How to Plan Your Trade?

[hendarto]

the preparation is good, then we already have a strategy that we will use in trading. I think if a good plan it would get maximum results. but it also takes experience, because they often fail because of lack of planning can control themselves.

[dayat]

planning and discipline is the key to success of all activities, including planning in the business of forex trading. prior to trading, a trader must make a good plan to get the desired profit. then use a stop loss and take profit targets and determine the points which it is transacted. follow the trend of market movements, not the financial management of emotions and also must be well planned

[rajon01]

There is different ways in planning a trade but this is how I do it.

A. This is the entry point determined by the MACD. There is no mystery
about the entry. When the MACD satisfy the rules as outlined in the 4
Hour MACD strategy document then enter.
B. This is our first area of partial profit taking. We have 3 barriers namely
the 8EMA, 21EMA and the price level of 1.2200 to overcome. Where
you set your partial profit taking is up to you. If you can watch it live you
can always decide real time otherwise set it at what you feel
comfortable with. The order of importance is price level first, then
21EMA and the 8EMA.
C. Next is the 89SMA and the price level of 1.2100. Both very important
but the 89SMA normally halts or turn the price around. At this stage I
will close everything except 20% of my position if there is still room to
go.

[gazrux519]

something planned result is better than doing business without a plan in advance. gains and losses should be prepared as far as possible so that something undesirable things can be minimized. take advantage of trading do not need lots of targeted perhaps 100 pips a day and maybe 30-50 pips loss.

[cozard007]

Planning of trading is a very cheap thing in the financila market, this is a thing that has a lot of benefits if carefully indeed followed, it will even help the account management.

[hello927]

Planning is important factor in forex. If there is good planning then there are less chances of loss. First of all plan according to the market situation, then use your best strategy to handle tough situation. Usage of tools like stop loss and take profit is also very important.

[challenger ab]

I plane my trade with my best strategic way! this very much beneficial for my business!

yes every trader know before we trade we must make good plane to make trap to the market and think about alternative plane because if the first plan not succeed then use the second one and the planning make us sure from making profit because we study every thing

[shohel molla]

Every one should follow a good trading strategy . Because with out good forex strartegy nobody can be success in forex.so if you can be success in forex please follow a good strategy which you make .

[onbtavptbav]

Your plan in the circulation is very good and rely on its index wonderful and also trading analysis classical and rely on Trend formed and subsidies and resistors congratulate you on this plan which is very close to your style but I do not use the indicator MACD is not any indication at all only classical analysis and subsidies and resistors to frame a small quarter of an hour because I Do Scalping ..

yes anoh his trading plan is so great but its missing some things...i din't find any rules about the money managements or the managment is a one of the most important parts of the trading plan

[galaxy]

before entering the market. we must have good planning. when to enter the market and what take profit and stop loss. and should it all be setup before you enter the market. so you will not change the setting stop loss and take profit again.