Do you believe in using a Trading Plan?

Vivaan Jua

Private
Messages
20
Hello FPAins,

What do you think about Trading Plan, Do you stick with your plan, How it goes everytime?
Of course, I’m! Even in my live trading account I always open my trade position according to my analysis of technical & fundamental, that’s my raw plan actually! I see, it helps me a lot to avoid unbearable loss in trading! When I don’t have any good trading point, I usually avoid opening any new trade position!
 

holycow

Master Sergeant
Messages
388
If you are doing this then i guess you are way ahead of other traders and good luck with your trading endeavors.
 

fxoday

Recruit
Messages
755
Yes, I need a trading plan, this helps to manage account trading, trading without a plan is like working in the jungle without a compass, maybe make astray on the dark side.
 

ForexTus

Recruit
Messages
166
It is the key to being successful you can't know if you're profitable without a set of guidelines that guide you
 
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