Forex Zone - Forex Forum

3 Main Pillars In a Trading Plan

Discussion started on Forex Education

  • Hero Member
  • Posts: 54980
  • Points: 168
  • Likes Received: 47
  • Reputation: +53/-46
You must be able to use emotional management and system management in a more mature way and this is so that you can take advantage of the benefits to be more conducive.
#571 - January 29, 2024, 01:57:51 AM

  • Hero Member
  • Posts: 57881
  • Points: 166
  • Likes Received: 76
  • Reputation: +18/-46
You can use money management and emotional management so that you can trade with high effectiveness and you must be able to use this, you must be able to involve it so that you have the right system
#572 - January 30, 2024, 01:07:47 AM

  • Hero Member
  • Posts: 54980
  • Points: 168
  • Likes Received: 47
  • Reputation: +53/-46
Emotional management and money management are things that you must make good use of so that you can manage trading correctly with your own system.
#573 - January 31, 2024, 12:54:41 AM

  • Hero Member
  • Posts: 57881
  • Points: 166
  • Likes Received: 76
  • Reputation: +18/-46
learning emotional management and money management is indeed one of the most important things we have to learn before we go further. The system is important. But it is more important about management because it is the most basic setting of a trader.
#574 - February 01, 2024, 01:28:20 AM

  • Hero Member
  • Posts: 54980
  • Points: 168
  • Likes Received: 47
  • Reputation: +53/-46
Trading planning is divided into three things, the first is trading systems regarding techniques, the second is money management regarding capital or how to use money well, the third is emotional management regarding psychology and mindset, all of which you must master.
#575 - February 02, 2024, 12:41:49 AM

  • Hero Member
  • Posts: 57881
  • Points: 166
  • Likes Received: 76
  • Reputation: +18/-46
The important thing here is to use management well, whether it's money management, emotional management or risk management, and the second thing is to learn about technical analysis, which is also important.
#576 - February 03, 2024, 12:44:19 AM

  • Hero Member
  • Posts: 54980
  • Points: 168
  • Likes Received: 47
  • Reputation: +53/-46
When you use emotional money management, it will make you have a lot of strong understanding for you to trade because it will run your system well.
#577 - February 05, 2024, 01:17:10 AM

  • Hero Member
  • Posts: 57881
  • Points: 166
  • Likes Received: 76
  • Reputation: +18/-46
If you use money management and risk management well then you can get a high chance of success. The use of management will not provide a solution for you so that you can carry out this activity.
#578 - February 07, 2024, 12:42:30 AM

  • Hero Member
  • Posts: 54980
  • Points: 168
  • Likes Received: 47
  • Reputation: +53/-46
In my opinion, the system is important, especially regarding management. When we use management well, we can get optimal results. Using emotional and money management properly will make it easier for us to trade.
#579 - February 08, 2024, 12:45:52 AM

  • Hero Member
  • Posts: 57881
  • Points: 166
  • Likes Received: 76
  • Reputation: +18/-46
The most important thing here is to create an appropriate management system to create a good management system.  So that later we can get opportunities with the best results and you must be able to use this, especially regarding money management and emotional management
#580 - February 09, 2024, 12:57:01 AM

  • Hero Member
  • Posts: 54980
  • Points: 168
  • Likes Received: 47
  • Reputation: +53/-46
Managing management is an important thing here, especially money management and risk management where when you trade well then you can trade in a more effective way.
#581 - February 10, 2024, 02:02:23 AM

  • Hero Member
  • Posts: 57881
  • Points: 166
  • Likes Received: 76
  • Reputation: +18/-46
emotional management system management, everything is important. The trading system is important, so don't trade without these three pillars because this is very important for you to create and run with high optimization.
#582 - February 11, 2024, 12:51:14 AM

  • Hero Member
  • Posts: 54980
  • Points: 168
  • Likes Received: 47
  • Reputation: +53/-46
The practice of money management and emotional management is the right basis for us to trade well coupled with competent technical analysis.
#583 - February 12, 2024, 01:40:15 AM

  • Hero Member
  • Posts: 57881
  • Points: 166
  • Likes Received: 76
  • Reputation: +18/-46
The most important thing is to maintain good management, whether it's financial management or emotional management, and I think this will also make us people who understand how to use trading well.
#584 - February 13, 2024, 02:12:47 AM

  • Hero Member
  • Posts: 54980
  • Points: 168
  • Likes Received: 47
  • Reputation: +53/-46
The use of management is indeed important, especially when you use system management and money management where when you use it you can focus
#585 - February 16, 2024, 01:11:26 AM

Members:

0 Members and 1 Guest are viewing this topic.