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Do you believe in using a Trading Plan?

Discussion in 'Beginners Bootcamp' started by FxMaster, Apr 6, 2015.

  1. Notati

    Notati Recruit

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    Honestly, I do not understand quite well what exactly looks like trading without trading plan. If you just enter into position how would you know when to get out? This kind of trading looks to me like huge gambling and FX trading is definitely not a gambling sport
     
  2. alexmarian

    alexmarian Private

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    Trading practice like gambling should be avoided. It is not good to take trading easy or granted that you will do trading without any analysis and experience. Do your best to find out possible outcomes, there must be a plan about your trading sessions.
     
  3. carnelian

    carnelian Private

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    The type of practice where traders not plans is useless. It is like gambling as trader not thinks what he should do for his money. As a gambler trading is totally dangerous. A good trading plan helps to do trading with ease and comfort.
     
  4. pino2000

    pino2000 Recruit

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    Clearly, I am. Since, I know the significance of good exchanging arrangement. It makes us self-control Forex broker. Without appropriate exchanging plan and exchanging technique. it's extremely difficult to make progress for long time. You should make your exchanging arrangement as indicated by your own exchanging quality.
     

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