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    Thread: How to develop a successful trading plan?

    1. #17 Collapse post
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      Quote Originally Posted by Trader_Rob View Post
      Same here. Then I also watched videos from other traders who are sharing their trading plans. I do not copy everything. Mostly, I gather ideas on how I can fully maximize my trading activities.
      This is a great technique. Professional traders have their own trading styles and they may not always work for us. That is why we should make ourselves familiar with various styles and tweak them according to our preference.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Aya View Post
      To be honest, I developed my trading plans through extensive demo trading. I assessed my strengths and weaknesses first before I came up with a suitable plan.
      Same here. Then I also watched videos from other traders who are sharing their trading plans. I do not copy everything. Mostly, I gather ideas on how I can fully maximize my trading activities.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      To be honest, I developed my trading plans through extensive demo trading. I assessed my strengths and weaknesses first before I came up with a suitable plan.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Newbie_trader View Post
      Who joins crypto trading here for fun? I think most of us here are serious and focused on our investment. Only naive trader joins this investment for fun.
      That's true. I probably would demo trade for fun and to have an experience. But investing my money means I need to take it seriously.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Mr. Cid View Post
      Besides, it is worth noting to define our reasons for trading. We trade not just for fun but to make a profit.
      Who joins crypto trading here for fun? I think most of us here are serious and focused on our investment. Only naive trader joins this investment for fun.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    6. #12 Collapse post
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      Quote Originally Posted by AbdulShiek View Post
      A successful trading plan also includes right attitude and personal risk management rules.
      Besides, it is worth noting to define our reasons for trading. We trade not just for fun but to make a profit.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    7. #11 Collapse post
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      Quote Originally Posted by alkeanAnidem View Post
      Treat trading like a business, not a hobby or a job.
      Learn everything about the business.
      Set realistic expectations for your business.
      A successful trading plan also includes right attitude and personal risk management rules.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Treat trading like a business, not a hobby or a job.
      Learn everything about the business.
      Set realistic expectations for your business.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    9. #9 Collapse post
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      Quote Originally Posted by AbdulShiek View Post
      Make a plan that we can adjust to the unpredictable market conditions.
      It is also important to place an order based on technical analysis and incorporate trend and volume indicators.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    10. #8 Collapse post
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      Quote Originally Posted by AbdulShiek View Post
      Make a plan that we can adjust to the unpredictable market conditions.
      One of my trading plans is to never risk more than 5% of my trading capital.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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