Why Forex Traders Need a Business Plan (Just Like Any Business).

isme kisi aur profession ke comparatively jyada planning ki jyada jaroorat hoti hai kyoki agar hum global market mein trade karte hai to hamare competitors bhi all over the world se hote hai aur wo bhi banking ya institutional professionals to iska matlab unse trade karna bhi utna hi mushkil hot hoga isliye well prepared entry aur exit plan hamare liye bahut hi jyada jaroori hota hai. yes if we have a good trading plan then we can take good profit from Forex busienss but i think only plan is not important in this business if we have good experience of this busienss and have a good trading skills then we can take good profit Forex market without any risk factor.

bhai ager ap koi w small business karin gy to ap ko pehly approach karna pary ga okay kesy karin to humain is actually us faida ho ga is actually liye forex trading small business ko karny okay liye w pehly approach karna zarori haya approach kar okay ager hum is actually ko karin gy to hum is actually small business ze boht faida hasil kar skty ahin or perhaps abundant suspend skty hain. yes they need a paln for sure forex is like you have a store you have your money you buy close and sell it you cant just do taht you need a plan and see what saison is this and which price will be sutable its the same only with money in teh forex thats the only differnce thats why tiy will ned a paln

yes, my dear of course, I obviously believe that good plan is very important in any business you want to do , you should always trade in forex with a good plan that suit your capital and your trading system , you should always organize your trading and avoid trading randomly my dear. Kisi bhi business ko ek sahi disha dene ke liye ek plan ki jarurat hoti hai aur agar humare paas ek good plan nahi hita hai to phir humari profit consistency ke sath nahi ho paati hai aur forex trading karane ka risk bhi humare sath hota hai esiliye ek good plan create karna aur uss par amal karte huye trading karna bahut jaruri hai.

Simply basically zero I'm by no means new within here, I manage in in such a page since few years and Many of us work within trade with foreign currency trading. I have sufficient thought upon forex trading regulations and I must say i do trade combined with remember laws in foreign currency trading. So the particular spouse plus i hardly any demands first foreign currency trading rules to my opinion personally singularly.

Forex business is the most risky and tough business . but people love this business ,because this business is the most profitable business . If any one wanna earn by this business then he/she need a master plan to make a successful trader . Every thing need to plan for make a good trader . Every forex trader need a trading plan otherwise he will not be successful in the forex market it is only because Market is very tough to only those traders are successful in the forex market those having a true plan & with the right plan you know what market will do in situations

All forex traders, new or old need a plan to trade. A plan helps track the movement of the market, analyse the history and monitor trade.

because always and everywhere you need a plan, you can't do without it, it will give better results and more profitable

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Originally Posted by Elililisha

because always and everywhere you need a plan, you can't do without it, it will give better results and more profitable

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isme kisi aur profession ke comparatively jyada planning ki jyada jaroorat hoti hai kyoki agar hum global market mein trade karte hai to hamare competitors bhi all over the world se hote hai aur wo bhi banking ya institutional professionals to iska matlab unse trade karna bhi utna hi mushkil hot hoga isliye well prepared entry aur exit plan hamare liye bahut hi jyada jaroori hota hai. yes if we have a good trading plan then we can take good profit from Forex busienss but i think only plan is not important in this business if we have good experience of this busienss and have a good trading skills then we can take good profit Forex market without any risk factor.

Forex business mai achi earning hasil krney key lye ap ko forex market ki planning krna zaroori hai. jAB AP FOREX MARKET MAI ACHIO PLANNING KEY SATH TRADE KTEY HAI TOU AP MARKET MAI ACHI EARNING HASIL KR SAKTY HAI.

After a small time spent on learning and practicing and even do not plan and take care of the money management aspect and just ignore giving attention to the risk ratio in his trading and he ends up losing all he got,that's why forex need a planning.Planning is need in every part of life,not only in forex,planning mans you are setting targets,you are setting the way to attain your objective .