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3 Trading Plan

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Nendi71

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1. Forex trading system - determines the right time for entry and exit, according to the analysis based on the trading methods and strategies we use.

2. Money management system - determine the amount of risk per trade and position size according to the balance in our trading account.

3. Emotion management system - ascertain our emotional state at that time, whether our emotions are stable and are feasible to open a trading position. If our emotions are unstable it is feared that this will have an impact when we make a decision. This emotional checklist is needed if we trade completely manually. If we use trading software that automatically provides entry and exit signals, this emotional checklist can be ignored.


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#1 - February 03, 2019, 10:08:18 PM

Satria41

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Quote from: Nendi71 on February 03, 2019, 10:08:18 PM
1. Forex trading system - determines the right time for entry and exit, according to the analysis based on the trading methods and strategies we use.

2. Money management system - determine the amount of risk per trade and position size according to the balance in our trading account.

3. Emotion management system - ascertain our emotional state at that time, whether our emotions are stable and are feasible to open a trading position. If our emotions are unstable it is feared that this will have an impact when we make a decision. This emotional checklist is needed if we trade completely manually. If we use trading software that automatically provides entry and exit signals, this emotional checklist can be ignored.
what can be done for the trader in the event that our transaction cannot be controlled, is there a way to control emotions or press levrez as small as possible to safely transact using a ratio of 1.10 levrez and balance as large as?
#2 - February 04, 2019, 10:35:49 AM

Alfrians

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a very good trading plan, these points are very difficult to learn, sometimes psychology is often uncontrolled.
#3 - February 04, 2019, 05:53:56 PM

Rudi

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the trading plan that you described above is very true what I planned when I started trading,

trading planning is a thing that must be done because if there is no plan, our trading direction certainly has no clear direction,
#4 - February 05, 2019, 12:16:45 PM

Tahajud

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one thing you forget, is the trading rule. in my opinion trading rule is important because this helps us in managing the system we use. so it tells us what we can do and what we should not do so that our trading activities become organized and in accordance with the plans that have been made at the beginning. And trading rules will also make the system we use work well and optimally
#5 - February 06, 2019, 05:47:02 AM

ariezz

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Quote from: Nendi71 on February 03, 2019, 10:08:18 PM
1. Forex trading system - determines the right time for entry and exit, according to the analysis based on the trading methods and strategies we use.

2. Money management system - determine the amount of risk per trade and position size according to the balance in our trading account.

3. Emotion management system - ascertain our emotional state at that time, whether our emotions are stable and are feasible to open a trading position. If our emotions are unstable it is feared that this will have an impact when we make a decision. This emotional checklist is needed if we trade completely manually. If we use trading software that automatically provides entry and exit signals, this emotional checklist can be ignored.
Complete enough, indeed the three trading plans are very vital and determine the success in trading forex. If all three are done in a disciplined manner, success and consistent profit are in sight.
#6 - February 07, 2019, 10:18:30 AM

Jaya hendra

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Quote from: Nendi71 on February 03, 2019, 10:08:18 PM
1. Forex trading system - determines the right time for entry and exit, according to the analysis based on the trading methods and strategies we use.

2. Money management system - determine the amount of risk per trade and position size according to the balance in our trading account.

3. Emotion management system - ascertain our emotional state at that time, whether our emotions are stable and are feasible to open a trading position. If our emotions are unstable it is feared that this will have an impact when we make a decision. This emotional checklist is needed if we trade completely manually. If we use trading software that automatically provides entry and exit signals, this emotional checklist can be ignored.

Very true..
that's what we must have and we understand a trader, so for beginners we must have that element. thank you for giving a lesson to me a beginner in the world of traders, hopefully in the future we will be better.
#7 - February 07, 2019, 07:30:53 PM

Satria41

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Quote from: Jaya hendra on February 07, 2019, 07:30:53 PM
Very true..
that's what we must have and we understand a trader, so for beginners we must have that element. thank you for giving a lesson to me a beginner in the world of traders, hopefully in the future we will be better.
yeah, basic science is important ...
  we must be truly in learning to read writing, it will be a good start.
  good only appears for people who want to work hard and work smart depending on our will.
#8 - February 08, 2019, 02:05:02 PM

zhamal andreal

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Quote from: Nendi71 on February 03, 2019, 10:08:18 PM
1. Forex trading system - determines the right time for entry and exit, according to the analysis based on the trading methods and strategies we use.

2. Money management system - determine the amount of risk per trade and position size according to the balance in our trading account.

3. Emotion management system - ascertain our emotional state at that time, whether our emotions are stable and are feasible to open a trading position. If our emotions are unstable it is feared that this will have an impact when we make a decision. This emotional checklist is needed if we trade completely manually. If we use trading software that automatically provides entry and exit signals, this emotional checklist can be ignored.
strongly agree with the 3 procedures that you have made before entering the market, you should follow the rulers first, I will use the three rulers that you are, it is very important I see, and to obtain success must be able to follow it, thank you
#9 - February 08, 2019, 03:18:22 PM

Dwiki Fatoni

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Quote from: Nendi71 on February 03, 2019, 10:08:18 PM
1. Forex trading system - determines the right time for entry and exit, according to the analysis based on the trading methods and strategies we use.

2. Money management system - determine the amount of risk per trade and position size according to the balance in our trading account.

3. Emotion management system - ascertain our emotional state at that time, whether our emotions are stable and are feasible to open a trading position. If our emotions are unstable it is feared that this will have an impact when we make a decision. This emotional checklist is needed if we trade completely manually. If we use trading software that automatically provides entry and exit signals, this emotional checklist can be ignored.
I agree very well with your opinion, especially in point number 3. Emotional management is really needed in trading, if emotions are high better don't rush into buying and selling. Instead of earning profit but even losing. That according to my experience  
#10 - February 08, 2019, 08:00:13 PM

Fxortrader

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Quote from: Dwiki Fatoni on February 08, 2019, 08:00:13 PM
I agree very well with your opinion, especially in point number 3. Emotional management is really needed in trading, if emotions are high better don't rush into buying and selling. Instead of earning profit but even losing. That according to my experience 
point No. 3 is a benchmark for our trading psychology, in minimizing transactions so that the account is always safe and durable without having to deposit again.
#11 - February 09, 2019, 02:28:58 AM

Dwiki Fatoni

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Quote from: Fxortrader on February 09, 2019, 02:28:58 AM
point No. 3 is a benchmark for our trading psychology, in minimizing transactions so that the account is always safe and durable without having to deposit again.
Yupss, it is better to minimize trade rather than having yo deposit without making a profit
#12 - February 09, 2019, 04:05:16 AM

Free Everything

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Quote from: Nendi71 on February 03, 2019, 10:08:18 PM
1. Forex trading system - determines the right time for entry and exit, according to the analysis based on the trading methods and strategies we use.

2. Money management system - determine the amount of risk per trade and position size according to the balance in our trading account.

3. Emotion management system - ascertain our emotional state at that time, whether our emotions are stable and are feasible to open a trading position. If our emotions are unstable it is feared that this will have an impact when we make a decision. This emotional checklist is needed if we trade completely manually. If we use trading software that automatically provides entry and exit signals, this emotional checklist can be ignored.
As point number 3 including psychological management, without it destroy our mindset..
#13 - February 09, 2019, 04:16:16 AM

Ariyudin

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I really agree with the three trading plans that you mentioned but to be able to apply into the market it takes experience and training that is not short-lived so we must be disciplined and consistent when applying to the market
#14 - February 09, 2019, 04:47:38 AM

ageseko

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Quote from: Nendi71 on February 03, 2019, 10:08:18 PM
1. Forex trading system - determines the right time for entry and exit, according to the analysis based on the trading methods and strategies we use.

2. Money management system - determine the amount of risk per trade and position size according to the balance in our trading account.

3. Emotion management system - ascertain our emotional state at that time, whether our emotions are stable and are feasible to open a trading position. If our emotions are unstable it is feared that this will have an impact when we make a decision. This emotional checklist is needed if we trade completely manually. If we use trading software that automatically provides entry and exit signals, this emotional checklist can be ignored.
which causes emotional conditions to be unstable, because the trader does not have a good trading plan, so when he is trading and not as expected, that's when his emotional condition starts to disrupt
#15 - February 09, 2019, 05:19:27 AM
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