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3 Main Pillars In a Trading Plan

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3 Main Pillars In a Trading Plan in Forex Education_xx
3 main pillars in a trading plan, in my personal opinion

1. Forex trading system - determines the right time for entry and exit, according to the analysis based on the trading methods and strategies we use.
2. Money management system - determines the amount of risk per trade and position size according to the balance in our trading account.


3. Emotion management system - ascertain our emotional state at that time, whether our emotions are stable and are worthy to open a trading position. If our emotions are unstable it is feared that this will have an impact when we make a decision. This emotional checklist is needed if we trade completely manually. If we use trading software that automatically provides entry and exit signals, this emotional checklist can be ignored.



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#1 - February 23, 2019, 03:53:09 PM

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3 Main Pillars In a Trading Plan in Forex Education_xx
3 main pillars in a trading plan, in my personal opinion

1. Forex trading system - determines the right time for entry and exit, according to the analysis based on the trading methods and strategies we use.
2. Money management system - determines the amount of risk per trade and position size according to the balance in our trading account.


3. Emotion management system - ascertain our emotional state at that time, whether our emotions are stable and are worthy to open a trading position. If our emotions are unstable it is feared that this will have an impact when we make a decision. This emotional checklist is needed if we trade completely manually. If we use trading software that automatically provides entry and exit signals, this emotional checklist can be ignored.
That's true , one Time we loss , our phycologis down , I choose to not trading at these moment
#2 - February 23, 2019, 04:32:28 PM

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analysis system, money management and psychologist are three pillars that cannot be separated if you want to succeed tradingforex.
#3 - May 20, 2019, 06:31:02 AM

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3 Main Pillars In a Trading Plan in Forex Education_xx
3 main pillars in a trading plan, in my personal opinion

1. Forex trading system - determines the right time for entry and exit, according to the analysis based on the trading methods and strategies we use.
2. Money management system - determines the amount of risk per trade and position size according to the balance in our trading account.


3. Emotion management system - ascertain our emotional state at that time, whether our emotions are stable and are worthy to open a trading position. If our emotions are unstable it is feared that this will have an impact when we make a decision. This emotional checklist is needed if we trade completely manually. If we use trading software that automatically provides entry and exit signals, this emotional checklist can be ignored.
the most difficult pillar in my opinion is psychology management ;D
#4 - May 20, 2019, 07:53:46 AM

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3 Main Pillars In a Trading Plan in Forex Education_xx
3 main pillars in a trading plan, in my personal opinion

1. Forex trading system - determines the right time for entry and exit, according to the analysis based on the trading methods and strategies we use.
2. Money management system - determines the amount of risk per trade and position size according to the balance in our trading account.


3. Emotion management system - ascertain our emotional state at that time, whether our emotions are stable and are worthy to open a trading position. If our emotions are unstable it is feared that this will have an impact when we make a decision. This emotional checklist is needed if we trade completely manually. If we use trading software that automatically provides entry and exit signals, this emotional checklist can be ignored.
in trading requires good planning, and the 3 pillars can be used as a basis to support success in forex trading.
#5 - June 10, 2019, 10:32:53 AM

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3 pillars That is the main basis that must be mastered by novice traders, To be able to survive and lead to success.
#6 - February 17, 2020, 03:24:06 AM

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In my opinion the most difficult is Emotion/psychological control, because this is directly related to the heart and mind and emotions.
#7 - February 17, 2020, 05:54:47 AM

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These three things are indeed pillars in trading that we must not ignore and must be applied properly, especially risk management which is very important in the security of our account.
#8 - February 17, 2020, 07:05:20 AM

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The three main pillars of trading are very important.
So do not know it, the way to achieve success will never be found.
#9 - February 18, 2020, 06:06:31 AM

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The three pillars of trading are indeed basic but sometimes traders often ignore them. Want to profit but not equipped with these three pillars. 
For that reason, I understand that as a beginner, the first thing to do is to deepen understanding of the three pillars.
#10 - February 19, 2020, 06:44:20 AM

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one of the pillars that I think is the most difficult is psychology because psychology is needed from the beginning we start trading until unlimited time during our trading, but the 2 other pillars also should not be ignored because it is also important.
#11 - February 20, 2020, 09:54:50 PM

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indeed these 3 pillars are very important and one of our pillars is not disciplined so trading will fail, like a building that should have 3 pillars but only 2 pillars that function then the building will collapse.
#12 - February 23, 2020, 05:06:02 AM

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the three pillars are indeed we can not ignore one of them let alone 2 or all of them because in achieving successful trading all of these things must be passed and applied properly.
#13 - March 19, 2020, 08:09:43 PM

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The 3 pillars in trading are indeed very compact and we cannot ignore one of them, so we don't need to assume that one of them is the most important and must be done because the three pillars are complementary.
#14 - March 27, 2020, 01:28:01 AM

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Forex business is very profitable as long as you can understand the 3 important pillars.

Trading System, MM and Psychologist.

Traders who can control the pillars have the effect to achieve success.
#15 - April 20, 2020, 06:48:17 AM

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