celeryleaf
Corporal
- Messages
- 91
Such a good point. Nailed it."No plan survives contact with the enemy" - Helmuth von Moltke the Elder
Such a good point. Nailed it."No plan survives contact with the enemy" - Helmuth von Moltke the Elder
Such a good point. Nailed it.
I was actually agreeing with the point that no plan can really be relied upon in ForexYes it is a fact that we have to keep a Good trading Plan with us if we want to survive in this business for a longer period of time.
I was actually agreeing with the point that no plan can really be relied upon in Forex
Plans need a certain amount of flexibility. The perfect trading plan for 2015 might not work so well in 2016 due to changing market conditions.
The parts of the plan which should ALWAYS be inflexible are the parts involving risk management.
how can we have a certain plan when the situation in market always changes? strategy is the other thing, but plan...no. Forex needs flexibility, but of course there may be some habits and forms of behaviour in any situation