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Trading Plan

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Trading Plan

Having a trading plan and sticking to it is an indispensable requisite before risking any money in the markets. In short, a plan describes what to do, why, when, and how to do it. Not having a plan is one of the top reasons traders fail. A good trading plan should describe your overall goals, what markets and timeframes to trade, how to keep records to review your performance and how to apply risk management. Other parts of a good trading plan are how to find trade candidates, how to manage trades, what techniques or methods to employ and what rules to use for entry and exit. You should also consider what pre and post market activities to perform, what checklists to use, how to educate yourself and how to act in case of a calamity.

A plan defines your trading activities in detail, helps you control your emotions and keeps you focussed on executing your strategy with rock solid discipline to avoid trading errors. There is no fixed blueprint for the optimal plan, it can be as simple or as complex as you want and tailored to your needs and trading personality. Plan your trade and trade your plan!
suntzucai suntzucai SCBTC, D, Long ,
SCBTC: SIA COIN / BTC
119 1 5
SCBTC, D Long
SIA COIN / BTC

SIA COIN / BTC

DannRV DannRV AUDUSD, 240, Short ,
AUDUSD: re-test fibb xpansion
24 0 4
AUDUSD, 240 Short
re-test fibb xpansion

wait for retest previous high with divergence price action at level on price range and go

WilliamGuillaume WilliamGuillaume PRO EURGBP, 15, Short ,
EURGBP: EurGbp ,sell pattern
28 0 3
EURGBP, 15 Short
EurGbp ,sell pattern

the price gonna quit the resistance zoe to touch the bottom of this pattern Tp -087.450

DannRV DannRV GBPAUD, 240, Long ,
GBPAUD: GBPAUD Game Plan
16 0 3
GBPAUD, 240 Long
GBPAUD Game Plan

plan : Still falling to fill the gap + structure ( demand zone ) if we have a good price action we going long, settin the sl below last low

Spiderweb Spiderweb CHFUSD, D, Short ,
CHFUSD: Short CHFUSD @ 1.0519; TP @ 1.0309, SL your choice
2 0 2
CHFUSD, D Short
Short CHFUSD @ 1.0519; TP @ 1.0309, SL your choice

Short CHFUSD @ 1.0519; TP @ 1.0309, SL your choice

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