You
might have heard about it before: must have every trader a successful trading
plan, and its satellites on them. That's what I'm saying here, again, but I
will explain how to get the plan, and how to follow. Many traders make the
mistake to try to have something as a guide. This intention is good, but the
real reason that makes a successful plan (which is always a deliberative plan
written) is useful to prepare a personal plan grown in the rolling mind the
question "why" and not just "how". To know "why"
you are what you are doing instead of knowing how to do, is the key to avoid
common mistakes deliberative. Some people believe that traders are only two
days that need to be deliberative plans. In fact, all types of traders need to
do so.
When
you've finished thinking about these questions and answers, and you have to
devote time and effort is enough to her, is supposed to be in a position to
begin writing successful deliberative plan, which must be comprehensive and well,
and you must answer logically every question possible, so be formed plan
excellent for trading in Forex.
It
is important to emphasize that many of the traders arrive to the point where
the analysis is excellent: Good enough to know How can they traded and in any
direction. The problem is that although you might expect that this is enough,
it is not enough to make a profit, at least not for the majority of the people,
because they fail in implementation. It comes to overcoming the last obstacle
for the implementation of the points of entry and exit of trading, and the
deliberative plan started very useful.
Initial
questions to ask:
1.
What is the advantage that you have, and you will use to achieve money? He believes
that the trend in the Forex market is predictable? In this case, how? You will
follow the pattern used, the reflection of the center, or some kind of
combination of the two? You will use fundamental analysis and emotional or
abstract numbers?
2.
How much money do you want to do and how much money you're willing to risk it?
Deliberative in your plan?
3.
What is the best Forex broker for the size of your account, and the state or
nationality carried by the deliberative and your style?
4.
What are your risk management strategy? What you will embrace it points stop
loss?
5.
reactionary kind of test for several years and and calculate the best-case
scenario and the worst case scenario and the average scenario for your account
deliberative. Can you assume the worst case scenario?
6.
What is the currency that will be traded by pairs? How trading process will be
open at any time up to?
7.
What is the degree of discrimination that will allow yourself the selection of
currency pairs and the opening of trading, and out of them? This is important.
How will build on hard and fast rules?
8.
You will manage the open trades? In that case, how?
9.
How much time will be allocated for trading? Will you be a daily trader, or a
trader or a swing trader status or a combination of these types?
من قسم :-
الفوركس