a strong and good planing. but i give more preference to strategy. if i have good strategy for trading than i give the less importance to planing. in my planing i count only how much i want to collect monthly profit.

[perez]

I agree with you, and I suppose we should have something more to be a mainstay in the trade, not only the technical course and seems to require struggle even harder to get there ... well, if so, what are the leak, perhaps know hehehehe

[lakoi]

Your goals should be very clear otherwise you would end up losing your money in the share market. You need to have a successful stock trading plan so as to .

[lionfx]

a trading plan will guide us to get the right way and we do not blind in the market ....
but we need to talk with experiences too, because a plan is a plan and the market always talk with different with us and show the new face every time, did you have some options for some conditions?

[eli]

successful trader in forex trading, surely all that had been burdened, no word of him again, for overload, or in general, they've been able to enjoy or relax to do it, without the slightest emotion that affects him

[zubair1122]

Yes you need good strategy because it is a treading business Without plan and good approach no one can success in any kind of business.But before start treading must read the rules and the regulation. Because without study there is no profit just loss.

[FREEDOM]

A good and smart trader always have a trading plan in the hand. Trading plan is used for entering market and base on the best analysis we made. Please stay away from the market if you haven't any trading plan because the chance to make profit without trading plan is very small.

[inayah]

good analysis will change the percentage of success in trading. Good analysis should be supported by a good MM and psychologically mature as well, otherwise there is the possibility that large losses in once or a few times OP alone. Trading must use logic, consider the pluses and minuses that do OP.

[boniez]

trading plan could be relized if you really do it, so it makes the risks we face will be greater as well. Therefore in every trade we better focus to always learn and do your best. so I am sure we will get better results in the trade.

[roro mendut]

Eliminating risk is a theoretical possibility. In real trading, it's not nearly that straightforward or simple to do. We have to work through reducing the trading risks in our Forex trading career.

[nanoni]

it all started from learning and practicing, as well as knowledge and experience is not directly available, if only thought op profit up feeling to buy or sell may now be able to win but it will not survive in the long term, continue to learn and continue to increase knowledge and train ourselves

[sikil]

the conclusion that successful traders are "trading for living", a successful trader that does not mean its depot traders from 100 to 100,000, but the traders who have a high level of consistency per year and managed to keep its equity not to be undermined by the loss, whose name yes its worth the investment should be up within a specified period, rather than diminished anyway???

[maryam]

successful step in world trade forek:
I think science should know,,
find strategies mature, and profit of course,,,
not too little capital continues to deposit little depot,,,
and much more

[rumi1212]

yes , i think so when it comes trading no one can second guess or sabotage us better than ourselves.

[djmixsamo]

i think that, every peoples must make a plan before enter into any trade in forex trading business. because plan about business is very much helpful for make correct decision for enter into any trade or exit from any trade by taking good profits from that trade. so, must make a plan for your trading in forex.

[freaky1212]

Foreign exchange traders that have experienced loss in this business has been due to lack of trading plan. Having a trading plan helps a lot in determining the success in any trade been opened. Trading plan helps a lot in taking right decision and also helps one in making sure to have a good strategy before opening any trade.

[enter]

Foreign exchange traders that have experienced loss in this business has been due to lack of trading plan. Having a trading plan helps a lot in determining the success in any trade been opened. Trading plan helps a lot in taking right decision and also helps one in making sure to have a good strategy before opening any trade.

trading plan is also helping the trader really much on their trading, so the trader is also need to have the trading plan to make them can make some good trading when they are enter to the forex business

[fxmoney]

i think that, every peoples must make a plan before enter into any trade in forex trading business. because plan about business is very much helpful for make correct decision for enter into any trade or exit from any trade by taking good profits from that trade. so, must make a plan for your trading in forex.
If you do not plan before you trade then you do not like your money. so if you need to earn from the forex trading you must have to be in patience as money you will not get instantly. you have to do the hard work for getting the money. so try appropriate analysis then trade.

[mircle]

Perhaps to avoid a margin call could use Money Management tight so we can keep our accounts are not eroded quickly if we lose, well disciplined Discipline is very important in running a trading system that we have, and also the self-control to avoid overwhelming emotion

[moonletter]

Every trader must have a plan and a strategy to achieve a success. but success in forex trading is not obtained by a brief and easy, it takes time to learn, experience and never give up. It can be used as the basis for success here.

[uknim]

I think it's that sense relative experiance, why can ONLY a trader learning experience for many but not systematically so that the trader only has the experience and it's just a lot going on,,, it's in my regular systematic (orderly) who were behind the first precedence neglected in favor if the analogy such ,,, so I concluded the first study we did was learn the indicators then learn fundamental obligation nah MM and psykologi problem is born of true experience in technical and fundamental explore this, sorry this is just a personal opinion only,, discuss with wise manner

[wulandari]

Every trader must have a plan and a strategy to achieve a success. but success in forex trading is not obtained by a brief and easy, it takes time to learn, experience and never give up. It can be used as the basis for success here.

thats why we need some proper trading plan included with good money management, with these i believe we can make profit consisntent in forex for a long time :)

[yudijoni]

When we buy and when we sell, how to find the best business trends and how those trends, the trading plan is the most vital issue in forex , you cannot be a good trader if you not doing It.
A trading plan to increase your account balance by investing. we should set our target and make strategy to achieve our target. Good trading plan is key to success. :)

[sikil]

as a trader we have to know - what are things that would cause us to profit that we produce can grow bigger every time, because the barometer of success that we see from the amount of profit that we can, and plus more consistent attitude that we managed to implement.

[erwin]

please just use one system that is easy to understand ... and then practice for a few months
sometimes yes ... new loss the trader several times already bad when the system considers the possible interpretation of the signal by the trader is wrong

[Lyubov]

thats why we need some proper trading plan included with good money management, with these i believe we can make profit consisntent in forex for a long time :)

yes, we need a trading plan to manage our account balance by investing. we must set our target and make strategy to achieve our target. we must have powerful perspective on this industry how it doing. without taking a plan we ca not advance a step then we must discipline to follow our trading plan.

[saim]

yes bro i agreed with you we should must have plan for trade before the trading because we should must be keep in mind which strategy can be good for our trade and from which we can got much profit and the main thing if we will mange all pour capital according to our strategy then we will must be succesfull and all the things will be according to our plan

[kila]

The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,

i agree with you that we need plan to be a successful traders. Without plan or strategy you might risk a high potential of loss. If we want to stay longer in this industries we need to make a better plan.

[johntra]

i agree with you that we need plan to be a successful traders. Without plan or strategy you might risk a high potential of loss. If we want to stay longer in this industries we need to make a better plan.

I experienced loss I learned, I was not ready .. and too hastily .. determine the proper position for the OP are still guesses .. do not have a base, is now finally starting to see what is in the search .. achieve remedy fervor ... will not easily give up

---------- Post added at 08:09 PM ---------- Previous post was at 07:51 PM ----------


Perhaps to avoid a margin call could use Money Management tight so we can keep our accounts are not eroded quickly if we lose, well disciplined Discipline is very important in running a trading system that we have, and also the self-control to avoid overwhelming emotion

self-control over their emotions, punctuality and knowledge base is very useful to make our discipline and grow in this business .. always do the best for good results .. continue to fix what went wrong and develop decree anything good in the process of achieving this goal in forex, nothing is impossible .. I am also still learning to be consistent with what has become a trading rule that I created

[bhagawanta]

yup!trading plans is the main foundation in trading..we use to build the best plan to reach our target,money management,analysa technic and trading technic should be planed!!by planing all the preparation beffore trading,i believe the result that we got is more better and satisfying!! goodluck!

[zaish]

yes bro we should must be have a plan about the trading and in this way we will must got knowledge and this will be est for us and we should must be got much money from it and we will must be very good in this and we should be trade with our trading plan and our plan should be depend on the management of money according to the trading strategy also

[cempetrader]

The key components of my trading plans are:

1- Trading Concept: What do I trade? Why do I trade it? My goals from the trading process, and a self analysis of myself my strengths and weaknesses, areas I want to develop in my trading, how to handle drawdowns...etc

2- Game plan preparation: How do I prepare for the day? What do I look at? Premarket checklist since I trade equities...etc

3- My weekly gameplan process: How do I prepare for the week?...etc

4- Market Analysis: Environment recognition, sector industry analysis, volatility assessment, fundamental analysis...etc

5- Trading System: Types of trades, entries, exits, reading market internals techniques...etc

6- Money Management: Position sizing, trailing method, exits and entries according to environment...etc

7- Activity Assessment: When am I active? When do I stay away? When do I add? When do I trade half size?...etc

[kaushal4]

There are every profession has a plan to become a success. Forex is a world wide famous currency trading market.
Without trading plan for trading in the Forex market is so risky. So it is obvious to have a trading plan to be successful
in the Forex trading.

[trader bank]

ia gre ,I presume that forex is the platform where trader can trading as pert time or full term basis and trader have need to create plan on term based for achieve goal.a plan is like a ble print or procedure for us to show the right way then we can trade with better and safely and also we have prepared some options to overcome some conditio,good job

[singh adnan]

I think it is very good idea. Trading plan is a must in forex trading business. It will guide you in your daily trading activity. But, it is imporntat too to make your trading plan realistic and achievable. Some trader make too high daily profit target and hard to achieve. And when they trade and can not achieve that target, they will going mad and open any trade without analysis. It is very dangerous.

[frok]

yes bro i agreed with you and we have a need here to got the succesfull in this and i will must be want to make a plan for my all month trading and this will be best for us because in this way we can mange all our money according to the trade so we should must be have a good plan and tried to work according to this

[erwin]

Treating live account demo account as very useful for improving the quality of trading, especially for measuring the accuracy of the system and profit projections within a certain time. However, it would be quite difficult to feel or emotional factors add to the demo account. This may occur due to any loss on account demo we do not feel there is a downside. If you want to practice better emotional trading in live accounts in cents account.

[asfi27]

success comes if the the work done with plan.a good trading strategy is needed to survive in the forex market.the longer you can stay in the market the more you can earn from it.and for longer time staying in market you need a good trading plan include a good risk management

[mudassiransi]

regards all,
Please permit posting lessons, reflection, and experience trading as Nubi fields, which through all that, now little more maturity to form a trade in a more smart, not only the spirit and heroic as well as wishful thinking exorbitant profit.

Here's colleagues, saying said the experience was a good teacher, and it is indeed true that I feel after the trading process as Nubi fields so far. Through the ups and downs, scrambling and stumbling, and then cooling Dawn - evaluate and learn, learn, learn.

I compose a patron / archetypal Laing did not I think is the basic region into an area that should be the main orientation of our trading, so the profit is not just a mirage.

1. First, the way this business works, and its characteristics
2. How to manage your finances from the existing capital to grow much larger through the profitable management.
3. Setting up a trading system that is not too complicated, but effective and profitable.
4. Analyzing the price movements through a technical approach
5. Analyzing the market situation and predictions with the help of fundamental factors, namely How to address the fundamental news that can move the price of a currency
6. Own and control capital and risk management are accurate
7. The ability to manage emotions so that a trader far from being greedy, greedy, fearful, or hesitant
8. Good habits: make trading plan that's right, not speculative or spontaneity.
9. What is often forgotten: you recognize a good broker, make sure he is as true brokers, regulated, good reputation, does not play back the hidden, the spread is small and does not stretch / elastic, fast servers, and actually pay.
10. Do not forget,patience and discipline.

[sweetrevenge88]

That is right,we should not enter the market if we don't have a good trading plan because any trading with out careful planning will always result to heavy loses in our account. We can't predict market direction accurately and the only thing we can do is have a good trading plan.

[Smith89]

to be successful you need to have good knowledge about trading and also need to understand that market does not make mistakes it is we make mistakes and that is why we loose

[quine]

I think it does not there is more lucrative trade of forex and all those who entered the Forex
Know this well and impatient loss until they reach the profit Because it is easier than other works Any one can learn

[mumun]

In my lack of knowledge regarding both fundamental and technical analysis only as guidelines for forex transactions, as transaction without guidance that yes it would be difficult, as for the trader can practice using different techniques sam one another, but essentially only one to produce profit by not forgetting the basic principle is always to use SL on every order

[maryam]

break it once again because you messed up mentally, better refreshing common sense first let me go back, I'll be abis chaotic capital when mental again ... learn from the mistakes ... is not easy to be a successful trader .... failure is success pending ..

[Tsumi]

For me I think having a Trading plan is for starters cause in time you'll be using your experience in Forex trading. But of course if you have both its a good thing cause you have a trading plan + experience in trading you'll know have the knowledge of what to do and what not to do.

[moshiur]

Many those people who are enthusiastic about studying how to become rewarding dealers will need simply devote a few momemts on the web just before studying these kinds of terms since "plan the business; business the plan"

[roro mendut]

The traders who follow the basics and trade with real concentration can make money.Only thinking of getting quick money will not make anyone successful.Everyone likes that thing and comes to trade but at the same time trading teaches us many things like discipline and dedication

[djmixsamo]

we all forex traders must have a trading plan for trade in forex trading business because it can gives you the future picture for how to trade in forex and earns from this forex trading business. so, must make a plan for trade in forex trading business with a good trading trading strategy for trade in forex trading business.

[fxmoney]

we all forex traders must have a trading plan for trade in forex trading business because it can gives you the future picture for how to trade in forex and earns from this forex trading business. so, must make a plan for trade in forex trading business with a good trading trading strategy for trade in forex trading business.
when we trade on the demo account we will able to know much more about the movement of the pair so we must have to learn the impact of the fundamentals on that pair and according to that plan to trade on the real so that we will able to make profit from the real account trading.

[ObaFX]

yes a trading plan is very important for all forex traders both new an old to enable them make sound trading decision and overcome bad psychology that arise as a result of consecutive losses in the market

[mircle]

Do not let yourself be satisfied. up and down you can make money, to be in the slaughterhouse greed and for that discipline would be rich ...

[nanoni]

"SUCCESS TRADE" if called easy but hard to live, it's about 4 years I dabbled in forex but the hem has not been successful, a variety of indicators and strategies I use it a day or two matches the next day appointment to a job anymore but it used to be gold, and now already little better even always profit.

[preeti]

i think ,if you want to get some success in market then you have to make a proper plan about trading then you can get some success if you will not have any plan then you can not get proper success of market

[Blackspider]

The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,

Without proper strategy and plan for trading , you can't win in forex . You see market is very slippery and tricky so we should learn properly about it . Also before every trade we should make plan about that trade to become successful . Also follow good strategy to become success.

[challenger ab]

yes we need trading planning to enter the market and to understand all the current event in the market because planning make us trade on basic but not just trade randomly or without any knowledge so i think we must think about good planning to protect our trading from loss

[fibo]

yes we need trading planning to enter the market and to understand all the current event in the market because planning make us trade on basic but not just trade randomly or without any knowledge so i think we must think about good planning to protect our trading from loss
if we already have a consistent profit trading system then it could become part of how we feel in us financial freedom from this business going forward and I am sure all the merchants that are here want how to have a consistent system of profit

[marsya]

if we already have a consistent profit trading system then it could become part of how we feel in us financial freedom from this business going forward and I am sure all the merchants that are here want how to have a consistent system of profit
trading experience we have I will make sure we have the skills that are important in this business we have the patience then ****ually the skills that will awaken by itself because many traders who can not wait to trade with too great a hurry even get out of this business and they do not get any

[cgahcna]

Certainly every business need plans ,the plan is good think for the success .The forex is a criticals business i think it ,and experiences is also need for the success so i think every traders need trades plans and forex relatives knowledges !!

[didikfx]

Certainly every business need plans ,the plan is good think for the success .The forex is a criticals business i think it ,and experiences is also need for the success so i think every traders need trades plans and forex relatives knowledges !!

The plan is to be made by the traders each period because sometimes plans can change. At least if we have a plan then the way we work will become more purposeful and systematic. In contrast, if the trader does not have a plan she would not be disciplined in trading.

[iwahyudi]

there may be some people who open a real account with no time to practice and learn enough not even have a reliable strategy, they do this simply because they felt they had made ​​several advantages in its demo account. By opening a real account without sufficient training and have reliable strategy is like a Formula 1 race without using the circuit

[pavais]

If I think that risk should be taken no more than 5% only account so we can last a long time, it all depends on well with each trader's style, because if you are using scalping techniques often risking bigger too.

[hend]

indeed each has a different calculation strategies in managing their money. but clearly the use of money management, we should be aware of the risk that we may receive. so when did we have to lose, it will not ruin our psychology, and we will become more accepted as a consequence of the loss of what we do in this forex trading. It is therefore important to fully understand the risks well.

[kajuulraj]

yes you are right, we will not succeed in our business fact the number of traders who are less successful in their appeal that always get the loss and even many of those who chose to stop in forex if we do not have a good plan and we can not discipline our plans, but to have a good plan requires a good knowledge and good skills.

[rahim]

How to trade Forex successfully - Is It All In The Mind?
There is a theory that surrounds succesful Forex trading. And that is that you can make money from every trade. This theory is not true.
FX Trading is not about being a winner every time. There are going to be plenty of times when you make losing trades. But that shouldn't stop you - all the most successful traders make losses throughout their career. So the question you'll probably be asking, is 'how to trade forex successfully?
How to trade Forex successfully

[fxmoney]

If I think that risk should be taken no more than 5% only account so we can last a long time, it all depends on well with each trader's style, because if you are using scalping techniques often risking bigger too.
Style of trading is different from trader to trade so you must have to determine your style of trading after that you can decide the risk that you have to take so that you will not blow whole of your account if you use high risk for your trading. so risk management is very important part of the forex trading.

[Danangfx]

Style of trading is different from trader to trade so you must have to determine your style of trading after that you can decide the risk that you have to take so that you will not blow whole of your account if you use high risk for your trading. so risk management is very important part of the forex trading.

Each trader's trading style is different and you have to try the demo account trading style that fits you. Planning everything is good in trading so that you can generate huge profits as you would expect. Never give up when you fail, continue to make plans and take action.

[Yovraj]

I am a new trader of forex , Like others I think that without a proper trading plan and proper money management rules you can never survive in the very risky market of Forex. Thanks for this question ..

[endah]

one way to succeed in forex trading is be smart and informed, Not intended to support one of the private TV, but be a smart trader. Smart had a base here is why should Buy and Sell why. That means you must research the market Fundamental and Technical.

[adnan10076]

jee han bilkul forex me trading k ley plan bnana must hy, q k koi b kam jo hum next tiems k ley kr rhyho hum usky k ley plan must krty hy so esa forex me be hy oor achy plan k bgher success hasil krna mumkin nahi hy..

[CreolaPitaj]

How to trade Forex successfully - Is It All In The Mind?
There is a theory that surrounds succesful Forex trading. And that is that you can make money from every trade. This theory is not true.
FX Trading is not about being a winner every time. There are going to be plenty of times when you make losing trades. But that shouldn't stop you - all the most successful traders make losses throughout their career. So the question you'll probably be asking, is 'how to trade forex successfully?
How to trade Forex successfully
There are huge trains of discussion that run through forums, communities, text books and guides that attempt to determine methods of successfull forex trading. And while they all have different theories and thought processes, the core principle stays the same: You simply must apply your mind.
If you want to know how to trade forex successfully, then you need to know how to master this skill. You could have the best game plan in the world. You might have a trading plan that is made of gold. But without hard work, self-discipline and persistence, this solid-gold plan is useless:
� Hard Work. You simply must dedicate yourself to learning whatever method you are using inside out. You must be able to execute it in your sleep.

[ashwini]

pahle app decide kare ki app kitna amount kamana chahte hain. then yeh regular kamana chahte hain yaa fir 2-4 month main ek baar kamana chahte hain. to app ki plan ussi ke hisab se banaye. 2-4 month main ek bar kamai karne wala plan aggressive hoga. aur regular income karne bala achha hota hain. to ussi hisab se app kitna leverage use karenge kitna ka order lenge.. kiss style ko follow karenge., kitna pips kamai karne ka target rakhenge yeh sab plan ka hissa hota hain.

[wasimanjum]

this is q good topic for new user .ku k forex tradin ik aisa business hai jis ma ap phlay demo pa practice kray phr ap jb real acount bnay to acount opn krnay sa phlay ap plan bnay k markete ki kia position hai. k kis time kia sell krna hai or kis time kia buy krna hai. agr apka plan ni to ap money loss kr saktay hai.

[kismujas]

absolutely. without a proper trading plan and proper money management rules you can never survive in the very risky market of forex.. making a trading plan consists of how much will be your profit and how much u r willing to risk of ur equity..
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[mircle]

Steady tips though only 3 points, it can be translated into more.
I'm in the process of the second and third, the strategy already share a lot in this forum
sometimes when it happens to us, things that we think is logical to analyze, became inevitable because of our own ego.

[roro mendut]

Forex is not a market for profit only, but is market loss also. Any trader enters to the world of forex first thing he thinks is how to get to achieve the money of the many in a short time and forget at all how I'm the Forex is dangerous and how he can profit from this market

[zahira]

Forex is not a market for profit only, but is market loss also. Any trader enters to the world of forex first thing he thinks is how to get to achieve the money of the many in a short time and forget at all how I'm the Forex is dangerous and how he can profit from this market
Just stick on good plan and management, we are in the business of making money and to make money we should know how to manage it. Trade only a small percentage of your account , the smaller the better usually 3 percent of your capital recommended.

[titasroy]

Think of when you use a GPS device. You enter where you want to go. It then figures out where you currently are and then shows you how to get to where you want to go. You're able to constantly check on your GPS to see if you're still on the right track. When you make a wrong turn, it knows to me.

[budis]

it is very difficult to consistently apply our patience in trading activities ...I have experienced myself, .. although it has been able to survive in five months and got a consistent profit, but because of one mistake, I became lost patience and cause me suffering from a loss of $ 750 in a month ..

[SeoHyun]

it is very difficult to consistently apply our patience in trading activities ...I have experienced myself, .. although it has been able to survive in five months and got a consistent profit, but because of one mistake, I became lost patience and cause me suffering from a loss of $ 750 in a month ..

Trading plan is a must for me, because whatever use plan will gives us better results, so as a trader we need preapare all of our plans about money management and risk management too. We can't just use gamble methods in this bussiness.

[shanmun]

People Those who are employed then also work with forex in rest time because it is on line programe and it is always open. So forex is a way of Income for man those who are gather knowledge ...........

[roro mendut]

we can depend on forex for our living and make money by trading in forex but it has many factors to it which is a trader must have required skills and abilities and he must be willing to do all the hard work and spend his time

[Soul Fly]

what type of trading plan i should make? could you explain please?

[m1ndsrokk]

Trading plan is a must when we make a decision in trading...we must prepare our self for wrong analysis we made...that must any plan B for everytrade to handle our loss...for newbie must make their own trading plan and put in on their strategy

[kash]

yes bro i agreed with you and i think we have a plan for the trading and we can easily got the profit with this because if we will manage all our trading work then it will be easy for us so we should must be make a plan for us and for our trading then we can easily good in our strategy and it will be easy for us according to our plan

[FREEDOM]

I disagree if the trade scalping (trading slightly, ie 5 times a day) too little profit. This is actually just a matter of how the results are to be obtained. With scalping trade, we can know the result and (or) loss we derive immediately. For instance if we use the scalping large lot, then of course the benefits are also greater, with a large equity, large lot, and OP in a double time or even more, of course, results will also be great .. CMIW
Yes i am agree with you bro. It is depend on our trading plan for scalping way. We can plan 20 or 30 times a day for scalping and make some target for that. If our scalping strategy is very well then we can earning a lot of money.:)))

[Gumukr]

yes of course. i think if you want to become a effective investor you must have a software system. you can research industry and can implement new technique in a trial consideration if they are effective then you can implement them in stay consideration.

[didikebenaran]

I disagree if the trade scalping (trading slightly, ie 5 times a day) too little profit. This is actually just a matter of how the results are to be obtained. With scalping trade, we can know the result and (or) loss we derive immediately. For instance if we use the scalping large lot, then of course the benefits are also greater, with a large equity, large lot, and OP in a double time or even more, of course, results will also be great .. CMIW
If technical issues will probably trade back kepadang each if it's true they have the skills in this trade then it will all be good for them and this will make them will benefit according to their proficiency essential ourselves our own trading plan well

---------- Post added at 08:46 PM ---------- Previous post was at 08:45 PM ----------


I disagree if the trade scalping (trading slightly, ie 5 times a day) too little profit. This is actually just a matter of how the results are to be obtained. With scalping trade, we can know the result and (or) loss we derive immediately. For instance if we use the scalping large lot, then of course the benefits are also greater, with a large equity, large lot, and OP in a double time or even more, of course, results will also be great .. CMIW
If technical issues will probably trade back kepadang each if it's true they have the skills in this trade then it will all be good for them and this will make them will benefit according to their proficiency essential ourselves our own trading plan well

[goodprofit85]

Yes all trader need a trading plan to be successful in trading. I always believe without trading plan no trader can gain success in Forex trader because trading plan is the most important part for success in Forex trade.

[aptx4869]

Yes all trader need a trading plan to be successful in trading. I always believe without trading plan no trader can gain success in Forex trader because trading plan is the most important part for success in Forex trade.

I have same opinion like you my friends, forex is very high risk business. we must know about that, we need focus to our trading plan. Always stick to our plan. Confident and good discipline will bring success to us. Because of that, we must know how to make our strategy under control. always obey your rules. Never think you will gain success if we are break our management.

[bceharun]

Of course..I believe every business have to business plan and technique. so here are also need to trading plan before trade. without plan no one business to be successful. so i think forex need to learning and strategy and apply plan before trade in real.

[rohankobir]

Think of when you use a GPS device. You enter where you want to go. It then figures out where you currently are and then shows you how to get to where you want to go. You're able to constantly check on your GPS to see if you're still on the right track. When you make a wrong turn, it knows to make adjustments, and it points you back in the right direction.

[chakersarfa]

I believe that we all need to trading with the good planning because randomly trading not give us any profites but only loss so we must rearranges ours thinking and study the markets the good with ours systems and the conditions of the markets if it,s very good and moving good but if the conditions very bad the better to saves ours money and our capital from any risks or the adventures !!

[swatjazz]

Yes, I need a good trading plan to be successful in trading because trading is a mind game where we need to take quick decisions and sometimes we can not take good decisions in hurry so it is better to plan all the decisions before starting trading. Almost all the successful traders have better plans.

[azharfx2]

Every trader has a trading plan by which he can trade, i prefer scalping because i am a student and i am a short time trader. so it is the main thing to me to learn for the long term trade,thank you. i am trying .

[waqasma]

In my view always use demo accounts for practicing new strategies of trading and if u find them successful then apply them to your real account so that you can earn good income. I always do that and now i am a successful trader because i always let the hit tp or sl no matter what happens. A trader must have profitable plan and strategy for trading in any currency pair.

[iwahyudi]

Every trader has a trading plan by which he can trade, i prefer scalping because i am a student and i am a short time trader. so it is the main thing to me to learn for the long term trade,thank you. i am trying .

is for traders with limited time to spare should use scalping techniques that target small profit in the short term, although a bit but if collected would be much too, but be careful because there is usually a short term many false signals, still keep emotions and never to tempted to be greedy and fearful when trading because it will make you lose

[ishvara]

Yes we all need to possess a very good trading plan in this business in order to have an improved plan of a success. Trading planning is not something that is hard, we can easily achieve it if we are serious to learn it.

[babayuyu]

You need a trading plan to be successful in forex trading business. We recommend that you test your trading plan is for a week or more can not generate a constant profit. And you have to continue to improve your trading plan from any mistakes and implement a trading plan with discipline.

[abayomi kolade]

yes that is very correct we really need a trading plan to be successfull in trading because the more you understand your trading strategies and indicators then you can tell the very best direction of the market and get the best price out of the market and also tell when there is a revers in the market and point to exit the trade

[hend]

was planning to trade it was very helpful to us more regularly in trade, because of course we are planning will always think of the right steps in each of our trade. so that when we make our plans and trade according to plan, it will make trading more minimal risk of loss, and the more likely it will get good profits. because it is important for us to learn to make a plan to trade.

[nanoni]

to to success is also important to distinguish between respect for the market and the fear of the market. This becomes quite essential for ensuring respect for the market capital-me awake. you can not win if the fear of loss. fear will keep you from the right decision

[shamim686]

Yes, you need a trading plan to be success. IF you have no trading plan you can not be success from there. So you need to work hard.You need to use your own strategy. If you are want to a good trader you can use some trading experts rules and which you can do you can use it on your own strategies.So you need a trading plan to be success.

[bunty]

There different opinion of differrent people I think before we open any real account we must have our own plane .. we must have strong view and understand this market how it works . when we sell and when we buy . how to find the good trend and how to trade with the trend.

[monir01]

Thanked 0 Times in 0 Poststrades,A good trading plan makes usmore focused trading, whilethe things we do not want tohappen in the trading, it is aconsequence of each trader,but the important thing ishow we manage our marginsto continue to grow asexpected.

[Yovraj]

I am agree with you that every trader need this trading plan .Because without a proper trading plan and proper money management rules you can never survive in the very risky market of Forex. . Thanks for this question ..

[biplob]

Every person should maintain his business with a plane.So if you want to trade forex market then you should build a big plane for this market.Without plane you can not stay in this market much time.I build some big plane for my trading .

[10pips]

yes, we need to having it, some trader is do not think that the trading plan is really important for them so they do not use the trading plan, and then for me actually the trading plan working too much important for the trader all of the trader needed to having it

[iwahyudi]

yes, we need to having it, some trader is do not think that the trading plan is really important for them so they do not use the trading plan, and then for me actually the trading plan working too much important for the trader all of the trader needed to having it

there are many traders who trade without the use of good planning, the result would not be the focus, and I'm sure it will not produce anything, to succeed in this business must have a strategy and discipline to run, if it does not have that then I'm sure a trader will be more loss than gain profit

[mircle]

opinions are worthy of appreciation we should think logically is if we are not able to profit consistently never use much less disposable monthly requirement for trading debt events do occasionally ...

[sugie]

The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,

a planing to organize everything and to plan carefully for the next trading it is necessary at all, as well as time management, money management and other management to support the next trading

[nanoni]

therefore due to the trading course is not flat and not easy to go through, then if we want to get the success of this business should not bother trying to fight and besides that we have durable steel and mentality that does not give up easily.............

[maryam]

very true, just use the money that we are indeed ready to lose it as capital to be successful trading. If borrowed capital will greatly affect the emotion in trading, could - could easily provoked OP even less analysis that even so the loss. If emotions are interfering in trading will be very difficult to achieve success in forex trading business

[fxmoney]

there are many traders who trade without the use of good planning, the result would not be the focus, and I'm sure it will not produce anything, to succeed in this business must have a strategy and discipline to run, if it does not have that then I'm sure a trader will be more loss than gain profit
Those traders who really want to gain consistant profit from the forex trading they always try to trade perfectly and they have good patience while trading and they do not try to vertrade in this market. That is their plan to trade in the forex market.

[aymena]

Hello
anything need a plane in this life ... and to start a real trading ..successful one you need a good plane to manage your money and a good strategy and keep amotions away
thanks for the thread

[romeofx]

become a profitable trader you need to a trading plan with strategy. Money management , risk management , news analysis, for beginners how to spend learning time , when you read book to analytical power improvement all are hard work if you do the work proper way you must need a plan.

[fikram]

it is easy to develop excessive fear and worry that if we do this trade with borrowed money is better try to do this with no matter how much trading capital that we have in this trade

[suzonbmw]

Guys,The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,there are important points in determining the framework, the nature of markets, strategies, and management. above is my trading plan before the open position, if you can master these three, to achieve the profit would not be difficult for you.

[SeoHyun]

become a profitable trader you need to a trading plan with strategy. Money management , risk management , news analysis, for beginners how to spend learning time , when you read book to analytical power improvement all are hard work if you do the work proper way you must need a plan.

Succesful in trading is not always we have to need good trading plan, because when we have good trading plan but we are not discipline to obey that rules we will break that plan it self. So we have to be discipline to obey our trading rules.

[markoto]

means the system of traders who have succeeded in secret, but as a beginner I usually mimic the trading system that already exists, the creation and use of indicators is also a master trader, it may take long to be successful in forex

[david24]

any business can not sustain long time without a good business plan ,as forex is a business, so we need a good trading plan which give me single ,what we should do and what we should not do .we can not become a successful forex trader without a good trading plan because every good trader has a own trading plan .this trading plan indicate me which %of risk we should use ,how many pips we need daily etc.

[zeb]

It is absolutely essential to have a trading plan in writing before you begin trading. Do not take this statement lightly. A sound trading plan is one of the most critical pieces to your success in trading. Without a trading plan, you will be prone to inconsistent and erratic trading with a lack of confidence that will eventually drain your trading account.

[maalam]

i also think that every trader should make a trading plan to be successful in forex trade.but it is not the end that you make a proper plan it is more important to continue your trade according to your trading plan and become disciplined.

[bilalpakistan]

yes, i agree with you,
if u want to be very successful in traidn
you must have a trading paln

[mumun]

my suggestion,,, do not be too trusting with new techniques and new systems that we do not test for yourself whether the technique is suitable or not with us.

[buntysaha]

A trading plan will make trading simpler than it would be if you traded without one. Think of when you use a GPS device. You enter where you want to go. It then figures out where you currently are and then shows you how to get to where you want to go.

[wadoodfx]

Yes to Survive in the Business like Forex.... You need doubt proof trading plan which always works even when Market is suffering from bad situations! Then you survival can be Possible!

[rebate lover]

Of course i need a trading plan to be successful in Forex. Cause without planning one can't be successful in any business. And Forex is not an easy business. So, we must plan and we also have to work hard to do well in Forex trading.

[Chaudhry]

g han ap ko successful trading kay liye achi technique use kerna ho gi ap achi forex strategy plan ker kay ap achi trading ker saktay ho ap trading ka best time pe trade kero analysis ko read kerein or articles ko read kerain or achi strategy use kerin

[Taraq]

Of course it is a very good thinking to a plane in Trading forex.with out planing it is very optentic your invest goes loss fully.so start with learning about forex and finally you invest your capital in
Forex trading.That will be your wise desicion.

[dodo1122]

Peace be upon you and God's mercy and blessings
��ć��ě I always prefer capital management plan good
I always see it self-term plan

[mumun]

capital strength is also a determinant of success in the trader, imagine if the daily movement of 200 points before turning direction then we should have a resistance of 200 points also to start earning profits again

[mohamed4]

The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,

You have to have a clearly defined Forex strategy for large profits. Must be your Forex strategy can help you decide on the appropriate time to enter and exit the market. After that you can form a good strategy, you will be able to reap the rewards.
:peace::peace::peace:

[bhagawanta]

i agree with you!thats way we needs a good trading plans!!we must built a good money management to avoid the bigg loss,try to be patient waiting the right momment to Open Orders,and dont be dominate by greed,because greedness will destroy all of your plans and strategies!! goodluck!

[mircle]

so, why the numbers do not change, but I also count statistics
rather it may be a myth, which is not easy to survive in forex
and not to be eaten quick success in forex, there actually die sooner (MC)

[sharif khan]

in this Trading plan should be compulsory before trading in live market.Without a good strategy might we be in vain in the movement of forex is really cruel and irregular.Those who win must have a powerful strategy that can win a lot of profit from the forex market. It is the trading plan that make our trading obvious and managed. Without management and ordered trading we are just like gamblers. Trading needs plans

[perez]

surely if we understand very well that you will probably be able to become a successful trader, but it is possible for traders who already know will be as easy to use it, but for the newbie could use it but need time to understand three things.

[Adaja92]

this is not easy to find out a good strategy or plan that is very effective to successful in Forex. for this reason we have to known very well about Forex and its business conducting way. of course yes to get success we have to prepare a better trading plan. i agree about this thinking.

[nahidahasan]

I know that planning is a crucial part for Forex but i have one question in mind that what are the characteristics a plan must have to do a better forex trade? I am a newbie and i want to get some experience help from you..

[Yovraj]

Everyone have an opinion of his own about everything . As a trader I have an opinion that without a proper trading plan and proper money management rules you can never survive in the very risky market of Forex.So I can say that a proper trading plan is so much important .

[hammer]

with good planning trading, we will have a good management, profit and loss targets should we set to avoid being greedy and trading risk, as we know, every job requires proper planning,. order to successfully perform the job

[anowarbd]

Yes, Planning is a vital component to trade a successful business. Everyone needs to plan for any work as well as at trading. A good planning makes work more easier and better to gain profit and to have mental peace and satisfaction. so the importance of planning at trade is beyond state.

[eli]

newbie mindset for this is that it can quickly get money a lot of business this forek ..
turns out to be otherwise alias is up a lot of money eaten together the forek ...
newbie want to learn even more serious business to be consistent in this forek ..
newbie mindset may be changing slowly.

[markoto]

Right you are three components that must be integrated not to rupture. Trading does require patience and a high level of emotion that needs to be arrested as well. If we are not able to control their emotions better not trading, just watch.

[eli]

margin call is not expected by all traders, but there is good news in terms of the mental as it is delivered. the incident could increase the motivation to learn more and improve what is wrong in trading?? from the system or from yourself?? and it could be answered by you own.

[raforex]

How to trade Forex successfully - Is It All In The Mind?
There is a theory that surrounds successful Forex trading. And that is that you can make money from every trade. This theory is not true.
FX Trading is not about being a winner every time. There are going to be plenty of times when you make losing trades. But that shouldn't stop you - all the most successful traders make losses throughout their career. So the question you'll probably be asking, is 'how to trade Forex successfully?
How to trade Forex successfully

[Rak]

chaye aap koi bi business ya kam karo ,statergy ke bina aap kuch bhi hasil nahi kar sakte.Forex amin to bahut hi jaruri hai.kyo ki yeh ek risky market hai or agar aap ki statergy good nahi hui to aap is market main long run tak survive nahi kar sake ge.

[babayuyu]

To be able to make trades and earn profit trader should have a trading plan. Trading plan should have been tested and can bring in profit. Traders need to use a disciplined trading plan to be able to bring in a constant profit.

[perez]

less than 5% in fact, I've read even just 1% successful. it still continues to think of what may come in the 1% ..

[nanoni]

forex is capital is very important ....

what are the chances we are to succeed in forex is highly determined by the capital
after the new system.

There Trader who only know sell and buy but could earn millions per day ...
and it happened because of the capital ...

[mircle]

The question, how are assumed to be true it how? Surely you already includes experienced traders who already have the answer right? Although it is true according to you, should be shared dong here's how!

[libertyreserve]

Any business never can't be established without strong plan.
Tread business depend on some plan such as money
management. So we should huge study and practice
before treading properly.

[iwahyudi]

Right you are three components that must be integrated not to rupture. Trading does require patience and a high level of emotion that needs to be arrested as well. If we are not able to control their emotions better not trading, just watch.

it's useless if you have a good trading plan but can not control your emotions, for example if you can not control the greedy nature of the analysis, and I'm sure all your trading plan will not work because you prefer the emotion, and the results will only cause harm to you. This is why it is often said that a trader's biggest enemy is himself

[eli]

I think we have to use because all three are equally important. if we forget one of them we could fail. The master was also frequently use the third.
if you can not be utilized in the other one as well ..

[djmixsamo]

plan in forex trading business means make the guide lines for how to trade in forex trading business and when to enter and when to exit from a trade in forex trading business. so, all forex traders must make a trading plan for trade in forex trading business and for earn good money from this forex trading business.

[executor]

The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,

Planning is absolutely essential in any job field. We are trading to yield a goal, so to achieve the goals we have set up a mature plan. Starting from the preparation before trading up to the stage of implementation in real trading.

[goodprofit85]

Yes we need trading plan for success in Forex trade because i always believe without plan no trader can success in Forex trade. I think plan is the most important part for success in Forex trade.

[bhagawanta]

yup,thats true!without trading plans we can not trade properly,how can we be a good trader without trading plans,its not a gambling we cant deppends on a luck factor,what we need is plans to success in every trading,and a good plans needs a good knowlwedge and skills and knowledge and skill is built from learning and practicing!!goodluck!

[sikil]

successful societal step easy in theory, but in fact much more likely to fail than succeed in the world of forex. because the practice forex is risky business, so we must learn psychology can be mental when floating down

[amni570]

According to one of the IMF�s chief economists the IMF did not help the eurozone and the drop in the economic activity, which is well above expectations, will be seen. There is a concern about Spanish and Italian bonds. The countries were paying lower interest loans and if these member states do not ask a bailout they have to pay...

[yaminpsm]

absolutely. without a proper trading plan and proper money management rules you can never survive in the very risky market of forex.. making a trading plan consists of how much will be your profit and how much u r willing to risk of ur equity..
The two methods that are most often used are called technical analysis and fundamental analysis. Both methods differ in their own ways, but each one can help the Forex trader understand how the rates are affecting the currency trade. Most of the time, experienced traders and brokers know each method and use a mixture of the two to trade on the Forex.

[malik]

Trading plan kay bghair earn karny kay barry main to soch bhi naheen ja sakta, is liye aik plan lay kar hi market main enter hona chahiye agar aap empty mind lay kar market main jain gay to phir empty hands hi market say wapis niklain gay.

[suhasrn]

A good Trader always go with proper plan,management & goal. In my view we should have a written plan of Investment & goals to achieve. This works as a guide in our Trading activity. Not only a written plan but good market strategy & technical analysis leads to successful trader.

---------- Post added at 01:17 AM ---------- Previous post was at 01:10 AM ----------

Yes it is correct that to survive in Forex market for long run , we have a Trading plan. With a good plan & management one can be a successful in Trading. Planning & management is a part of success in any field.

[eli]

I think that measures success in forex trading is to know what is forex, can use the provided broker platform, maintaining stable financial arrangements, and understand market movements.

[abdurrehman]

The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,
My dear friend . hamen apne real account ko open karne se pehly apne trading plan ko sochana chaye k ham ne kis plan se trading karni hai .aor yehi trading plans se hi hamen profit hota hain ya loss. agr trading plan behter hoga to hamen profit ho sakta hai aor agr trading plan gult ho ga to hamen loss bhi ho sakta hai.

[newtrend]

Yes, i agree with you, in forex trading, if traders do not have a good plan for their working, they will seem to be loss way man, they can direct for their trading, trading plan must contains target and time for each period to get experience.

[perez]

though so but I applaud my friend because, despite being often found together miss beautiful nonetheless unyielding! maybe there should be buddy buddy fix trading system so that it can increase the percentage of profit, MC beginning of a successful man! Let the spirit of the time! not a trading name that has not been MC hehe

[hammer]

though so but I applaud my friend because, despite being often found together miss beautiful nonetheless unyielding! maybe there should be buddy buddy fix trading system so that it can increase the percentage of profit, MC beginning of a successful man! Let the spirit of the time! not a trading name that has not been MC hehe

yes ..., it's a very good thing, we do not give up though frequent, engalami loss, we need to find the cause of the losses we have experienced. so we do not repeat the same mistakes when trading. and get back to trading with a better system

[azharfx2]

Everyday I am learning and learning forex, because I did not see its any ending , everyday I find something new that I would not know, so for keeping learning always i am trading, I thin everybody should do it , that case it will give you good result for trading.

[oreoluwa]

yes you are very correct we all need a trading plane in other to be successfull in trading and the more you have more planes the more you get to make the numbers of pips you really wanted in the forex trading i make use of more that one trading plane and i think this is very profitable to me so i will advise you to trade more plane

[dr4gon]

A good Trader always go with proper plan,management & goal. In my view we should have a written plan of Investment & goals to achieve. This works as a guide in our Trading activity. Not only a written plan but good market strategy & technical analysis leads to successful trader.

---------- Post added at 01:17 AM ---------- Previous post was at 01:10 AM ----------

Yes it is correct that to survive in Forex market for long run , we have a Trading plan. With a good plan & management one can be a successful in Trading. Planning & management is a part of success in any field.
Learning is a very important part of forex trading business. Without learning you can not trade perfectly in the forex trading business because you don't have enough knowledge. So learn at first.

[alirazaoka]

Yes no doubt that for good profit in forex trading we need a good plan and good strategy.And this thing not come from any site.Because every plan and strategy not for everyone.and sometime one plan and strategy work perfectly for one trader but its working bad for other.So make our trading plan byself.

[ahadbd]

A good strategy or a good trading plan is the first thing in forex trading. If you don't have a good trading plan you cann't success in forex trading. So developing a good trading plan is the first step to success.

[rokonripon]

To be successful trader in forex trading you must be well -planner of your trading and you must follow your strategies. Even money management is the most important part of trading. If anyone can manage and handle properly no doubt he will be succeed.

[wsaqapam]

I find that every business need have to business plan. so here are also most important before start trading. firstly need to gather knowledges and understand the forex terms and conditions. then have to strategies and techniques of the trading methode for the successfuly trading business. without trading plans no once can successfuly !

[sweetrevenge88]

A good trading plan can help a trader earn consistent profit in his trading. There is always uncertain times in our trading specially if we enter the market at the wrong time. During these hard times we should have a Plan B to solve our problem with our floating minus.

[nkem]

i agree with you. every trader needs a trading plan more especially a long term trading plan that will allow him to relax while trading and not be under pressure.trading with a plan is like driving to a destination and without any plan, you may not know when you get to your destination.

[aamir_ooo]

planning is important in life...
whatever decisions we have to make, it must be well planned...
a good plan always lands in safe zone...
the strategy and planning have an important role to play in decision making...
and in trading everything is just a matter of decision.

[djmixsamo]

yes it is right that, before going to real account we have to must make a trading plan for trade in forex trading business. because plan gives you idea for trade in forex trading business with the forex market condition in forex trading business. so, must make a trading plan before going to real account.

[johntra]

A good trading plan can help a trader earn consistent profit in his trading. There is always uncertain times in our trading specially if we enter the market at the wrong time. During these hard times we should have a Plan B to solve our problem with our floating minus.

Actually, so we were not disturbed minds for holding floating minus should use Stop Loss only if the open position, or use a cut loss in accordance with the strategy used. although a small profit if we get it will continue to get big profit and can also train yourself to not get greedy.

[Jack_lee]

yess..we mush have plan for trade of success.. rich our target...making money it possible .... best plan making lot f money...make lot of money...it means we rich..

[sayem]

we all should have a trading plan. without plan trading is look a tree like without water. every successful traders have a trading plan and a strategy. if your plan is good and success then you can earn here and you called hero. if you can not have any plan i think you should follow the senior and successful traders strategy and plan then you also can be success in this platform. best of luck.

[fxmoney]

A good trading plan can help a trader earn consistent profit in his trading. There is always uncertain times in our trading specially if we enter the market at the wrong time. During these hard times we should have a Plan B to solve our problem with our floating minus.
Plan has very helpful thing in the forex market in which you have to consider the loss as well then you will able to take proper steps. so make a blue print of the plan before you trade then you will not become panic due to the movement of the pair that you are trading and you can avoid emotions easily.

[johntra]

These emotions often affect our analysis so that the resulting analysis is also going to change again as we become hesitant in making a decision and usually end up with a loss. Keep the spirit and highly motivated to be able to conquer this business really need a soul or mentally strong and resistant to interference, are desperate to improve their trading.

[dila]

it is good to try lot - small lot first. or use an account cent smaller in the use lot that way we will be familiar with the psychology for trading using real money in this way we will become a more professional trader again

[executor]

The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,

Systematic planning in forex, will determine the success of our cause. In the management plan that includes that we use, the use of a number of strategies to achieve the targets, how much capital will we manage, and the rules that we must obey.

[erwin]

unpredictable price movements, but many of the problems that make us doubt the results of the analysis, such as the EU yesterday by technical Bullis will be bearish but by fundamental, and which turned out to be a fundamental right, but there are times when reality and can also reverse direction, and how to respond problems like this .

[inayah]

There is a so-called point of support and resistance as the limit that the price will reverse direction, the worst is reached S3 or R3 before price reverses direction. If it touches the S3 or R3 and price is still not turn, means that the state of one currency pair there really a crisis.

[uin]

Systematic planning in forex, will determine the success of our cause. In the management plan that includes that we use, the use of a number of strategies to achieve the targets, how much capital will we manage, and the rules that we must obey.

true once the planning is also important in the planning of a good forex trading then this will be improved and structured in the movement that we make .. and also learn to have money management

[pakstar1947]

g haa ek successful Trader banne ke lie hame Plan zaroor bananna chahye.agar ham plan ke mutabik kaam kre ge to hum ziada succes hasil ker sakte hai agar without plan kaam kre ge to loss ka risk ho sakta hai.

[cmenk]

The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,


Greetings my
I think I better mengola my capital and my margins so as not to fall, so I need expansion of trade strategies that continue to grow my knowledge of my personal analysis

[fxmoney]

If you dont make any strategy in any business then you will not get any success in it. so this is applicable for the forex trading as well. you have to make strategy on the demo trading and you must have to check its performance so that it will really help you on the real forex business.

[egasubekti]

I think the strategy was not a matter of right or wrong but it is more likely to fit her or not these strategies as a result of this strategy is the result of our analysis, strategipun no right or wrong but be able to generate profits if the trader has the ability to analyze qualified.

[kashif9760]

yes trading mien plan hona zarrori hai per sab se zayadia ap ko facous apne knowledge aur skill per dena chaye aur ap ko market mien jab profit karne k barien mien socho ge tu ap bina skill aur knoledge k profit earn nahi kar sakte. plan is essentiial hota hai perfect trading k lie. just focus on market then ap ko sab plan aur plan ko use karne ka tarika aik jea ga..

[ali1011]

Yes planing boaht jarroi hy agar ap ko achi trading karni hy to ap ko aik acha plan be cahiye hota hy jo k ap ke success ka cause banta hy or main apni position open karny sy phely plan karta hon situation ko analysis karta hon us k bad suitable position lgata ho

[Ragiel4]

A great trading plan can make all of us much more concentrated buying and selling, as the points all of us don't wish to occur within the buying and selling, it's a result of every investor, however the main thing is actually the way you handle the margins to keep to develop not surprisingly

[Limau89]

forex market realy........need Trading plan................ should be compulsory before trading in live market.Trading plan can be ascertained as the original plan and move us how to develop appropriate strategies for dealing with the market.Without a good strategy might we be in vain...... It is the trading plan that make our trading obvious and managed. Without management and ordered trading we are just like gamblers. Trading needs plans

[dila]

when talking about the success weve never-ending because the main goal of the trader is to achieve success by minimizing lose, 3 steps above successfully traded forex is steady, self-control is necessary, psychologically a trader in demand to be able to control myself not to be too greedy so as not to failure occurs, finance is also very necessary for a trader to control capital

[lulu50]

you always need a plan, plan A aplan B and even plan C. you will be able to know where and when you will be making money in these same, strategies take time to understand and execute the frelly, they al are ther and they will

[Nazmul]

I think that a good trading plan makes us more focused trading. A good trading plan help to make a good forex trader. If you have a good plan then you successful in forex market.

[Ryad]

Of course you need a trading plan to be successful in trading forex.. If you do not have a plan, you will not follow the rules, if you do not follow the rules, you will end up losing your account.. When you have a plan, you will know your daily target, while knowing it, you will know when to enter a position and when to exit, as your exit will be targeted.. Every trader has his own plan, so must be the beginners.. When you start trading, you will not have the idea of how your plan should look like for you to understand it, but when you are experienced enough in the business, you will be able to develop your plan..

[chakersarfa]

I wanna to say that it is true what you say that we should have a purposed and a plans about this business is that there is a point to evaluates where we are in the trading up if no progress or even regressed, and measurable plans will be created disciplined in us !

[executor]

The longer you can stay in the forex trading with a sound trading plan, the more likely you will start to experience a better run of trades,

Many of the challenges in the trading world, so we have a plan that is really mature, and do not rush to make a plan carelessly. Planning emphasis on the importance of money management, capital development, and protection of capital.

[hend]

if the plan is well thought of on the management and protection of money in forex trading, it will make us able to trade well. because it's good money management is very important in forex trading. better planning and execution in managing our money, it will make us the right to use the money to trade, and it will make us able to survive well in forex trading.

[jmhamdhi]

The Trading plans is a very importants tools. It will keeps yours emotion aways. With a combination of the good strategies you will be successfuly in the forex for sure . creating a trading plans and if you stick with it you should not need to worry about all the events in the markets. Because you will enter the markets at a specific time/condition and exit in a specific time/conditions !

[djmixsamo]

yes it is right that, it is very important to make a trading plan in forex trading business before starting real forex trading account, because trading plan is very helpful for forex traders to trade well whle trade in real forex account and earn money. because plan provides you the ideas how to trade in forex for earn money.

[saqib160]

planing kar ka koi kam karna bohat acha ha aur forex ma successful hone ka laye hume
forex ma trading ki planing karni chayea. aur agar hu perfect plaining karye gaya to hum
zaroor acha earn kar layea gayea.

[mumun]

, we do have to be optimistic if you want to survive in this business, do not assume the loss is a failure Because you've just lost the key to be successful for us wide open to the future,,, learn from mistakes is the key to being a successful trader,,,

[pjpjpjjangid]

yes it is very necessary that we should have a solid trading plan before start trading in the forex trading market our money is valuable and if we want to invest it we should have a good streategy plan to make more money

[bhagawanta]

what will we do atbthe market if we dont have a plans to trade??although we can ended the trades,the result will be not satisfying..so we need a trading plans beffore enter the market,analysing news and chart histories,what strategies that we will use,and how much target that want we reach!!goodluck!

[roberto110]

yes it is very necessary that we should have a solid trading plan before start trading in the forex trading market our money is valuable and if we want to invest it we should have a good streategy plan to make more money

yes, very true what you say, to have a mature trading plan can also apply a good strategy, it is very easy to make a profit at all, but it is all we have to do it right, do not always break the plan that we have compiled.

[goodprofit85]

I think it is 100% right that we need trading plan to be successful in trading. I always believe without trading plan no trader can gain success in Forex trade. If you want to success in Forex trade than first make trading plan than go real trading for success in Forex trade.

[pooshpa]

yes i need a trading planto be successful in trading kio ky bina plan ky koi bhi trader is main success gain nahi kr sakta hy is main ap ko apni study ko use kr ky plan banana perta hy jis ko ap use krty ho apni real account main then ap ko is main success ho gi

[andi1681]

Yes i am agree with you this time because we all know that it is a money amking treading system so if you want to gain on in this system tahn you need a proper plan.

[iwahyudi]

To be successful in forex trading we certainly need a good plan and has been tested on demo accounts, trading without using the plan as a football team playing without having tactics to win the game, during the game certainly did not have a focused goal to win the game, this if you do when trading sooner or later you will experience a loss for a loss and eventually all the money in your account will be lost

[scorpian7]

Success in forex only lies in discipline . If you trade with discipline then even you commit mistakes you can rextify them because your discpline will soon figure them out . A well pepared trading plan is an integral part of discipline . A well orchestrated paln will not only help you trade longer but with more profit and improved your trading experience.

[Mas]

yes i need a trading plan so that I could be more stable in later trading and also for effective preparation for me personally,
I used to trade only random home alone so I still los and I do not know what else to do because I was running out of capital

[uin]

I think it is 100% right that we need trading plan to be successful in trading. I always believe without trading plan no trader can gain success in Forex trade. If you want to success in Forex trade than first make trading plan than go real trading for success in Forex trade.

fictitious employers want to get good profits and huge .. so that we need to get the name of good planning and accurate and have a good strategy in forex so we need all of that ..

---------- Post added at 10:26 PM ---------- Previous post was at 10:24 PM ----------


I think it is 100% right that we need trading plan to be successful in trading. I always believe without trading plan no trader can gain success in Forex trade. If you want to success in Forex trade than first make trading plan than go real trading for success in Forex trade.

fictitious employers want to get good profits and huge .. so that we need to get the name of good planning and accurate and have a good strategy in forex so we need all of that ..

[mumun]

been much discussed in the forum, how do we improve the overall consistency of trading, we have now lived teory how to apply it,, anyways I think teory that are here are pretty but not solely teory alone, but requires repeated action and trial and error ,, not only myself experiencing this but we still feel that such

[Chelsea91]

i agree with this, trading plan is important like the trading strategy because you must know what you will make with the money when you earn it, either to withdraw the profits or compound it, also to know your performance after long time if you reach your goals or not

[ksatria921]

true as u say,
when tested, someone familiar on the market with someone who is not familiar with it will be different.
before we begin to participate in real trades.
it is good we tryout on demo accounts.
in addition, make a good trading plan.

[Ladenboys]

Without a plan you may become a blind trader and its can harm you more.A good plan,a nice strategy can give you more opprtunity.Never follow so many plan just make your own plan and try to get success on that plan.

[sharifhasan]

of-course,Forex is a business and all business has a rule/plan.successfully do trading need a way for Forex trade.When do stand a good plan or do Forex same use plane profit possible earn.all most old trader fit there Forex plane.

[shepon93]

trade in all time. People those who are unemployed they can work with forex in ideal time. People Those who are employed then also work with forex in rest time because it is on line programe and it is always open. So forex is a way of Income for man those who are gather knowledge about computer and online internet use knowledge. So Forex means a sources of income in on line by conversation various topics on forex trading. It is a indian wave site from which lot of people earn money in long time.

thanks your good thinking,A good trading plan makes us more focused trading, while the things we do not want to happen in the trading, it is a consequence of each trader, but the important thing is how we manage our margins to continue to grow as expected.

[dila]

with good management, we will be able to trade a planned because we could use a good account and directionally, so that we can minimize the loss factor, and we can survive in this forex business

[mumun]

emotions are very influential in the success of trading, so emotional control becomes a necessity, I only also still not able to control emotions

[roro mendut]

trader would have a trading plan. trader must make an analysis, and rely on their own analysis.emotions are part of human and so it is very difficult to eliminate emotions completely so what a trader can do best is to minimize their emotions

[egasubekti]

a good trading plan in a way we can make that will determine the hours of market we enter, at this very market trading system helps us to be more effective in its implementation, so in another sense that we set trading hours will be one factor in the success of achieving the target profit, never trading in sideway hours if do not want to get stuck floating minu

[riky]

Without a plan you may become a blind trader and its can harm you more.A good plan,a nice strategy can give you more opprtunity.Never follow so many plan just make your own plan and try to get success on that plan.

plan you will realize the dream of making a plan then you will be doing business with a strategy that is not original because forex is not gambling that rely solely on luck

[dila]

success in forex can not be separated from management, only then we use the strategy and analysis, and it is no less important is the experience .. do not ever forget the experience even though it was very bitter, because the experience that we can reduce our risk of loss

[johntra]

success in forex business may soon be achieved if we remain consistent in our initial intention in business. if we have the motivation to achieve success this business we will continue to strive to maximize our ability to transact in order to gain profit. we should spend more time to learn this forex business to pursue if we are serious about this business and focus to be successful in achieving success.

[kaia]

kalau kita tidak menyiapkan sistem trading yang baik bagaimana kita dapat trading dengan baik. kalau memang kita ingin trading dengan baik,maka ada baiknya kalau kita mempersiapkan teknik dan juga mencari teknik yang paling baik untuk kita gunakan dengan baik.

[nanoni]

For that, learn to be more patient and hold back your emotions,,
If within 10 minutes got mc, op definitely her big lot, not worth the margins,,
do not regret it all, just makes the mind can not be concentrated, which is important to take a lesson,,