Create trade plan system, one by one.

[Mod_e_koyok_wedhus]

And of course we also have to be able to do a good money management then There are many tools for identifying the trend on your platform and also some custom ones but you have to find the one that suits you then It is very important to be able to clearly identify the trend in forex trading activity namely So from the analysis, we can predict the trend. Just trade with t so Actually i do not have the correct answer and trend is a traders friends, for me trend is only a freebies, if trend shows that the best opportunities to trade and this my favorite market condition, to determine trend you must need to use indicators and draw a support and resistance this few tools helps to know the trend.

[asumomod]

GMACD them, which I got from a friend post the results in this indian forex forum. that But to be sure we sometimes need to use more indicators as if its a big of prectical thing so i am not sure if i would be able to tell you here how you can do this , but this i can tell you that you can use the MACD or the ichimoku kinko hyo for this purpose as well if you want to this would be easier for you, many indicators that provide a signal that the trend is moving that is ys and we can use one or more at a time.

[janiabo1122]

sir ap ny ju strategy btai hay both achai hay or har kam ki kamyabi k pechy honi wali 1 plan per denped krta hay ,,agr ap ka plan acha hay to ap success hasil kr lo gy

[princeg]

aap nay jo strategy btai hay bohat achi hy aur har kam ki kamyabi k peechay us k peechay hony wali achi planning hi hoti hay agr aap ki plannig achi ho aur aap us plan k mutabik chal b lain to yakini bat hay k ap kamyab ho jain gay sirf aap ko apni skills ko kam main lanay ka pata ho
aap nay jo guide lines di hain waki bari faidy mand hain thnks for this

[bablu7832]

Yes friend we all must develop our trading plan before even thinking of investing in real market.We must practice in demo account for that.It is a step by step process.We must learn to trade with patience,discipline and caution.Improve our risk and money management and polish our trading skills.

[lume45]

i agree with you forex trading is very risky business and you do not get success if you do not have good trading plan and good money management to earn profit so always use take profit and stop loss in your trading and then open real account and get profit

[sajda]

yes dear i think that you are saying true and i think that you should build up a trading plan and then you will surely earn a lot fronm forex trading and i think that forex trading is the best way to earn money and to become asucessfful trader in forex

[fxmaster2]

Having a trading plan is a nice start for a newbie and so it provides us with a clear aim and plan. My main goal is to make profit but having a trading plan is not the most important thing becauese first you need to play a role in learning Forex so that you can safeguard an income.

[ObaFX]

i do not consider a trading plan as been too important rather a trading strategy is the key to successful trading as the forex market is constantly changing and changing constantly with it will only result in always losing so having a strategy that trades when the odds are good and not trading when the market changes arrive is key to success.

[greener]

Trading plan is a very basic thing for a trader. A trader must have a trading plan if want to survive in the forex world. Trading plan became the basics of all traders who succeed. Do you agree with my statement?

Trading plan

1. Determine our trading Style
we include scalper, Daytrader, swingtrader, position trader, or investor?
it's important to determining our trading schedule, n our trading strategy

2. Determining the Trading Schedule (morning, afternoon, or night)
it is associated with the strategy taken, would make trading in sideway zone (morning-afternoon) or in the market zone when market open (evening and night) for the EU GU pairs.

3. Creating Trading Strategy
including the open position rules, rules Exit. whether to use a stop loss, cut loss, TrailingStop, hedging, martingale, doublecover, averaging, etc..
trading strategies in accordance with the rules no 2, the trading zone which will be used, make no mistake in putting strategies = do not place the scalping strategy in the market zone/ market open, and do not put the market zone strategy in sideway zone.

4. Making Money Management based on strategy
MM is very important in trading,do not occur our plans that we have been compiled from number 1-3 is good, but was destroyed in an instant because MM is not good ..

5. Strengthen our Trading Psychology
psychology is the most important factor in trading, as in control of all the rules that have been made, so should not oversimplify the psychology of trading, DISCIPLINE, CONSISTENT, greedy, STRESS, revenge, is a common thing in Forex.
we should be able to set it in order to get the Maximal Profit , also get the peace and comfortable life.
posted by Pamangober

Happy trade for you

Thanks for all this great information, setting a trade plan is vry important to traders because through trade plan they can monitor themselves and also determine when to trade and when not to trade. trade plan is a good way of accessing your progress in forex