Skip to content

My Best Forex Trading Training

  • About Me
  • iMarketsLive
  • Products
  • News
  • Forex Things
  • Cryptocurrency
  • Privacy Policy
    • Data Access Request
June 19, 2018 / Forex Things

What is a Trading Plan?

The Forex Trading Market is a very big market. It is a 5.3 trillion dollar ($ 5 300 000 000 000) market, where a lot is happening during the week. There are a lot of pairs (p.e. USDCAD), crosses (GBPJPY) and exotic pairs. It is not possible to follow everything that is going on. Some trades will be going down, others up and some will just consolidate.

What is  Trading Plan? What to do, which pair to follow, when to enter, when to take profit and some important decisions are written in a Trading Plan. If you have never traded before this is impossible to do. So it is important to practice on a demo account. Try different pairs, strategies. Along the way, you get answers to fill up your Trading Plan. This is something very personal

Trading Plan

The Trading Plan keeps you focused and on track. You need a good dose of discipline to keep up with it. I can say this from experience.

I will give you here an example of how a Trading Plan could look like.

IML Trading Plan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Let me know if it works out for you. The best of luck.

Enjoy the pips!

Post navigation

Previous Post:

New SwipeTrades Master – SHARPSHOOTER

Next Post:

SwipeTrades Results April 15-20

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Building your IML Business
  • The Millionaire City Tour
  • Market Mastery Class
  • Brandon Boyd Global Tour
  • IML Bounceback in Spanish

Categories

Recent Comments

  • MMacLeod on Learn to Earn with IML ACADEMY
  • MMacLeod on IML SwipeTrades Review
  • Nathan Rios on IML SwipeTrades Review
  • Sherley on Learn to Earn with IML ACADEMY
  • MMacLeod on Learn to Earn with IML ACADEMY

Archives

  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
Binance
Binance.com
©2019 My Best Forex Trading Training - Powered by Simpleasy
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Read More
Privacy & Cookies Policy

necessary Always Enabled

non-necessary