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Forex trading plan:

why you need it and


how to make it?
The Forex Secret

Theforexsecret.com
Forex Trading
Plan:
If you want to be successful in forex
trading you have to plan for the future.
If you decide to enter the forex market
without preparation, it is very unlikely
that you will be successful in the long
run.

2
What is Forex Trading
Plan?
 The Forex trading plan is not
different from any other trading plan.
We try to give you an outline of
trading activities. There will be some
specific activities that you will follow.
Once you have a proper guideline it
will be easier to follow them and put
them in your practical life.

3
Making a good
Forex Plan
 At the beginning developing a plan is very
simple. The first step is to determine how
frequently you want to trade and how many
trades you want to open per week or par day.

 Then determine the duration of your trade. This


is very important, your plan should indicate the
time dimension you are going to use on
trading.

4
What about less
opportunity
 Normally when people hear about less
opportunity it has a negative connotation. But it
is not necessarily true when it comes to
trading. In order to understand the winning
strategy, we have to understand each and
every opportunity in the Forex market can
bring profit and loss.

5
No room for
emotional trading
 Another important reason for limiting your trade
is that people trade emotionally and lose their
money but when the market is going up they
do not have enough balance to trade. It is
better not to invest all your money in one trade.

6
THANK
YOU!
The Forex Secret

website
https://theforexsecret.com/
Email
candacethomas728@gmail.com

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