We know you're not stupid, and you know much about Forex now, but you still need to have a trading plan or trading strategies.
Our point is that you can fill your head with information, but without a good business plan and without the discipline to stick to it, will never return.
Think of your business plan as a map to find success.
It will be a constant alarm how to make money in this market. Of course not a requirement, and if you can face the market without a trading plan , we can call you Zeus King of Forex!.
Before you make the decision to operate without a plan, let us give you some reasons why you should have one if:
Why have a trading plan?
Reason # 1: It keeps you in the right direction
Consistency is one of the main characteristics that should be your routine operations allowing you to truly measure how successful you are as an operator. If you have a great operating system but always bankruptcy rules, how can you really know how good your system?
Reason # 2: Trading is a business and successful businesses always have plans.
We have never seen a successful business that has started to operate without a plan. Do you really think Walmart or McDonalds magically appeared? We are almost certain that anyone can make a burger better than a McDonalds, but the difference is that they have a successful business plan that led them to the top.
Similarly, we can relate McDonalds with your driving career in Forex. Whether it's by luck or experience anyone can make money in Forex. However, the difference between a bad operator and a successful trader, their plans are. If you have a good business plan and are disciplined enough to stick to it, you will succeed!
Now you know why having a plan of operations. Now we discover that it is indeed a business plan ...
related posts
- camarilladt
- hma indicator
- macd for scalping
- macd scalping
- pivot point in forex trading
Our point is that you can fill your head with information, but without a good business plan and without the discipline to stick to it, will never return.
Think of your business plan as a map to find success.
It will be a constant alarm how to make money in this market. Of course not a requirement, and if you can face the market without a trading plan , we can call you Zeus King of Forex!.
Before you make the decision to operate without a plan, let us give you some reasons why you should have one if:
Why have a trading plan?
Reason # 1: It keeps you in the right direction
Consistency is one of the main characteristics that should be your routine operations allowing you to truly measure how successful you are as an operator. If you have a great operating system but always bankruptcy rules, how can you really know how good your system?
Reason # 2: Trading is a business and successful businesses always have plans.
We have never seen a successful business that has started to operate without a plan. Do you really think Walmart or McDonalds magically appeared? We are almost certain that anyone can make a burger better than a McDonalds, but the difference is that they have a successful business plan that led them to the top.
Similarly, we can relate McDonalds with your driving career in Forex. Whether it's by luck or experience anyone can make money in Forex. However, the difference between a bad operator and a successful trader, their plans are. If you have a good business plan and are disciplined enough to stick to it, you will succeed!
Now you know why having a plan of operations. Now we discover that it is indeed a business plan ...
related posts
- camarilladt
- hma indicator
- macd for scalping
- macd scalping
- pivot point in forex trading
Forex is simple follow the trend and you will rich.
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