Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. 3 Main Pillars In a Trading Plan

3 Main Pillars In a Trading Plan

Discussion started on Forex Education

Print
Pages: 1 ... 24 25 [26] 27 28 ... 76   Go Down

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I prefer to develop a trading system because in my opinion when we are good at analyzing then others will follow and the longest learning is indeed the analysis system itself.
#376 - July 24, 2023, 03:40:52 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
the first I learned to analyze using the system and what I learned was the second by using financial management I more often use financial management below 15% for targets and defeats and for emotions this system is difficult and indeed I'm currently studying it
#377 - July 25, 2023, 01:58:56 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
whether it's emotional management, money management and the forex trading system, it's all very important for us to learn and master because when this will make us more comfortable to become a professional trader
#378 - July 26, 2023, 01:08:04 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Emotional management will always be a major factor in your success as it will guide you to use money and technique together in a good way.
#379 - July 27, 2023, 03:29:18 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
the use of financial management and emotional management will be one of the most important ways that you should learn so that later it will be easy for you to trade without using emotions and use detailed money management
#380 - July 28, 2023, 03:09:45 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Money management and emotional management will definitely be very important because when you can use money management and emotional management, it is stable for trading
#381 - July 29, 2023, 04:55:25 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
the important thing is to focus on trading using good management and using stable emotions because when you can use it like this then you will be comfortable
#382 - July 30, 2023, 04:33:00 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
if you can use the system well then you also have to be able to use emotion management and money management properly because these three things are the main pillars
#383 - July 31, 2023, 04:54:54 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
here it is mandatory to use financial management strategies and emotional management because these three things will really dominate you to be successful in the world of trading
#384 - August 01, 2023, 04:04:12 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
everything is a pillar for success because when you use a good system use good money management use good emotion management and everything you can do at the same time well everything will be more successful for you
#385 - August 02, 2023, 04:32:44 AM

aizafx

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
Trading plan is useful to manage money in uncertain market condition like as forex, in the trading plan itself included how to impelemented trading strategy, money management and the risk management, good trading strategy without good money management might fail in certain market conditions, however ignoring risk management also endanger account because it possible the market against orders and lead to margin call.
#386 - August 02, 2023, 09:25:01 PM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
can use emotion management and management strategies that you will use well later when doing analysis because only in this way can we focus on getting the best results
#387 - August 03, 2023, 03:23:15 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
the use of emotion management will definitely be very important for us to use and we must also be able to know the risks of using money management we must also know well
#388 - August 04, 2023, 03:50:21 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
get used to using the system either management system or management emotions all that you can do Can you see it continuously until you can become a Master
#389 - August 05, 2023, 02:45:47 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Everything, I think it's important between money management, emotional management and the Forex system that you all should be able to learn because these three basics will lead you to consistent things.
#390 - August 06, 2023, 06:55:55 AM
Print
Pages: 1 ... 24 25 [26] 27 28 ... 76   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. 3 Main Pillars In a Trading Plan

Members:

0 Members and 2 Guests are viewing this topic.


3 Main Pillars In a Trading Plan in Forex Education_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: