Do you need a trading plan to be successful in trading?

[zintek]

The a longer period you can stay in the Forex Working with a sound application program, the more likely you will start to be experience a better run of offers.You know it is extremely dangerous business.So strategy less working is sure to cause you an excellent reduction.You should choose which couple to business,which quantity is ideal for your stability,when to business and which strategy to implement etc.

[hemu789]

Well of your question, I think trading pan is a huge advantage for every traders, so why not have this advantage for us ? Definitely with trading plan you will be more competitive in forex trading market and there is a enhanced chance you can be more efficient with application program than without it. That's all i think. Thanks all.

[4extrader]

It is important to have a good strategy or a plan to trade forex and if a trader has a good plan only then he can be successful in this market and needs to implement his plan accordingly as well. It is always said that a good trader needs to Plan his trade and then trade his plan and only then he can make some regular and consistent profits while trading in these markets .

[blessedisrael95]

Yes in Forex trading you need a trading plan to be succesfull in Forex trading. just as they say in the general world term when you fail to plan you have plan to fail and Forex trading is not exempted at all. but one of the major obstacle i think trader face is the inability for them to follow their plan to the latter. the trader may have a very good plan but just sitting in front of the computer and seing the market fluctuating up and down can make him or her to make wronge decision.

[Akshay]

If you want to get success in any business in any business then you need good plan.In forex also you need a working plan that will give you the profit.You need to work according Your plan and must execute it successfully.Also you should be ready with plan B also so that if the first plan fails the second plan will take care of your strategy.

[Nasir Uddin]

If you want to get success in any business in any business then you need good plan.In forex also you need a working plan that will give you the profit.You need to work according Your plan and must execute it successfully.Also you should be ready with plan B also so that if the first plan fails the second plan will take care of your strategy.

Plan or a strategy is the core of the forex trading. No matter if you have good knowledge or have experience, the strategy or the plan is like an engine which a trader will surely need everytime to keep the income coming in.

Without a strategy to trade is like going for a war without any weapon, so we should always have our own strategy to work with while trading. A trader should work hard to make his good suitable strategy to earn with in forex.

[RUBEL]

Well of your query,I think dealing pan is a appealing factor for every investors,so why not have this benefits for us?definitely with software system you will be more aggressive in currency dealing industry and there is a improved opportunity you can be more effective with system program than without it.That;s all i think.Thanks all

[rizal83]

it is true, have a trading plan is one of the most important factors for traders who want to get success from forex trading, because of the trading plan, then trade that we do will be more orderly and in accordance with what we want, and we have a trading plan it would be easier for us to be able to generate profits from every trade that we do and with a good trading plan will also be very useful to avoid any risk that will happen in forex trading, therefore if we want to get success from forex trading, then we must have an excellent trading plan

[riddy09]

It's very apparent that trader should have the trading plan. This will consist of their goal in Forex trading that they will have the plan for their trading strategy and of course, to be successful in this field. There's also included in the plan of the wise traders to to have the risk management and accumulation of decent or huge capital as investments as well to not invest all of it. Others are self-improvement such as the skills.

[young50]

Yes Its good to have a trading plan. this idea help trader to think deeply before perform any operation in trading. expecially trading plan like money management is best plan to win the trading. experience trader need to think perfectly so that it will earn without losing much money in trading.

- - - Добавлено - - -

Yes Its good to have a trading plan. this idea help trader to think deeply before perform any operation in trading. expecially trading plan like money management is best plan to win the trading. experience trader need to think perfectly so that it will earn without losing much money in trading.

[techboy]

A trading plan is a must in order to succeed in these market, forex is a very tough business and it cannot be easily mastered, we need a well defined trading plan that we can use in facing the challenge we got in forex, without it no way that we will become successful in our trading...

[kashifrehman]

The a longer period you can stay in the Forex Working with a sound application program, the more likely you will start to be experience a better run of offers.You know it is extremely dangerous business.So strategy less working is sure to cause you an excellent reduction.You should choose which couple to business,which quantity is ideal for your stability,when to business and which strategy to implement etc.

Seniors always advice that make a trading plan and then trade your plan. A trader who have a trading plan he know which strategy he have to us to figure out the opportunity and then how much risk he have to take and which money management techniques will remain most effective their. When a trader know this all before engaging into a trade then he can trader better then others.

[Smith89]

strategy is a good way to enhance your trading and executing is what needed and that makes a wonderful trader in longer run, like everybody we are in a journey to become a professional trader and we should trade keeping the best we can do..and that is what gives a good condition in trading,so trading with proper idea and knowledge is what always required..

[bidyut]

Without any proper trading plan it is not easy for anybody to get consistent profit. To become successful we need to have more discipline and follow some specific planning for our trades. No matter how expert we're but without any constructive idea we can't survive. We can manage every trades very well if we trade according to good strategy. It is also needed by a trader to apply some good strategies when he starts trading. How to manage funds, how much lot size he'll use, at what price he'll put a stop loss and so on. Success comes on our way if we trade with discipline and with strategic planning it would give more value to our tradings.

[Hafiz]

yes of course forex trading plan play a important role to get good profit so why not we use it in our trading ?you must use good trading plan and also good money management to get huge profit from this market so trading plan is very important factor to get good profit.First make a good trading plan then enter in the market.