Now let’s continue our Journey from ZERO TO HERO I mean to become a profitable Trader. Before we have talk about TRADING PSYCHOLOGY if you haven’t read it yet you can check out my profile for it, now let’s continue to one of the basic and one of the most important thing in trading which is creating your own unique TRADING PLAN. In creating your own trading plan you should always make it simple and precise that you can follow it easily. Remember that a Trading plan is always accompanied by the Trader’s discipline to follow and stick to the rules. Trading Plan should answer the questions why, how and when. It also includes your emotions and Trading System. Don’t be confused between a Trading Plan and a Trading System, they differ from another but hence a Trading Plan should include a Trading System. One of the importance of a Trading Plan is it would help you survive or let you protect your capital being wipe-out as long as you are following your plan. It also guides you on when to Trade or not, it somehow filter the Bad Results from your Expectations. Your Trading Plan is somehow your EDGE in this forex world it is somehow your weapon in survival and success. …
Read article
Translate to English Show original