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Thread: Trading Strategy vs. Trading Plan.

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    Member forextrader38 is on a distinguished road forextrader38's Avatar
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    Well, foreign currency trading strategies is needed, and it is always necessary, so that we can make a profit and how much better bargaining power, and if we have a strategy and has been tested and proven to be successful, and our strategy is to use a more powerful, we have a you can earn profit.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Amazing question that both are absolutely important here.
    A good trading plan gives a good profit...and good strategy is made by the good trading plan.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by yogesh View Post
    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.
    thik ha k main forex strategy ko kafi ahma manta houn par main to app ko yahi kahoun ga k forex trading main jo plan ki ahmiyat ha na woh kisi bhi cheez ki nahi ha forex trading main plan sab se bast ha

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Junior Member bdays is on a distinguished road bdays's Avatar
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    I think you are a hopeless person and the more you loose the more hopeless you become.. so i suggest you to take a vacation off from the Forex trades and get your mind freshen up... this will bring some hope in you and you ll most probably get to be at the wining side.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    there will be no plan without a strategy, and so does the strategy will be less perfect if not planned in advance. so the two are related.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    yes your point is absolutely right, there is a big difference between trading strategy and a trading plan, trading strategy is a part of trading plan and it includes various things like trading strategy, money management trading time, risk to reward etc. trading plan is consist of your overall trading routine

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by bharat23 View Post
    Well forex trading strategy is must and its always necessary to us to make a good amount of profit while doing trading and if we have our strategy 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 .
    Yup having good strategy is must to stay in forex trading and perform well, but this is not alone, quoting the above post i made we need a broader plan that include strategy as well as forex trading, capital and risk management rules settled by expert traders and analysts.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Well forex trading strategy is must and its always necessary to us to make a good amount of profit while doing trading and if we have our strategy 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 .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Trading Strategy vs. Trading Plan.

    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.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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