Log in

View Full Version : You need a trading plan to be successfull in trading



Pages : 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36

fxmoney
2012-10-25, 02:13 PM
If you do planning before trading then you will definitely get success from that plan but for that you have to do lot of hard work. you must have to check all the aspects of the facts that will responsible for the movement of the pair and when you confirm about that then you can take trade in the market.

roberto110
2012-10-25, 02:16 PM
in the forex business is, if we are to succeed, we must make a mature trading plan and trade the plan, of course, we should test it first with a demo account, when a trading plan that proved to be effective, then we can use for real trading.

fxforlife
2012-10-25, 02:24 PM
trading plan is an important part when traders want to trade in real acocunt, a good plan can help traders to make good target in each period suitable for their experience, with a plan , traders will know what they must do.

ishvara
2012-10-25, 04:54 PM
In my 2 years trading experience in forex trading, i have found out that success is not too hard for a trader to achieve. But the point is that most traders are not die hard serious to develop themselves in forex till they succeed.

edomz
2012-10-25, 05:04 PM
I agree with you. each will trade, we need a trading plan that baik.dengan good plan, we will be confident and sure of our actions. planning may be a small thing, but if we do not discipline and forget about planning, we will experience a big risk.

Ladenboys
2012-10-25, 05:13 PM
Sure.So why we always suggest to pass more time in demo.Watch every movement of price in demo and test all your desire skill in demo.Dont make hurry to trade in real one as quick as possible.Thats could build one as a successful trader.

don1
2012-10-25, 05:32 PM
yes it is necessary to planing for a good trading.i am trading in a group in this way we can safe from a lot of losses. if we work with planing then we will become good trader.

pavais
2012-10-25, 08:12 PM
other than that we consider appropriate MM equity
patience too greedy and could not keep trading remains consistent

hammer
2012-10-25, 08:19 PM
every business and investment should be planned, so that we have a goal in a business, proper planning and not planning too much is that we can use, with planning we can avoid being greedy in forex trading

mirza13
2012-10-25, 08:23 PM
With my opinion i think that the trader is needed to having the trading plan when they are make the trading here, trading plan make them know what that they need to do and trading plan make them can know how to make the good trading on this business too...!

naziakhan
2012-10-25, 08:39 PM
If you do planning before trading then you will definitely get success from that plan but for that you have to do lot of hard work. you must have to check all the aspects of the facts that will responsible for the movement of the pair and when you confirm about that then you can take trade in the market.

han bhai agar hamain acha karna hai tu hamain market main hamesha ak plan k sath hi enter hona cahiyay tab hi hum acha earn kar sakain gay .otherwise hamain sirf aur sirf loss hi ho ga .es liyay plan ko follow karna buhat zarori hai.:)

Yusak10
2012-10-25, 08:47 PM
Look mate you can trade 24 hours for 5 days in the week but the question is when you can make pips

It's not important how many trades you have made but it's very important how many successful trades have you made

for your question in my opinion I don't trade if there is high impact news on the market because it is safe to me beside my technical analysis

---------- Post added at 03:17 PM ---------- Previous post was at 03:15 PM ----------

Basically trend happened because of unbalanced supply and demand of related currencies.
Just like any commodities, there are limit on the currency amount, when people buy more than sell, the price goes up (and viceversa)

Most big players affected by the news, and decided whether they will buy or sell their currency based on the news, that's why during news time the market can be very volatile and creating big trend.

If there are no news, you can also use market hours to indicate the trend, for example when NY market opened USD tends to go strong, and when it closed USD goes weak again.
However, if the recent news indicate that USD will go strong/weak for days/weeks or even months, then market hours might no be accurate, because news can be more affective than market hours.

muhin_123
2012-10-25, 08:48 PM
It is not so easy to make money from forex market.It is risky market.But if you have proper plan ,you must success in forex market.Proper planing is the key to success in forex market.

sokcool
2012-10-25, 08:50 PM
I strongly disagree with your opinion.... trading plan is one of the strategies to be applied in carrying out trading in forex.... the better your trading plan, the greater the profit you earn...

Yusak10
2012-10-25, 08:52 PM
Its commonly known that most forex traders fail. In fact, its estimated that 96 percent of forex traders lose money and end up quitting. To help you to be in that elusive 4 percent of winning traders, I have compiled a list of the most common reasons why forex traders lose money.

1. Low start up capital
Most forex traders start out looking for a way to get out of debt, or to make easy money. It is common for forex marketing to encourage you to trade large lot sizes and trade highly leveraged to generate large returns on a small amount of initial capital. You must have some money to make some money. Its possible for you to generate outstanding returns on limited capital in the short term. However, with only a small amount of capital and outsized risk, you will find yourself being emotional with each swing of the market and jumping in and out and the worst times possible.

Solution:
People that are beginners in forex trading should never trade with only a small amount of capital. This is a difficult problem to get around for someone that wants to start trading on a shoe string. $1000 is a reasonable amount to start off with, if you trade very small. Microlots or smaller. Otherwise you are just setting yourself up for potential disaster.

2. Failure to manage risk
Risk management is key to survival. You can be a very skilled trader and still be wiped out by poor risk management. Your number one job is not to make a profit, but rather to protect what you have. As your capital gets depleted, your ability to make a profit is lost.

Solution:
Use stops, and move them once you have a reasonable profit. Use lot sizes that are reasonable compared to your account capital. Most of all, if a trade no longer makes sense, get out of it.

3. Greed
Some traders feel that they need to squeeze every last pip out of a move. There is money to be made in the forex markets every day. Trying to grab every last pip before a currency pair turns can set you up to lose the profitable trade that you are sitting on.

Solution:
It seems obvious but, dont be greedy. Its ok to shoot for a reasonable profit, but are plenty of pips to go around. Currencies move every day, there is no need to get that last pip. The next opportunity is just around the corner.

4. Indecisive Trading
Sometimes you might find yourself suffering from trading remorse. This happens when a trade that you open isnt immediately profitable, and you start saying to yourself that you picked the wrong direction, and then you close your trade and reverse it, only to see the market go back in the initial direction that you chose.

Solution:
Pick a direction and stick with it. All that switching back and forth will just make you lose little bits of your account at a time.

5. Trying to pick tops or bottoms
Many new traders try to pick turning points in currency pairs. They will place a trade on a pair, and as it keeps going in the wrong direction, they continue to add to their position being sure that it is about to turn around this time. If you trade this way, in the end you end up with much more exposure than you planned, and a terribly negative trade.

Solution:
Trade with the trend. Its not worth the bragging rights to pick one bottom out of 10 attempts. If you think the trend is going to change and you want to take a trade in the new possible direction, wait for a confirmed trend change.

6. Refusing to be wrong
Some trades just dont work out. Its human nature to want to be right, but sometimes we just arent. As a trader, sometimes you have to just be wrong and move on, instead of clinging to the idea of being right and ending up with a blown account.

Solution:
Its a difficult thing to do, but sometimes you just have to admit that you made a mistake. Either you entered the trade for the wrong reasons, or it just didnt work out the way you planned it. Either way, the best thing to do is just admit the mistake, dump the trade, and move on to the next opportunity.

Mas
2012-10-25, 09:55 PM
Master course in every action I always use a plan that would I use in all my activities,
thus all the activities can be well controlled and cleanly and completely with what was in the plan before,
thus we will also be more focused on doing things

zaine
2012-10-26, 01:11 AM
yes ii need a treding plane to be successful in trading kio k koi bhi business kro ap ko us mian ak plan ki zrort hoti hy bina strategies and plan ky ap ko i smain success gain nahi ho gui is lea trader ko is main success gain krny k lea learning ki bhi zrorat hy or plan ki bhi

pjpjpjjangid
2012-10-26, 01:27 AM
Yes before trading in the forex trading market we must have a successful and solid trading plan to make good profit and only by going through this plan we can make our trading successful in forex trading market

eli
2012-10-27, 06:05 AM
correct to point 3, which was really messed up our forex trading is our own mental psychology, if already disturbed, two other points (MM and Strategies) had come too chaotic, MM has not seen let alone beat any strategy game. anyway keep our psychology, particularly floting also, one first makes confusion, make uneasy sleep, eat bad, not too bad defecation .. conclusion we'll keep psychology forex trading mood also enjoyed ...

assi
2012-10-27, 06:20 AM
we need good time to give to forex to learn about it and if we do not know about the good way of tradings then we may be in bad mood to have the good and easy tradings and with the good money management we can do the good tradings

Anis
2012-10-27, 07:07 AM
certainly have, I have a plan that I've had no preparation sjadi I anticipated far in advance so there is something we do not want it to be any way to fix it, so I also can trade freely and comfortably without any serious problems

newentry
2012-10-27, 07:22 AM
a plan is like a road map or blu print that we have built before go in to the market, it will guide us to trade and do something for what should we do in there, but we have to think about a plan B, this is the way when we face a different condition and unwanted situation then we need to exit and overcome it..
to build a plan, then we need a time what is the best plan, and so we need to take learning and test it at demo account and make sure that we just have made a good one and good for trading

marsya
2012-10-27, 07:22 AM
correct to point 3, which was really messed up our forex trading is our own mental psychology, if already disturbed, two other points (MM and Strategies) had come too chaotic, MM has not seen let alone beat any strategy game. anyway keep our psychology, particularly floting also, one first makes confusion, make uneasy sleep, eat bad, not too bad defecation .. conclusion we'll keep psychology forex trading mood also enjoyed ...
Anyone that has any form of interests in forex trading should make sure that they have enough capital and knowledge in their accounts management for several times to learn than to be able to carry those trades due to high market volatility and profitable.

zahira
2012-10-27, 08:06 AM
correct to point 3, which was really messed up our forex trading is our own mental psychology, if already disturbed, two other points (MM and Strategies) had come too chaotic, MM has not seen let alone beat any strategy game. anyway keep our psychology, particularly floting also, one first makes confusion, make uneasy sleep, eat bad, not too bad defecation .. conclusion we'll keep psychology forex trading mood also enjoyed ..
On my experience many had evidence of my trade to lose money because I was too lax in keeping my trade by trade and money management is a focal point me in the next trade

Java
2012-10-27, 08:25 AM
of course, my lord, and all work must also be possessed before the plan was done, because that way we can know what to expect and how to cope if there is a performance thing we do not want, the way I'm doing this,
I think this can help you to determine your next action

roro mendut
2012-10-27, 08:59 AM
over confidence and other emotions. That is one of the main factors that people losing money in forex trading. They allow emotions to over rule their decision. More often than not, you would find that the decision is wrong and you would end up losing money.

ruma0011
2012-10-27, 09:14 AM
how to find the good trend and how to trade with trading plan make them know what that they need to do and trading plan we have prepared some options to overcome.

bhagawanta
2012-10-27, 09:28 AM
yup!the trading plans is consiest thats factors and a good plans should be build by a good knowledge of forex trading,so we can makes propper trading and gets the better result of our trading,so learning, practice and the experiences is need to be done,so we can survive and exist in this bizniz!!goodluck!

hend
2012-10-27, 10:43 AM
agreed and, indeed in every perdangangan planning is very important. for the planning, what will we do in the trade will be more organized, and of course it will make us more able to trade well. so indeed we should learn to make good trading plan, so it will support us to get a good profit in the trade. and planning that we make should really think about all the possibilities that may occur in the trade.

malikysd
2012-10-27, 10:45 AM
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..
A trader that uses Stop Losses and Take Profits when necessary, and a trader that is able to cope with losses, sometimes painful ones, an inevitable part of Forex trading.

perez
2012-10-27, 04:39 PM
Good thing too I think if the recipe only $ 1000 PO $ 1 lot rich still safe home monitored, because at the moment I wear, even better if it is layered transaction system better.

markoto
2012-10-27, 08:26 PM
I'm more focused on exelent trading, ie trading properly tried disciplined trading possible with our proven system, so I do not always seek profit or loss, I leave all entry and exit on a signal from the trading system.
With trading exelent consistency profit sooner or later will come by itself.

junaidi99
2012-10-27, 09:14 PM
agreed and, indeed in every perdangangan planning is very important. for the planning, what will we do in the trade will be more organized, and of course it will make us more able to trade well. so indeed we should learn to make good trading plan, so it will support us to get a good profit in the trade. and planning that we make should really think about all the possibilities that may occur in the trade.

with trading trading plan then we have more and more organized way. trading gives an overview of the benefits to be achieved as well as how much damage could in responsibility. closely related to the trading plan trading strategy, and is tailored to our trading style

ObaFX
2012-10-27, 09:38 PM
to succeed on the long run in the forex market and to eliminate regrets of opening certain trades one needs a good trading plan that will be followed with diligence and discipline plus good money management

assi
2012-10-27, 09:42 PM
without the planning in forex we will not be successful in forex and we may lose the money if the planning is pure so it is necessary that we should find the good and easy way of tradings in forex with the good tradings style.

dila
2012-10-27, 10:42 PM
which must have if you want to successful learning from experience and mistakes we have done, and always lose patience if we experience, not easily discouraged and give up, and always consistent in reading the market movement, and consistent if a profit.

forex2011
2012-10-28, 12:08 AM
Forex trading you need to what is new of new strategies so you always need to
bring you good plans large profits and an excellent level of expertise

mohsinzafar3
2012-10-28, 01:15 AM
All people have a lucrative business need a map and schedule., So they are consistent with the plans and programs. These maps will help the trader money management is.
And trade with discipline and no negative feelings will follow., And to be profitable. your trading plan must be accurate.

yogesh
2012-10-28, 02:09 AM
All people have a lucrative business need a map and schedule., So they are consistent with the plans and programs. These maps will help the trader money management is.
And trade with discipline and no negative feelings will follow., And to be profitable. your trading plan must be accurate.

Well it is must to have a trading plan in order to successfully trades, so have a trading plan and stick to it in your trades. It would not help just having a plan until you trade it.

imranghori
2012-10-28, 02:13 AM
One of the keys to developing a successful trading plan is to have it compatible with your own personality. You must be comfortable with your plan to do well in the market. Does your personality fit better as a day trader, a long term trader, or something in between? What kind of risk tolerance do you have?

chamseddine89
2012-10-28, 02:30 AM
The strategy is the half of a work. so in every work we should have a deliberated plan.The forex markets is a huge market where one can be gainers or the looser. so in this markets the one must have a plan and he should run according to his plans. nevertheless he will be loosers. so, to be a successfuls traders the one must have plans !!!

nilmegh
2012-10-28, 02:30 AM
Good thing too I think if the
recipe only $ 1000 PO $ 1 lot rich
still safe home monitored,
because at the moment I wear,
even better if it is layered
transaction system better.

zahira
2012-10-28, 07:16 AM
One of the keys to developing a successful trading plan is to have it compatible with your own personality. You must be comfortable with your plan to do well in the market. Does your personality fit better as a day trader, a long term trader, or something in between? What kind of risk tolerance do you have?
All must be well prepared, to be a successful trader one should be careful about his proper knowledge abou tht forex and then it will be the cause oif your successfull traders story , just management and good strategy are the keys.

kokol
2012-10-28, 09:49 AM
ease of transactions in forex can also be a very negative thing for traders blah KGA trader wanted to use 3 step success
such analysis before each MM open mind and a good trader psychology

iwahyudi
2012-10-28, 09:56 AM
whatever strategy we use when trading should make us comfortable to do so, because forex trading requires a high concentration. and never use your strategy for trading, if you have not been successful at trial demo account

heru
2012-10-28, 10:02 AM
yups and one of the trading plan is to study about forex.The study is the most important rules of success at Forex without the study and understanding of the market
Expose yourself to big losses.

hammer
2012-10-28, 10:20 AM
yups and one of the trading plan is to study about forex.The study is the most important rules of success at Forex without the study and understanding of the market
Expose yourself to big losses.

yes ... otherwise it will make our trading plan with a comfortable and follow all the rules that we make, if we can act disciplined, we can easily achieve success. without a proper plan a trader does not have the purpose of trading

dareking
2012-10-28, 10:39 AM
yups and one of the trading plan is to study about forex.The study is the most important rules of success at Forex without the study and understanding of the market
Expose yourself to big losses.

Aapne sahi kaha bhai, without trading plan aur study ke forex karna possible nahi hoga, is business mein trading plan ka bahut bada roll hota hai, kafi trader ka koi plan hi nahi hota hai, bas wo fast movement mein trade laga dete hai, aur paisa kamane ke liye har baar aisa hi karte hai.:D

milon
2012-10-28, 10:56 AM
Planning makes anything perfect and effective. Forex trading also depends on good planning. This is one of the important and best way to stay in forex market is to good plan.

saisob1
2012-10-28, 11:22 AM
Forex is an international trade center.to be a successful trader it is very essential to plan a trading system.most of the traders try to earn money from Forex.but most of the traders fall in loss due to lack of knowledge.so a trading system is very needed.

markoto
2012-10-28, 12:25 PM
forex gives hope for you to be rich, this is only a hope tp, yes, because this business more certainty you become beggars / destitute,,, now want to choose where the rich or the poor?,,, every decision is yours

bceharun
2012-10-28, 01:54 PM
Planning makes anything perfect and effective. Forex trading also depends on good planning. This is one of the important and best way to stay in forex market is to good plan.

yes. i agree with your comments. every business need to plan to become successful. here are also need to good trading plan. so i think want to be success in forex trading market then you must have to trading plan and good strategy.

manav14386
2012-10-28, 02:14 PM
Planning makes anything perfect and effective. Forex trading also depends on good planning. This is one of the important and best way to stay in forex market is to good plan.

exactly..bhai aapne bilkul thik kaha planning har ek field mein insaan ko perfect bana deti hai aur forex ke liye tou planning bahut jaroori hai..agar aap ek achhi planning ke saat trade karenge tou aapko apni expectation se jada hei paisa milega..

endah
2012-10-28, 06:27 PM
if I see a successful trader in the forex trading, they've been able to overcome the name of greed that always haunt them, well, for us there is that we still can not control, and if I see they do not use too many indicators, so does not make them dizzy.

alhamdulillah
2012-10-28, 06:50 PM
successful person must have a clear and focused plan to reach success, as well as forex trading also requires a clear plan to be disciplined while in the market, because if we do not have a plan, then we might as well gamble in forex, and this will result in failure we do not want.

maryam
2012-10-28, 07:09 PM
I think it makes the system when the trader is good but the system could be changed when the trader is not satisfied with the outcome of the can and eventually arise greedy and want to gain a lot in and out of the system that we created from scratch before trading, its problems it is often my experienced when I've often managed with the system I want to make a bigger profit as a result I think I even swallowed the key market discipline always and always be grateful for what we can.

enter
2012-10-28, 07:47 PM
if I see a successful trader in the forex trading, they've been able to overcome the name of greed that always haunt them, well, for us there is that we still can not control, and if I see they do not use too many indicators, so does not make them dizzy.

yes do not using too many indicator on the forex trading, and better for us to also make the trading with the good money management without greedy in here, because greedy will make the trader got fail and make them do not following all the rules that they have in here

heru
2012-10-28, 07:48 PM
Trading plan is very important in forex market,we know that forex is a world famous currency trading market,it is very risky and hardy business for us,if we do not have good trading planing about forex business so we shall not be able to become a successful forex trader.

true boss, trading plan will help us to do something in forex, trading with good planning, we can control our emotions, we can avoid the greed that resulted in a loss of our trading account

lanre01
2012-10-28, 07:50 PM
Good trading plan is very essential to a successful trading career, a trader without a plan is like a driver heading to an unknown destination.

saisob1
2012-10-29, 01:21 PM
A trading plan will make trading simpler than it would be if you traded without one.With a trading plan, you're able to know if you're headed in the right direction. You'll have a framework to measure your trading performance. And just like a GPS, you're able to monitor this continually.Without a trading plan, this would be nearly impossible. Instead, you'd be a "cowboy trader", shooting from the hip, trading by the seat of your pants, relying on your gut, guesses or signals from strangers. That ain't trading - that's gambling!

zulfiqarrf
2012-10-29, 02:45 PM
yes you do need a plan if you want to be successful at trading i think every one should have a plan before trading it is also important that the plan is a good on too before trying a plan on the real account you should try it on demo

boniez
2012-10-29, 03:37 PM
I also believe that most successful trader it must be because they have the ability to formulate trading plan in such a way where everything can be run in accordance with the fact because they firmly believe an optimistic

i-idea1988
2012-10-30, 06:59 AM
"yes, I agree. I think before we open a real account, we have to play on a demo account first. PAIR understand and the system works, a new play at the real account. I think it is a proper planing, while looking for profitable strategies on a demo account. I believe that with this technique, we can be successful.

learn, learn and keep learning ^. ^ v "

lg_pkl
2012-10-30, 08:36 AM
course hosted by us using trading plan then we have to use the most appropriate way to start trading in the forex market, so we can be more effective if we will no error in the open position and also when we lose control of ourselves then we can use the second plan

iyan50
2012-10-30, 09:29 AM
If you will take too much tension and keep this thing on your mind you cannot go successful in forex. You have to be more positive about your trades and don't stop practicing in a demo account untill you master some of the forex skills.

egasubekti
2012-10-30, 09:32 AM
It is important to develop consistency in your trading. We all have our daily routine. As a trader, a consistent routine is very important to your success. Not just regular increase your chances for success, but you can measure your success and change something in your routine. If you do not get the desired results. Then you need to make a plan, and be consistent with your plan. If you do not, it will be difficult to consistently make money. Read your daily plan, follow and you will stay on track with your goals.

10pips
2012-10-30, 10:01 AM
yes you do need a plan if you want to be successful at trading i think every one should have a plan before trading it is also important that the plan is a good on too before trying a plan on the real account you should try it on demo

yes, we need to have the trading plan , because that will working for the too much important thing for the trader to have their own trading plan on make the trading, i think that all of us when we make the trading we have already set the trading plan that we want

wulandari
2012-10-30, 10:20 AM
course hosted by us using trading plan then we have to use the most appropriate way to start trading in the forex market, so we can be more effective if we will no error in the open position and also when we lose control of ourselves then we can use the second plan

How to create second plan in your trading plan? and how to cover our loss with effective so in accumulate we still get profit, please share your knowledge about that in this thread, so we can learn

floydie
2012-10-30, 11:36 AM
trading plan is very necessary to be made trading clear direction and purpose, scalable, and easily controlled because if you can master these three, to achieve the profit would not be difficult for you.

hemi
2012-10-30, 01:20 PM
yes i agree with your question and i think that it is good thing in forex because if you want to play a big trade and want to make a big profit from here then you need to make a better plan who make your trade best and give you the better profit

inayah
2012-10-30, 01:30 PM
I think make up a trading plan that starts from determining the pivot points and support resistance first. Later analysis of the state of the match and for the use of TF issues it is adapted to the market situation. As for the SL and TP settings unrelated to the TF at all but related to the trading style that will be used whether long-term or short-term trading trading.

Java
2012-10-30, 01:48 PM
of course sir, if we only rely on the ability of trading course then it would not be good enough for our financial future,
if we have a plan that we compiled earlier then we would get a lot of ease in achieving

zaine
2012-10-30, 02:07 PM
yes i agree with you and i think that if you want to make the big profit then we make a success plan for it because if we never make the plan and play the big trade then it is depend on your destiny to make the big profit otherwise you get the loss from here

asadqadri
2012-10-30, 02:23 PM
However many large financial institutions around the world, and indeed individual traders, make consistent profits from trading forex markets, so you can be pretty sure that they're not gambling away huge amounts of money every day at random.trade safely...

Farooq787
2012-10-31, 11:41 AM
yes i agree with you and i think that if you want to make the big profit then we make a success plan for it because if we never make the plan and play the big trade then it is depend on your destiny to make the big profit otherwise you get the loss from here

You are saying right brother bagair plan kay koi bhi karobar karain to us mein loss hi hota hay aur forex to aik technical business hay ye to bagair kisi achay trading plan kay chal hi naheen secta aur jo traders aisa naheen kertay wo forex trading naheen kertay wo gambling kertay hain, ici liye forex kay sath sath apni life mein bhi aik plan bayen aur us per amal karain yaqeenan faida hoga.

Hansip
2012-10-31, 08:11 PM
You are saying right brother bagair plan kay koi bhi karobar karain to us mein loss hi hota hay aur forex to aik technical business hay ye to bagair kisi achay trading plan kay chal hi naheen secta aur jo traders aisa naheen kertay wo forex trading naheen kertay wo gambling kertay hain, ici liye forex kay sath sath apni life mein bhi aik plan bayen aur us per amal karain yaqeenan faida hoga.
we can really do that and the most important thing that all the beginner trader should know about forex is that forex is not a childrens play and it is very hard to get success so before going to your real account you have to practice lots of trading in your practice account and then you will be able to make good profits

juned
2012-10-31, 08:57 PM
correct sir, as a trader would have to have a plan in each trade so that future trade could be better and always successful, I think traders without the use of the plan will be faster and of course rapid defeat bankrupt

pakstar1947
2012-10-31, 09:52 PM
g haa ek Trader ko Trade kerne se pehle plan bnana chahye kioke Plan mai behtari hoti hai aor jo cheez plan ke bageer ki jati hai os mai kamyabi ke chances kam hote hai.

rabbi89
2012-10-31, 09:52 PM
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, good like forex forum indian good

ganguly
2012-10-31, 09:55 PM
I think that before any actual account we open our own aircraft .. We have a strong position for this market and understand how it works. when we buy and when we sell. how good trend and how to trade with the trend. I think if we don `t have the plane in a few days we will not lose favor in the forex market

blitzkrieg
2012-11-01, 02:15 PM
of course in this business we need a trading plan because without a trading plan we will lose our sight to our original
goal. many people often experience this and that is why they need to make a trading plan in order to make big money.

hilman
2012-11-01, 05:17 PM
to be successful in this business is the stage of the stages to be achieved are not necessarily able to jump to the highest, it is good when it starts with the right direction and should be balanced with patience and discipline in applying the science of it ...

SeoHyun
2012-11-01, 05:17 PM
Trading plan is a must before we decide to take open trades and with good trading plan we can get better trading results, we can avoid too big risks in our trades with using good trading plan too right? :D

CR 7
2012-11-01, 06:12 PM
Just follow the rules of risk and reward ... more and more big risk big reward too, and vice versa is also increasingly big trading loss .. my suggestion to use lots that allow for honing MC 0 ..

iwahyudi
2012-11-02, 04:54 AM
to be successful in this business is the stage of the stages to be achieved are not necessarily able to jump to the highest, it is good when it starts with the right direction and should be balanced with patience and discipline in applying the science of it ...

yes you're right, it is to be a success in this business should learn step by step and it takes time, if you want to be successful in the short term could likely missed something, however small that it will provide a great future.
Usually the success that comes too soon usually cause failures are coming too fast

hiddenpain
2012-11-02, 05:09 AM
yes , before we open some real account we should have some plan or strategy to be successful.., thank you for sharing this with us...and good luck for everybody here

Java Trader
2012-11-02, 05:46 AM
Trading plan is a must before we decide to take open trades and with good trading plan we can get better trading results, we can avoid too big risks in our trades with using good trading plan too right? :D

so true buddy. plan before the trade can reduce our chances of losing money.
a trader who has a plan before the trade could be a disadvantage, especially a trader who does not have a plan before trading.

hend
2012-11-02, 05:53 AM
yeah right, it plans to trade it is very important for us, because the plan will help us to make decisions when faced with certain conditions in the trade. when we are planning to make an idea of ​​what might happen in the trade, and what steps we should take in trade. because that's the plan trade will help us in making decisions well and it will allow us to get a good result as well.

malkoumx
2012-11-02, 06:50 AM
Thank you for your tips.
I think that both novice and before opening any account, whether real or shareware to develop a work plan going, and opposers do not even located in the errors is indispensable.
This action plan includes the strategy to be pursued, and work time and currency pairs to be traded.
We must leave the greed which is the enemy of every trader in Forex.

egasubekti
2012-11-02, 07:14 AM
Never trade more than 30% of each transaction. difference between a beginner Forex successful and unsuccessful is that the first one will be able to survive under unfavorable market conditions, while others will lose his account number after 10-15 consecutive unfavorable trade streak. Even with the same trading system 2 traders can get opposite results in the long run. The difference is evident in the approach of money management in forex trading.

suzaku_7
2012-11-02, 07:21 PM
That is true,a good trading plan is what we need to make our trading much easier..
Have you tried trading with out any definite plans and goals? You noticed that you always lose your trades or margin call your account? That is because you don't have a good trading plan..
Try to make one,it is for your own good.. :)

Bankmen
2012-11-02, 08:01 PM
trading plan is good momentum to make some good start in trading forex but always there is no solution to take money on easy way with trading plan because bad strategy in future time of trading.

wulandari
2012-11-02, 09:09 PM
trading plan is good momentum to make some good start in trading forex but always there is no solution to take money on easy way with trading plan because bad strategy in future time of trading.

actually, if we keep dicipline with our trading plan, then at least we can prevent our account from margin call, and survive for a long time, but its depend on your trading plan too, if you can apply good money management, then its useless

bceharun
2012-11-02, 10:56 PM
Yes right..without plan in business or any other work can't help us to success. so here are also need to trading plan to become success. trading plan give us to reached the target in our dream. for its maintain forex rules and discipline for better result.

don1
2012-11-02, 11:02 PM
yes dear it is very necessary to make a plane for a good trading because if you do not make any plane for your next trade then i think you could not get a better profit if you work with planing then you can get profit easily.

alihn
2012-11-02, 11:15 PM
By forex trading people can earn money. People those who take more profit they have right plan for their business and according to plan they lead trading. So before trading they learn more and more for learning about forex trading by which they will trade properly and will be successful in trading.

junaid1
2012-11-03, 12:45 AM
there must be a good and perfect plan to start trading kyu k jab tak aap ki strategy nahi banay gi aik valid strategy jo aap ko us trade ka technical aur fundamental analysis ker k bnani perti hai aap tab tak aik acha profit earn nahi ker saktay ...

malik
2012-11-03, 12:49 AM
Trading plan aap kay line lines draw karta hay kay aap ko kis direction main aur kasy move karna hay, aik trading plan form karny kay baad aik trader ko strictly apny trading plan ko follow karna chahiye, kionkay aik weak plan bhi aap ko faida dey sakata hay agar aap ko poore trah follow karo gay.

bdihman
2012-11-03, 12:51 AM
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. 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.

lfd
2012-11-03, 12:59 AM
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,
Obviously ! Actually forex is easy when you have good analysis on to trade. So much experience will take you on success page:)
Beginners must need to remember you can not gain success on forex with imagine you need logical analysis to become successful trader:)

mohammed bawaaneh
2012-11-03, 01:26 AM
yes i need the forex and you must read and klearn hoew you could be a good forex trader
and have a lot of money bye the waty whebn you are raddy

iwahyudi
2012-11-03, 04:53 AM
Obviously ! Actually forex is easy when you have good analysis on to trade. So much experience will take you on success page:)
Beginners must need to remember you can not gain success on forex with imagine you need logical analysis to become successful trader:)

success can not be achieved if only imagined it but it must be fought, the way to deepen the knowledge about forex and establish a good strategy and test it on a demo account etc.. Take advantage of trading with a demo account as often as possible to get a consistent profit because it will give you valuable experience from time to time, if you already have enough experience I'm sure it will bring success to you

yousef3elwan
2012-11-03, 04:56 AM
These people who are working and then also work with the rest of the currency at the time because it on the program line and it's always open. Even the forex is a way of income for those who man gathering knowledge about the computer and Internet knowledge to use the Internet

egasubekti
2012-11-03, 05:05 AM
a very important step to make your trading skills, the better is a journal that is part of tradingplan. Record every transaction you make and give explanation of why you do it. You can comment how much profit you earn and if statements explain why it terjadi. This way you can observe your progress in the trade and are able to quickly find a range of deficiencies that need to be repaired. : A very important step to make-your trading skills, the better is a journal that is part of tradingplan

hend
2012-11-03, 06:22 AM
I agree with you, because it's very important trade journal for us to always be able to see the trades we have done. the trade journals that will make us aware of how this part of our trade is still lacking and must be repaired. I am sure we made ​​the trade journal, it would be helpful for us to improve our ability to trade. even those with more severe for us to be an expert trader.

budis
2012-11-03, 06:22 AM
Well certainly in dire need of all trading plant it because it is very helpful in supporting the success factors, the senior is still trading plant needs to offer investments to the candidate to be confident in business

hilman
2012-11-03, 12:35 PM
with the passage of time through which to trade forex then it will increasingly also our experience trading itself, so we will have the data to update its plant to use our trading trading tomorrow ..

ratna
2012-11-03, 01:15 PM
study it is easy, but in practice it is difficult, that is why many people use the same techniques and MM but the result is different, different hands different results, depending on a trader's own psychology

aray
2012-11-03, 01:42 PM
which certainly can not consistently get rich quick. necessary learning and self-control. I understand the purpose of learning the techniques of analysis, to understand its
not emotional self-control and not ravenous when loss / profit greedy when it

dollar
2012-11-03, 02:00 PM
for any success planing is the first structure. i really need a proper planing for getting success.
but due to my greed i am not able to keep my self in planing and under my rules.

lanre01
2012-11-03, 02:02 PM
the need for a proper and simple trading plan is essential for a succeful forex trading career, without a proper trading plan inplace the account is set for destruction.

iyan50
2012-11-03, 02:22 PM
I am a beginner in Forex and I can invest only 15% of my capital.Because I do not take risk because yet I did not have good experience about Forex market so I afraid of losing.But still my earnings are more then my loss.

dareking
2012-11-03, 02:45 PM
Successful trader agar koi banna chahta hai, to usko sabse jayda jaruri ye hi hota hai, ki uska trading plan hona chahiye, trading plan hoga to wo har kaam plan ke mutabik hi karega, jab plan hi nahi hoga, to kuch trade karega, aur kya kamayega.:D

muna1982
2012-11-03, 03:13 PM
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..

forex need discipline t make consistent profit from here so we must set our trading rule. when we have this then we can control our trading volume fixed and money management will be followed automatically. if we trade with stop loss then it will make our portfolio clear every time but if we do trade without stop loss then our plan must be to survive minimum 1500 point movement in a direction so that we did not get margin call.

Java
2012-11-03, 03:22 PM
any work to be rightly we make plans in advance to get the best results we can also fine and a maximum, if we just went over time we will get hurt eventually and we could lose everything with ease

mohammed bawaaneh
2012-11-03, 03:25 PM
yes for sure realy i need trading in my life to be a rich man and have all my goadl in my life and hoqe to have my personal car and travel

SeoHyun
2012-11-03, 03:37 PM
I always prepared my trading plan before I decided to take an open positions, and I will analyze the price movement first by naked trading strategy because I love to trade with candle stick pattern since that is powerful methods :D

Rashequr Rahman
2012-11-04, 08:31 AM
It's always better to play with a plan rather than playing it like an idiot. The same rule applies in trading. Monitor what other people are doing and devise your version of it.

jamilah
2012-11-04, 11:54 AM
the important thing we must always learn and learn .....
not enough that only one or two days to learn the system ..... but it took many days .... and lost a lot too ...

brightandromeda
2012-11-04, 12:11 PM
Trading plan is essential to ensure our trading walk the path that we want, and trading in its implementation plan will be some kind of regulation in the trade. Should always adhere to the trading plan in order to avoid error analysis.

sujarwo
2012-11-04, 12:15 PM
you need a trading plan to be successfull in trading
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,
Absolutely, every trader should have a trading plan or work plan, because all of it to set the pattern of our trade will be more orderly and organized with great discipline to make a huge profit. Coupled with a good MM and analysis in a good trade, I am sure you will become a very successful trader.

FxBD
2012-11-04, 01:18 PM
Trading plan is very important for trader. if trader dont have trading plan then trader have lots of problem. I think without trading plan it is blear for trader. I think every one should have trading plan for their trading plan.

jhonky
2012-11-04, 01:28 PM
trading plan is like a proposal and a stretegy to the way a journey to find the funds to gain and keep safe, how to control, repair, and achieve a profit

faysal.nitu
2012-11-04, 03:12 PM
i think if we havea good pane than we can more focus in our trading , i thin without a proper trading plan and proper money management ruels we can never survive tin the risky forex market. the trader a need a good plan for trading.

thankyou.........

Nazmul
2012-11-04, 05:24 PM
I think that a trading plan to success in trading even forex trading. If you have no trading plan you can not successful in forex market.

Khan Mustafiz
2012-11-04, 05:39 PM
Before we start any actual consideration we must have our own aircraft .We must have powerful perspective and comprehend this industry how it performs .When we offer and when we buy . how to discover the excellent pattern and how to business with the pattern . I think if we don`t have aircraft we will reduce in few times its no whim in foreign exchange industry.

Java Trader
2012-11-04, 05:54 PM
a true trader although not new to the forex world would do such a thing, because they are already prepared both mentally and psychologically was prepared before plunging into forex business, unlike the original trial

true friend. I think everyone who enters the forex trader must have a plan how to trade the good in each merchant. and when there is an error of the plans that have been made ​​I think any dealer will fix it according to the understanding and theory that have.

bhagawanta
2012-11-04, 06:06 PM
exactly!!we need a trading plan before enter the market!!we must have a good preparations to gets a maximal result..there so many things to thougt and to do,we must known all the conditions of the market to be able anticipate or make the best decisions to gets the maximum result!!do the best!!goodluck!

FREEDOM
2012-11-04, 06:37 PM
That is absolutely we need a trading plan before start trading. With the plan we can determine how much we can afford to lose and how much our target. I feel very helped by a trading plan everyday, and it will better if we make for a monthly plan or atleast weekly plan.

bceharun
2012-11-04, 11:41 PM
Of course trading plan is the must before real trade. because without planing no one can success in any business. its very helpful and important in every traders everyday. so advice that every traders need to make trading plan before trade.

blitzkrieg
2012-11-05, 08:08 AM
a trading plan is really needed in trading forex because it will act like a compass that will tell us where we
are going and where we are right now. that is why all the professional traders advise us to have a trading plan.

aray
2012-11-05, 12:55 PM
when we've mastered the three factors above, we do not need to hesitate anymore, because the most important capital already in hand. stay strengthened again with our spirit ...

anowarbd
2012-11-05, 02:35 PM
Planning is a important element to trade a successful business. Everyone requires 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 measure.

CR 7
2012-11-05, 03:33 PM
System that depends on the habits, for that we have to get used to the trading is discipline,
and as much as possible looking for the experience of trading it?

bceharun
2012-11-05, 06:46 PM
of course we need to trading plane before real trade, because without planning no one can success or no one business can develop. so everybody new traders advice that you must learn first about forex and try to collect latest information. analysis before trade and set your plan.

S A Sani
2012-11-05, 10:09 PM
I surely consent with you , without trading plan it is too tough to make good trading in forex, most experts trader think that forex trading success is hugely depends of a proper trading plan. trading plan never help you to stay your strategy and style of trading . which can break in any way.

FREEDOM
2012-11-05, 10:16 PM
We must concern about our business and make a good and long plan for it. I am very agree, to be success we need a detail plan as we can make.
Either some temporary plan can help for making profit but it is not good enough to achieve success.

junaid1
2012-11-05, 10:31 PM
trading plan hamesha faaidamand saabit hota hai jaisay aap ko pta chalta hai k aap ka analysis kesa hai aur aap k analysis main kya kya mistakes reh gai hai aap ko experience ho jata hai aur aik plan se aap ki trading main perfection bhi aati hai ...

jamilah
2012-11-06, 12:47 PM
I think that trading without indicators is good if you can run it with the results still profit but it will be very difficult, because we use a custom indicator will probably take a long time, but it seems to me when it feels safe and comfortable run trading This indicator then we must sustain its prinsif trading because it did not address how the results can be inconsistent but we need ...

SeoHyun
2012-11-06, 12:58 PM
Having trading plan as a trader is a must, and I have trading plan too, we should use money management and risk management in our trading plan and dont you ever broke your trading rules :)

ku_lock
2012-11-06, 01:12 PM
if good money management is also incorporated into our planning, I think it would be very nice to us. because obviously we will always be precise in our use of money in forex trading. so I will make sure we will never lose too much. it will allow us to thrive in this forex business well. because it's good money management is an important part of this forex business.

mutivo
2012-11-06, 01:45 PM
you can work some good trading strategies that will make you some good money , you can make some good trading some great aspect work your way up and understand everything in trading in the same way.

amit khanna
2012-11-06, 01:54 PM
thanks for the idea given,we have to learn to stay longer in forex trading with sound trading plan, it will give me more experience for better trades.

brightandromeda
2012-11-06, 05:50 PM
Trading plan is a form of trading discipline, trading with good planning will always help in strengthening the psychology of trading, even in conditions of great loss when trading plan would be quickly dealt with.

l3azzi
2012-11-06, 07:27 PM
you need a trading plan to be successfull in tradingThe 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,

opus089
2012-11-06, 07:36 PM
I think that, when you adhere to the guidelines of business and use your dealing abilities you get achievements every factor create ideal with exercise. when you business with preparing you can get achievements quickly.

S A Sani
2012-11-06, 08:27 PM
Off course, you must need a trading plan to trade good and sucessfull, without having a proper trading plan you may continue trading but the trading power is still weak because you do not have any rules. but if you have good plan of trading before entering the trade you must enter with a positive trade.

Bankmen
2012-11-06, 09:07 PM
trading plan is part of this game but still you cant know is it good enough for your strategy just because you need time to test it and say that is enough good for future trading. Some plans are still good for any kind of trading.

shakil7142
2012-11-06, 09:29 PM
If you want successful in forex trading,you will be hard working.You can't success without hard working.If be success,you follow some rules.

itsmenadim
2012-11-06, 09:41 PM
Absolutely right. Without proper tading plan no one can succeed in forex. IT is vey important part of forex to have a proper plan. for this he have to study on forex. So, learn first before you invest.

forumripan
2012-11-06, 10:15 PM
Every person need a trading plan to be successful in trading. Without trading plan success doesn't comes easily.

bceharun
2012-11-06, 10:32 PM
of course right..every business need to business plan. forex is international famous currency business and so much technical. you must know the world currency and set your business plan, because without plan no one business can successful.

assi
2012-11-06, 10:54 PM
it is needed that we should make the good plan to get the more good pips from the market so we should be able to have the good and easy tradings in forex for more better way of tradings in forex without any problem

SeoHyun
2012-11-07, 01:06 AM
Trading plan is a must from my view and we need to prepare our trading plan as good as we can, because with good trading plan we can easily manage our trading account to gain profits :)

itsmenadim
2012-11-07, 01:11 AM
Planning is indeed very necessary to be successful. With out proper planing you will suffer badly in your long run. You may earn somethhibg but it will be remain very few unleass you make a proper plan of your future Forex trading.

iwahyudi
2012-11-07, 12:59 PM
Planning is indeed very necessary to be successful. With out proper planing you will suffer badly in your long run. You may earn somethhibg but it will be remain very few unleass you make a proper plan of your future Forex trading.

But be sure to test it first on a demo account, because even as good as any that have been made ​​if the plan has not been tested on demo accounts to generate profits consistently in live trading then it could be useless. Never make a small mistake for a very big risk because the business has a risk and a high liquidity level, so do not ever trade without good planning and tested

yudijoni
2012-11-07, 01:06 PM
Having a forex trading plan and keeping a trading journal is essential to anyone serious about trading currencies. In order to learn from past mistakes and to ensure that you consistently execute your traders based on analysis rather than intuition and emotion you need to journal your trades and regularly study your own track record.

asmakhatun
2012-11-07, 02:05 PM
The longer you can fulfill in the forex trading with a say trading programmer, the Solon potential you testament commence to get a ameliorate run of trades,

aray
2012-11-07, 03:06 PM
to know the basics of forex, we would know why the market will move, only with the fact that we've been able to trade trends, so it's more difficult. basically the indicator function to facilitate us when trading

joko
2012-11-07, 04:27 PM
Trading plan is very important thing in forex because from trading plan, trader can determine his direction to trade with certain strategy and choose certain session. I know if every session can be used to gain profit but I am sure too if trader should find out his best time for trading because different style can be different right timing for opening and closing position.

latapata
2012-11-07, 04:50 PM
Every action has its own good plan to successful in that regarding work. without proper one can find loss in that work. forex is the ground of high risk . so the plan should be strictly well panned and discipline way or shows loss.

dollar
2012-11-07, 04:57 PM
to know the basics of forex, we would know why the market will move, only with the fact that we've been able to trade trends, so it's more difficult. basically the indicator function to facilitate us when trading
with the help of indicator we can not make any planing. because indicator are give a lot of time wrong signal.
for getting success in trading no matter it is indicator trading or other method of trading we need a good planing.

mazzetro
2012-11-07, 05:56 PM
MONEY MANAGEMENT is very important, it's like the importance of the function of a brake for a racer. such as motorbike riders without brakes, finally crashing ...
Set your trading targets both profit and loss. I suggest when it was still early profit targets not be too big, because it's essentially a trading profit continue. eg when we got accustomed daily profit 10 pips,,, then when we're feeling confident with sistem we use then we just add a lot of his course every time trading.

bceharun
2012-11-07, 11:44 PM
Of course every business need to business plan before start. without planing no one business can success. so forex need to have the trading plane before trade. good planing you have to comes good results. you must have to strategy and discipline in forex market.

ishvara
2012-11-08, 06:45 PM
Of course every business need to business plan before start. without planing no one business can success. so forex need to have the trading plane before trade. good planing you have to comes good results. you must have to strategy and discipline in forex market.

We all need a plan in this business if we are going to come out great in it. Planning goes a long way to keep a forex trader motivated and reduce the possibility of confusions and mistakes in the trades that they have opened.

suzonbmw
2012-11-08, 08:18 PM
i think before we open any real account we must have our own plane.but the important thing is how we manage our margins to continue to grow as expected.

suzonbmw03
2012-11-08, 08:48 PM
A good trading plan makes us more focused trading, while the things we do not want to happen in the trading,It is a indian wave site from which lot of people earn money in long time.

ela
2012-11-08, 10:02 PM
Yes, if we only have one science course that money management without any knowledge that other useless so well, but there is definitely such thing as trading strategies, techniques etc. also the fact they are usually the forgotten money management

jamilah
2012-11-09, 01:59 AM
when I think:
consistent MC ago
Consistent Depo ago
Consistent Profit,
Then consistent WD.

S A Sani
2012-11-09, 10:37 PM
Yes, Definitely, you need a proper better is your own making trading plan for success trade. because whenever you will continue trading with a plan your trade cannot be in risky or you will not a big loss which is possible happen in a non trading plan. beside that it will help you to control you emotion and to remove your trading enemy.

king forex
2012-11-10, 03:48 AM
I need a plan that should be calculated and predictable.

because in the market if we do not have a clear plan that I normally would be difficult to determine which option I would choose. the sale or purchase.

zulkifri
2012-11-10, 09:04 AM
to become a successful trader strongest foundation is a good application of MM but most traders think it is trivial in because want to get rich in this business but to be rich in this business is not that easy but hard work and steadfastness in the face of all odds ,,

roro mendut
2012-11-10, 12:59 PM
No doubt Forex is a safe business but only for those who have learn a lot of things through this business ,With out this it is very difficult to survive in this business.we can make our business 100 % safe through our skills and devotions.

ela
2012-11-11, 05:03 AM
management is the key to us in the trade, until we found the technical analysis and fitting for us to implement. when everything is fulfilled then we can do the open position. now lives and analyzes we again predicted that work

sarahmed
2012-11-11, 05:05 AM
thanks alot for this thread, every one should follow a certain plan to reach the goal

richard
2012-11-11, 09:04 AM
to know the basics of forex, we would know why the market will move, only with the fact that we've been able to trade trends, so it's more difficult. basically the indicator function to facilitate us when trading

we can follow the direction of the trend with a variety of indicators and analysis in forex if our decision right then we will be rich with this easy yet difficult thing because in the global economy affects the market so well for a successful learning

radzo
2012-11-11, 11:20 PM
consistent but not necessarily able to withstand the amount of loss that we can , and therefore try to use good technique and management that have been proven to create an account we can last longer

roro mendut
2012-11-12, 09:18 AM
The ratio of loss and profit always can be changed due to the behavior of pips. So no one can say that Forex Trading is an easy job to do, in fact it has a maximum ratio to change up the behavior of any trader due to its crises in currency rates.

alihn
2012-11-12, 08:58 PM
If you want to stay long time in forex market, you should gather more and more experience from the market and senior traders. i think you should learn about trading and technically trade from your own plan, so you will be succeed in future. without planning in forex market , you can befall in loss.

wawaz_i
2012-11-13, 01:19 AM
It's very important thing, I'm trying to be disciplined with my new trading plan, because I do not want to fail for the umpteenth time just being greedy and undisciplined execute a trading plan that has been made, with a good trading plan and a good MM
will produce a good trader and also automatically a good profit as well

deka14
2012-11-13, 01:29 AM
traders always hope winning and all need that..but there is a thing called ( loss ) and all have to accept loss before win.this point that makes traders stronger to continue running in success road..and who will cant accept loss will not continue in forex game..this is my opinion... so the question is... how to make a good trading plan for beginner?

marciano
2012-11-13, 01:34 AM
Trading plan,somehow example i am use by week total profit/loss vs my capital, correct the trading plan needed based from fundamental and analysis , do not trade blindly , trade by your own risk, max profit, min your loss.

radzo
2012-11-13, 06:29 AM
if you really want to succeed, we have to sacrifice first ..
to better understand the price movement each pair, should also see chart ...
if it is able to "feel" it, no need for long anymore ...
the important thing we must believe that one day we will actually be consistent wd from this forex business ..

zulkifri
2012-11-14, 07:17 AM
to move towards success we should not miss any elements, all must be studied, understood and well done, if not miss it we might stuck and unable to develop because stuck with mistakes and failures.

seri
2012-11-14, 04:19 PM
Trading plan is important part in forex because it will guide you how to trade well in any different conditions of market. If there is no trading plan then there is no successful trader because trading plan will manage profit and loss in each transaction, trading plan will determine if current condition is good time for starting trade or not, and trading plan will guide the lot size for trading in certain condition of market.

zayan
2012-11-14, 04:35 PM
yes it is true that without the trading plan you can not have anything in the life so if you want to be successful in life then you must go for the proper planing and then all the time you must keep a plan B in mind to cater for any mishap

mehrab70
2012-11-14, 04:49 PM
yap, everyone needs a better trading plan to success in Forex within A short time. so this plan is most important to rise high in Forex. plan is many ways like as mentally, fundamentally and so many ways . so everyone who trade in Forex who must be a awesome trading plan to succeed.

rebate lover
2012-11-14, 05:49 PM
Off course to 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.

ardi_anduk
2012-11-14, 08:08 PM
If we take the decision to re-enter the market..... we have to be careful (not fear or doubt) and not intended for revenge, and if we are still experiencing loss last step to stop trading until psychology we feel calm and confident we ride. Not a bit of a trader who suffered losses because they were not disciplined against a system that they have created themselves. Then if the target has been reached we have made do not let us stay long in front of forex charts, this sometimes led to a desire to open a new position.

magdy
2012-11-14, 08:18 PM
yeah,, possible that we could profit by Treding without indicators and so on. because I am here still blind to read indicators and grafik.terima love

jogoroni
2012-11-14, 08:20 PM
like most other careers, Strategy is one of the important factors to achievements for the last out of all kinds of opportunities and threats toughest, then I also think in the currency dealing, software system is very necessary for us to create our dealing be up and calculated.

latapata
2012-11-14, 09:23 PM
To do a work or to finish a work properly Evey task needs a proper plan. so in the background of the pre plan is being needed. in forex it is obviously important to success in forex. most of the trader have no trading plan for this reason face loss in forex.

assi
2012-11-14, 09:41 PM
the good tradings plan in forex sometimes work very well and also if we have the good strategy then we can manage the good trades and also we can make the good planning for more better tradings in forex.

rajon999
2012-11-14, 09:49 PM
Every person has a good plan for live trading. there are a lot of people trade here & they more profit in forex because they have good plan trading. If you use trading strategy then you must more profit. if you beginner then you can use demo for great strategy practice.......

legitbusiness
2012-11-15, 01:10 AM
yes off course ..every successful business is based on long term planing .. and here this is not easy task first learn then earn

nonsepos
2012-11-15, 01:11 AM
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..


You also need to take a look at the level of service that the broker is able to offer. Regulated Forex brokers operate to a set of minimum standards as laid out by the regulator.

CR 7
2012-11-15, 02:27 AM
learn to believe in the system. so after my position stay put and let the system to work. is sometimes hard and want to monitor default chart continues

muksin
2012-11-15, 03:06 AM
Here are some points the way forex trading is good and right for you can practice:
1. Learning.
2. Avoid Overtrading.
3. Avoid Over Leveraged
4. Do not Depend On Others.
5. Trading A Pair, Not Only A Currency.
6. Preparation Before Trading.
7. Trend Following.
8. Transactions Liquidasi the Poor.
9. Note the Technical Conditions.
10. Emotion Free Trading.
11. Confident.
12. Consistency.

Ma Mk
2012-11-15, 03:16 AM
Better access to the market according to a deliberate plan is no reason why the analysis to follow volatility Anlat market and Forex

heru
2012-11-15, 03:22 AM
thank you for this thread
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 . i think if we don`t have plane we will lose in few days its no mercy in forex market
you are right boss, in the trade we have to have planning, planning is like a simulator for us, with our planning will have an experience though not yet experienced. Good planning makes us one step ahead

rebate lover
2012-11-15, 04:52 AM
like 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.

pavais
2012-11-15, 07:30 AM
if we make the trading strategy may not be optimal in finding the best
because this trading strategy is all very well all nothing bad in my opinion but it depends on our own running strategy to make the best future

perez
2012-11-15, 08:19 AM
bonuses despite posting on this forum we get capital, but consider this post as a bonus our hard work so we have to appreciate the hard work we do not get our capital runs out.

Hansip
2012-11-15, 10:07 PM
like 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.
Being a successful traders you should control your emotion when you trade in Forex market. you should take advice from your senior and control your greed. You should looks through Forex factor for the news of Forex trading. That`s the way to became a successful traders.

bceharun
2012-11-15, 11:03 PM
Of course before planing is the best for any work, here are also same as it is. when you think to trade then set your preparation, such as 1. show market condition 2. learning 3. confident 4. control emotion etc... so forex is a business and must have to plan before trade.

malik
2012-11-16, 02:37 AM
Trading plan kay bghair to koi bhi kaamyaab nhaeen ho sakta forex trading main, aur aik trader jis kay pass koi plan naheen hota wo kabhi market main kamyaab naheen ho pata, is liye trading plan to tiyaar karo aur phir implement karo.

rebate lover
2012-11-16, 06:43 AM
Without plan no one can success in any business. Since forex is very risky business, planning is very important in this business. I have to have a plan where to I stop, where to I open, how much loss I will sustain. how much profit will be satisfied to me. All these plans should be fixed before going to trade. I think if we can remember the plan while trading success will be caught to us must.

genjer fx
2012-11-16, 07:34 AM
Good trading plan is the backbone of a successful trader. A trading plan should have ingredients such as entry and exit procedures, types of analysis, the indicators that we use, money management rules to decide how much volume to be risks in the market and set a stop loss and take profit settings. to follow it all, then succeed in forex is not impossible for you.

mamunga
2012-11-16, 08:55 AM
in forex you need to have real plan to make success. and in forex this is better if you trade in demo account and can practice a lot. without having any plan you will never be succeeded in trading. you must have a good strategy there.

muksin
2012-11-16, 05:20 PM
everything should be good all three must be true mature all, there should be no united in numbers or in the number-emphasized, because if one of the three points above the ugly, it will be a huge impact on our trading. so the third point is a unity that can not be separated.

zam
2012-11-16, 06:36 PM
in forex you need to have real plan to make success. and in forex this is better if you trade in demo account and can practice a lot. without having any plan you will never be succeeded in trading. you must have a good strategy there.

Every job we do we should preparing a plan to do. In forex trading, if we not preparing a good strategy and analysis and not dicipline with our rules, we can loss our money shortly

ishvara
2012-11-16, 06:56 PM
Without plan no one can success in any business. Since forex is very risky business, planning is very important in this business. I have to have a plan where to I stop, where to I open, how much loss I will sustain. how much profit will be satisfied to me. All these plans should be fixed before going to trade. I think if we can remember the plan while trading success will be caught to us must.

Yes you are correct to mention that, in the world business field, every participants must always have a plan that they would apply to their trading. Success would come fast to a forex trader if they have a plan before hand in all their trades.

ardi_anduk
2012-11-16, 08:40 PM
I've never seen a successful business without starting with a plan. Do you honestly think that Wal-Mart is only created by the act and then magically become successful? Or what about McDonalds? I'm sure almost all oarang can make a better hamburger than McDonalds, but the difference between them and the individuals is they have a successful business plan to guide them to success.

kukuruyuk
2012-11-17, 08:18 AM
if we want to succeed in the forex, it at least we should have the same prinsif with the post above, that you should never count our monthly income entirely, because Accordingly frequent traders who went bankrupt, other than that we also must be able to adapt our psychology terms of trade or transaction we do it.

perez
2012-11-17, 09:01 AM
in forex movements we are able to analyze the history of prices but the real movement of yesterday, today and tomorrow would be different, and of course there will not be a definite indicator and only approached in outline only.

roro mendut
2012-11-17, 09:16 AM
If the losing is not because of our mistakes so we must think how is the effective way to make money management so it can be better than previous trading.you planned to do when you suffered loss in forex like that. If you did exactly like you've said in here, I am sure that you will have better trading plan in the future and you always be better trader

kum
2012-11-18, 02:58 AM
To overcome this it is necessary first familiarized
is all it takes process, so if you could direct not possible,
for it from the outset also have to learn discipline and psychological control

king forex
2012-11-18, 03:20 AM
we know that forex is a world famous currency trading market,it is very risky and hardy business for us

if we do not have good trading planing about forex business so we shall not be able to become a successful forex trader.

pavais
2012-11-18, 03:31 AM
to see the error, what can not be shorter again let me not that long, no matter the time according to me but this level of intelligence of each trader, took a long time or not depends on the perception that someone who studied such

rajakhulna27
2012-11-18, 03:34 AM
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. 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. A trading plan is your trading GPS. It will show you where you currently are as a trader and help you get to your destination:

malik
2012-11-18, 04:03 AM
Traders kay liye trading plan bnana koi baree bat naheen hay lakin asal mushkil hay trading plan ko implement karna aur phir us ko follow karna, bohot thorray traders hain jo plan ko poore trah say implement karty hain aur yahee wjha hay traders kay loss ki.

shint
2012-11-18, 04:41 AM
the step strategy:
1. Good mental
2. good market strategy
3. patient in making decisions

profit50pips
2012-11-18, 09:06 AM
when I had lost every thing that i invested there but still I never left forex and came back strong and strong and now i am in a better position and making good effort to earn and some how I am expecting some good profits in future and do not want to make past mistakes again. After I lost I came back again with more and more funds.

arun
2012-11-18, 02:57 PM
main abhi is feeld men naya hon or meri abhi training chal rahi hai or main zyada se knowledge hasil kerna chahta hon is ley mujhy is ka abhi pata nai hai jo main uch bata sakon btu jaldi hi learning complete ho jay gi.

newentries
2012-11-18, 03:12 PM
in forex trading, it is very important for traders to make good preparation before they take trades in real account, making a good plan in trading will help traders to detemine how they trade and lead them to getting good results.

pavais
2012-11-19, 06:49 AM
turns out there are arms. I also alters rise from adversity are just staying $ 2, it was hard ya looked for profit. But keep the spirit.

alif ahmed
2012-11-19, 08:09 AM
Almost every single trader want to be good in this field but it does not mean that we will get a better life in the trading , we need to control our greediness and make money fast fantasy any person who want to be successful very important for them to do just trade on strong signal kick out all those factor which bring losses for him or her ..

getrich1985
2012-11-19, 08:37 AM
You are right, we need a good strategy to become a good trader in the forex market, we can not trade and make profit here without a good strategy. So we should trade on demo account first to get a good strategy for trading on real account.

aandree
2012-11-19, 08:58 AM
I made many mistakes in my trading before and one thing I ignored always is making my own trading plan. I only learn how to make my trading plan this year because my last year trading experience is always about experiments with different techniques and strategies.

assi
2012-11-19, 09:33 AM
i strongly recommended that you should have the good planning in the forex market to have the good tradings because with the poor planning you may not be able to have the good tradings and mostly you will lose the more money.

kum
2012-11-19, 11:55 AM
is sometimes wrong place but if not sorry if you got hit too far, even regret also was not a satisfied man ya,, should introspection need not be grandiose grandiose take profits, bit by bit only

amit khanna
2012-11-19, 11:58 AM
thanks for the information shares, a trader should stay longer in the market to attain maximum experience from the market.if a trader losses quickly how can he get knowledge from trades.

runu
2012-11-19, 12:11 PM
i judge before we outside any true record we moldiness bang our own shape .. we must acquire sinewy survey and translate this marketplace how it totality . when we cozen and when we buy . how to judge the morality disposition and how to change with the tendency . i anticipate if we don`t love sheet we faculty recede in few days its no compassion in forex market...........

nonsepos
2012-11-19, 12:16 PM
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 love scanner e-book allows you to grasp the idea and key points relating to the trading in foreign exchange market. A good e-book will contain all the essential information on technical aspects, forex glossary, chart reading and financial indicators.

kharisma
2012-11-19, 12:32 PM
trading plan is important in forex trading because if we use trading plan in our trading we
will make our trading always safe and we can keep our trading account still profitbale.

sayidatul
2012-11-19, 12:43 PM
has to be on any dealer that has a plan in trading first trading method itself, and which depend on them and any kind of analysis depends on the way trading Othania steps to begin achieving them one by one to maintain capital enlarged with time and achieve a greater proportion of the profit

hend
2012-11-19, 01:32 PM
trading plan is very important indeed and very helpful for us to get good results in forex trading. because of the planning that will allow us to always appropriate decisions. because it will not be a lot of emotion in our excessive trading. because it's in my trading plan can also be a solution so that we can control their emotions well in our trade.

profit50pips
2012-11-19, 01:48 PM
If loss happened due to your mistake, first fix the mistake and then try to avoid this mistake in future transaction. If you beared loss due to the accidently changed in some things then this is not your fault, it is a case of luck where you can't do anything. All you need to consantrate only on your work, forget the loss.

sundari
2012-11-19, 02:23 PM
we all need plan to trade, because trading is like any other job you do, in any field or job if you don't have a plan , you all know that you won't succeed or if you did that would be because of luck

Hasanman
2012-11-19, 04:37 PM
Off coursework to become a profitable trader you require 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 in the event you do the work proper way you must require a plan. A lovely trading plane not to do simple it is hard they only make a plane then when they have plenty of knowlage about it & more money for survival then they will do this.. good luck :peace:

bceharun
2012-11-19, 05:24 PM
Yes...Its very much essential to prepare you trading plan. every business required to plan before start business, here are also same. without planning you can't success in trade and not make profit. so analysis the trading market and than decide to trade want to be successful.

taranjit1958
2012-11-19, 05:43 PM
how we sd plan an stretegy sir , will u guide sir ?

---------- Post added at 05:43 PM ---------- Previous post was at 05:40 PM ----------

thanks for advice but it is difficult to forget loss which we suffer due to circumstance changes.

anems
2012-11-19, 05:52 PM
to succeed in forex trading you need a plan to follow. First take the concept of online commerce. understand the strategies of how to analyze forex indices. I think this is the best plan to succeed in business.

yudi
2012-11-19, 05:55 PM
A trading plan is a very important tool for any trading who wishes to make a headway in trading the forex market. Without a trading plan traders will more often than not come to a loss in their trading decisions.

ATIDK
2012-11-19, 05:57 PM
I think before we open any real account we must have our own plane .People those who are unemployed they can work with forex in ideal time.It is a indian wave site from which lot of people earn money in long time.

pkonlinejobs
2012-11-19, 06:13 PM
yes brother humy trading m aik good or big plan ki zarorat hoti hy. agr hum without plan trade krty hn to hum apnt aim or target tk nhi pohnty, es liy hum bht pechy rhty hn... trading se phly plan or target ka zaror sochna chaiy...

anowarbd
2012-11-19, 06:23 PM
Trading plan is more important in Forex trading. If any trader can make effective planning can bear more fruit. 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.

mithun
2012-11-19, 08:37 PM
Trading planing is very important to be a successful forex trader,forex is a global trading market,a lot of very expert trader are trading in this trading market,if we would like to be a successful forex traders so we need to good trading planing about our trading.

for pips
2012-11-20, 03:36 AM
Good dealings organize makes us additional focused dealing, whereas the items we often don't need to happen within the dealing, it's a impact of every investor, however the necessary problem is how we often handle our edges to still develop surprisingly.

infoworld
2012-11-20, 05:00 AM
Trading plan is as important as anything you can thing of and it is a prerequisite to successful trading and he that wishes to have successful trading should have a trading plan and be discipline to follow it up