Summary: Developing a Trading Plan
The difference between making money and losing money can be as simple as trading with a plan or trading without ...
Tag: Developing Your Own Trading Plan
Stick With Your Trading Plan
A forex trading plan is only effective if it’s followed. You have to stick to it. It sounds simple to ...
21 Questions You Should Answer In Your Trading Plan
One of the leading causes for the failure of many businesses is their lack of planning. If you want to ...
What Forex Trading Software, Hardware, And Other Tools Will You Use?
What “toys” will you use for your forex trading profession? Write down the hardware, software, data feeds, furniture, and internet ...
What Is Your Daily Pre-Trading Routine?
What is your daily pre-trading routine? Waking up doesn’t count. Having a pre-market routine is important. Don’t think you can ...
Which Kind Of Returns Do You Expect To Make From Forex Trading?
I want to make some money! Ahhh. Of course, anybody who’s interested in forex trading certainly has ambitions of raking ...
How Much Time Can You Dedicate To Forex Trading?
You need to seriously consider how much trading will affect your current lifestyle. How much time each day/week/month (whichever is ...
What Is Your Risk Capital? How Much Money Can You Afford To Lose?
How are your personal finances? You need to determine if you can even afford to trade. Forex trading should only ...
What is Your Motivation to Be a Forex Trader?
Why do you want to become a forex trader? Is it to become filthy rich? Is it for the thrill? ...
How To Find A Trading Style That Suits Your Personality
The first step in building a trading plan is to realistically take a holistic view of yourself. The foundation of ...
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