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    Thread: Why Have a Trading Plan? (2)

    1. #81
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      Quote Originally Posted by chidi View Post
      No trading plan is a quick way to get a MC in forex trading. The trade is a scientific one so we must make a lot of plans that will suit our trading skills.
      trading plan is a guide for us to follow our desires in this business and every business will use a trading plan so we do have to make a trading plan

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      I think the best way to succeed in forex is to have a trading plan.

      Otherwise you will gain and at the end of a day loose every profit made. let setting a target on when to enter and leave a trade be a part of your trading plan.

    4. #83
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      plan in forex like sun in life with out plan you will feel that you walk in dark street so you must give your self time to know what you need to make from this market and how long you can stay with chart

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    6. #84
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      trading plan is very important, can make the right track, so the trader can be disciplined by the rule trading system and money management rules

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      Quote Originally Posted by trix View Post
      trading plan is very important, can make the right track, so the trader can be disciplined by the rule trading system and money management rules
      i agree with you trading paln is very important to control our trading so we can achive our goal in forex trading. we need to setting our target each transaction, stop loss , take profit , etc before open transaction base on our equity

    8. #86
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      trading plan to controled about trading activities
      with trading plan we have a good strategy and traget

    9. #87
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      A trading plan can help us decide what we will do and when we will do it. If we have a good enough plan for everything we will not have to think about things under pressure.

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      Quote Originally Posted by pipster View Post
      A trading plan can help us decide what we will do and when we will do it. If we have a good enough plan for everything we will not have to think about things under pressure.
      i agree with you. we need to prepare our trading plan well. trading plan is our way to achieve our traget. we also to prepare trading strtategy when arrange trading plan

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      we need a trading plan because we want to avoid any mistakes during the trading and we try to gain more profit then avoid the loss as we can although its difficult.

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      I heard a proverbs before "if you have not a trading plan, you are plan to fail";trading plan is very important, it offer the guide and map of the trade management.

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