Trading Strategy vs. Trading Plan.

[prothom.ses]

trading plan is very much essential for a trader. when a trader invest his money for his business he wants a good plan for his business. strategy also needed for a man. if he has some knowledge about strategy then he can take a good plan for his own business.

[fantasyman]

Efficiently automatic secrets is always is intended which used to beneficial that will me which will bring about so much intrigue and executing selling if there is our own answer that is established and additionally examined thises excellent then you should we tend to owns it then and as a consquence build up that acute make money as well as the otherwise involving our answer are sturdy both the even more we tend to has the capacity to capable of generate sale

[hmbelal]

which is tested and proved its successful then we can use it and make a good profit and the more our strategy will be strong the more we can able to earn profit

[nahial]

A trading plan removes any bad decision making in the heat of the moment. Your emotions can consume you when money is on the line, causing you to make irrational decisions. You don't want that to happen.

[sharabela]

You are very right. They are two different terms and they mean differently too. Basically trading plan is a part of trading strategy as well. Thanks for posting this that really has made us think about these two terms again.

[hmbelal]

A trading plan may include market to trade time frame strategy used entry and exit rules of strategy and money managment and risk mangent rules

[Nganti]

the both is very usefull for trader,so more better dont leave of them , beside that we also must use good of money management to recover when our trading going to floating loss

[kaia]

Both are equally as important, because when we are trading we must have a clear plan, should be how to deal with the existing market. But that does not mean the strategy is useless. a good strategy, then we will be able to profit would be even better.

[king]

Some people think trading strategy and trading plan are the same thing, but this is not really the case. Trading Strategy just tell you when to enter and exit trades while trading plan is more comprehensive and includes trading strategy. A trading plan may include market to trade, time frame, strategy used, entry and exit rules of strategy and money management and risk managent rules.
And so we need a comprehensive plan for trading and not mere a strategy.

I agree with you there is not a large difference between the trading strategy and trading with a plan, and for me I think that trading plan contains a strategic trading and all the technical as the money management .......

[forexwallet]

Some people think trading strategy and trading plan are the same thing, but this is not really the case. Trading Strategy just tell you when to enter and exit trades while trading plan is more comprehensive and includes trading strategy. A trading plan may include market to trade, time frame, strategy used, entry and exit rules of strategy and money management and risk managent rules.
And so we need a comprehensive plan for trading and not mere a strategy.

g han ap ka kehna darust hai me ap ki is baat par agree karta hun ke forex market me achi trade karne ke lye aik achi strategy ka aur sath me aik ache plan ak hona bohot zaroori hai