Forex Zone - Forex Forum

3 Trading Plan in Forex Education_6825f0acc9f09

3 Trading Plan

Discussion started on Forex Education

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
when you trade forex you should be able to focus on maintaining your management well to be able to maintain your capital risk well and the most important thing is to learn about trading systems
#541 - December 10, 2023, 04:18:33 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
If you use a trading plan, make sure that what you prioritize at the start is the use of the system, the second is management. When you can master the system and money management well, you will always be safe.
#542 - December 11, 2023, 03:34:28 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
The most important thing about setting up a trading plan here is the use of emotional management, trading systems and money management. Apart from that, we also have to be disciplined and focused to carry out trading correctly.
#543 - December 12, 2023, 01:43:15 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In making a trading plan, of course you must be able to include these three elements, system elements, elements of money management, emotional management, it is all important that you have to plan first because these three things will be your guideline for deciding whether to open a position or not.
#544 - December 13, 2023, 03:10:51 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
The most common use of trading plans here is with a system, the second is management. When you can master the system and management well, you can become professional and able to make mature profits.
#545 - December 14, 2023, 02:07:43 AM

Sponsored

3 Trading Plan in Forex Education_6803a6c52eb12
#546 - Today at 01:35:00 PM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
The most important thing here is that when you use a trading plan, you must be able to plan your system first. You must be able to focus on using emotional management and stable money management so that all your plans run smoothly.
#546 - December 15, 2023, 03:22:20 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
In my opinion, the most important trading planning here as a system is emotional management, money management and risk management, all of which relate to the most important management because if we focus on management, we will know how to trade easily.
#547 - December 16, 2023, 04:16:54 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
The application of money management and emotional management accompanied by an accurate trading system is a good plan that you must make when you are still a beginner. You must be able to master these kinds of things so that when you use a real account, you will easily get realistic and consistent profits.  .
#548 - December 17, 2023, 02:47:32 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
One of the trading plans that you must make or study before you trade forex using real capital is that you have to plan your system first.  Whether you use manual techniques or use an automatic system, the second is good money management, don't let your capital run out quickly and the third is stable emotional regulation. Especially when we lose, we have to be able to condition our emotions.
#549 - December 18, 2023, 01:55:39 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I am more intense about always mastering or learning about money management and emotions. In my opinion, these two things are very difficult to master as a system. Maybe we can still learn, but for emotions and money management, it also depends on psychology.
#550 - December 19, 2023, 01:51:43 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
It's best to understand the trading plan well, you have to be able to create a system first. You also have to be able to create money management and emotional management so that during your journey you can be consistent.
#551 - December 21, 2023, 04:32:10 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
If you make a trading plan then make sure the first thing you use is a trading system first accompanied by money management. So in my opinion that is enough for emotional and psychological management issues, that can be done later.
#552 - December 22, 2023, 03:06:36 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
of these three things, the most important thing in my opinion is emotional management. I'm sure everyone can analyze, they can open positions, they can keep their money with little risk, but for emotional problems, not everyone can control their emotions, especially when you face situations like floating minus or  Your position is hit by a stop loss
#553 - December 23, 2023, 03:31:08 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
When you use a trading plan well, you must be able to use a system and management that is right on target because only in that way will its function be more comfortable for success.
#554 - December 25, 2023, 03:21:35 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
The most important use of a trading plan here is to focus on using financial management and emotional management well. Using a trading plan well, you can get lots of opportunities for success and can get lots of results effectively.
#555 - December 26, 2023, 02:59:05 AM

Members:

0 Members and 3 Guests are viewing this topic.



Kraken Crypto Trading