Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. How to make a trading plan correctly

How to make a trading plan correctly

Discussion started on General Forex Discussion

Print
Pages: [1] 2 3 ... 57   Go Down

trader ndeso

  • Jr. Member
  • Posts: 98
  • Points: 260
  • Likes Received: 13
  • Reputation: +1/-0
as a forex trader, certainly requires analysis and a good capability, and must have a plan that is cooked before deciding to execute market, well how did you guys make a good plan and trading correct

Linkback: https://www.forex.zone/general-forex-discussion/1/how-to-make-a-trading-plan-correctly/1027/
#1 - February 09, 2019, 07:30:43 AM

aizafx

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
Make plan trading in forex, of course in our plan will included with system trading that will implemented, and then about money management, lot size that will be used must be adjusted with trading setup and capital, then risk management, we can put stop loss at a certain level and distance pips that able to bear for maximum risk each plan.
#2 - February 09, 2019, 07:50:29 AM

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 174
  • Reputation: +70/-0

Business plan contains targets that we must achieve in trading. This is important because when we do something without a clear target, we will be confused and our efforts will be in vain because for nothing. If without a target, we will lose time, energy, mind and money without realizing it, for something we do not know for what and for what.
#3 - February 09, 2019, 09:56:21 AM

Alfrians

  • Sr. Member
  • Posts: 311
  • Points: 66
  • Likes Received: 108
  • Reputation: +3/-0
Quote from: Tahajud on February 09, 2019, 09:56:21 AM
Rencana bisnis berisi target yang harus kita capai dalam perdagangan. Ini penting karena ketika kita melakukan sesuatu tanpa target yang jelas, kita akan bingung dan usaha kita akan sia-sia karena sia-sia. Jika tanpa target, kita akan kehilangan waktu, energi, pikiran dan uang tanpa menyadarinya, untuk sesuatu yang kita tidak tahu untuk apa dan untuk apa.
forex sangat sulit, sampai sekarang perdagangan yang saya lakukan tidak berkembang dengan baik, bro.
#4 - February 09, 2019, 10:02:08 AM

trader ndeso

  • Jr. Member
  • Posts: 98
  • Points: 260
  • Likes Received: 13
  • Reputation: +1/-0
Quote from: aizafx on February 09, 2019, 07:50:29 AM
Make plan trading in forex, of course in our plan will included with system trading that will implemented, and then about money management, lot size that will be used must be adjusted with trading setup and capital, then risk management, we can put stop loss at a certain level and distance pips that able to bear for maximum risk each plan.
Oh so that should be noticed is the level of risk ratio, when we determine the entry so gan?

keep a good perbandingaan that the perhitunganya ratio as which according to agan please can explain
#5 - February 09, 2019, 12:00:32 PM

trader ndeso

  • Jr. Member
  • Posts: 98
  • Points: 260
  • Likes Received: 13
  • Reputation: +1/-0
Quote from: Tahajud on February 09, 2019, 09:56:21 AM
Business plan contains targets that we must achieve in trading. This is important because when we do something without a clear target, we will be confused and our efforts will be in vain because for nothing. If without a target, we will lose time, energy, mind and money without realizing it, for something we do not know for what and for what.
OK I noted my brother, so in deciding to enter the forex market must have a clear target, for example, we determine how TP pip begitukah? keep ideally target how pip about, moreover e.g. target 50 pips a day how great risks for the placement of 1-to-1 or 1-to-2?
#6 - February 09, 2019, 12:10:10 PM

Lordmishi

  • Sr. Member
  • Posts: 267
  • Points: 0
  • Likes Received: 41
  • Reputation: +1/-0
Yeah bro, i woould be apreciate it if you take out your opinion here, what kind of business plan you mean and how it agfect us in trading, thank you
#7 - February 09, 2019, 12:11:25 PM

trader ndeso

  • Jr. Member
  • Posts: 98
  • Points: 260
  • Likes Received: 13
  • Reputation: +1/-0
Quote from: no name on February 09, 2019, 11:05:53 AM
;D;Dthanks bro very helpful my problem about getting to know forex;D;D
Open you my brother already explained at length above the already very fruitful and useful for me to know the forex even with positive thinking, maybe it's very useful for me in the face of market psychology directly, so that it can make a profit from forex by always thinking positive, so that was created from the subconscious activity anyway, thank you so much my brother8)
#8 - February 09, 2019, 12:24:07 PM

indra rianda

  • Starter
  • Posts: 5
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Quote from: trader ndeso on February 09, 2019, 07:30:43 AM
as a forex trader, certainly requires analysis and a good capability, and must have a plan that is cooked before deciding to execute market, well how did you guys make a good plan and trading correct
good question, but I as a beginner certainly can't answer it

maybe there is a suggestion from you ??
#9 - February 09, 2019, 12:42:11 PM

trader ndeso

  • Jr. Member
  • Posts: 98
  • Points: 260
  • Likes Received: 13
  • Reputation: +1/-0
Quote from: Lordmishi on February 09, 2019, 12:11:25 PM
Yeah bro, i woould be apreciate it if you take out your opinion here, what kind of business plan you mean and how it agfect us in trading, thank you
I also ask for suggestions teachers trader here bro, bagaina the correct way to determine trading correct plan so I don't get lost on the understanding of forex, and could make a huge profit there, and could follow in the footsteps traders who have long and successful
#10 - February 09, 2019, 12:53:35 PM

trader ndeso

  • Jr. Member
  • Posts: 98
  • Points: 260
  • Likes Received: 13
  • Reputation: +1/-0
Quote from: indra rianda on February 09, 2019, 12:42:11 PM
good question, but I as a beginner certainly can't answer it

maybe there is a suggestion from you ??
We are same same beginner in forex business, if you ask for a suggestion from me that's something wrong because my own advice from friends who have been here longer in forex, so I can quickly understand, so please just us refer along suggestions from the senior on this forum to add insight for us and it could make a good plan at a later date
#11 - February 09, 2019, 12:58:55 PM

arseda12

  • Newbie
  • Posts: 19
  • Points: -5
  • Likes Received: 7
  • Reputation: +0/-0

Indeed, sir, if we want to go into the world of forex trading, of course, we must be able to analyze the direction of market movements, and of course take advantage of the market itself. but it is not easy to be able to experience the market movements in detail, of course, it requires high hours of flight and continued learning.
#12 - February 09, 2019, 01:18:42 PM

AnasVx

  • Starter
  • Posts: 7
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
Quote from: trader ndeso on February 09, 2019, 07:30:43 AM
as a forex trader, certainly requires analysis and a good capability, and must have a plan that is cooked before deciding to execute market, well how did you guys make a good plan and trading correct
In my experience, before make transaction on market, i had make a rule before. Example : Make a over time to trade, strategy, and using of lots accommodate on balance a belong.
In this case you have follow the rule whatever happens. in order to your trading quality the best.
#13 - February 09, 2019, 02:55:05 PM

rafid

  • Full Member
  • Posts: 155
  • Points: 212
  • Likes Received: 25
  • Reputation: +1/-0
For me trading plan is about, 
1. Money management
2. Trading set up
3. Target profit/loss
#14 - February 09, 2019, 03:43:52 PM

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 174
  • Reputation: +70/-0
Quote from: trader ndeso on February 09, 2019, 12:10:10 PM
OK I noted my brother, so in deciding to enter the forex market must have a clear target, for example, we determine how TP pip begitukah? keep ideally target how pip about, moreover e.g. target 50 pips a day how great risks for the placement of 1-to-1 or 1-to-2?

Yes, that is true. And the importance of the business plan on trading is as our guide to stay on the right path. Because the business plan contains targets that we must achieve, therefore we will know whether what we are doing is still on track or not. So then we can be clear where we want to be and will be able to immediately know that if we are off the track or go wrong then we can hurry back again.
#15 - February 09, 2019, 05:57:55 PM
Print
Pages: [1] 2 3 ... 57   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. How to make a trading plan correctly

Members:

0 Members and 1 Guest are viewing this topic.