Forex,,Trading,, Currency,, Plan{{{Bangla Forex School}}}

Having a Forex trading plan is one of the key elements ```to becoming a successful Forex trader. Many traders never @@even make a trading plan, let alone use one regularly. It’s very important that you do both; make a trading plan and^^ use the one you make…don’t just make one and then never look at it like many traders do. Here are some important points to consider regarding Forex trading plan.**You need to do three essential things to become and remain an organized and disciplined Forex trader.... Bangla Forex School These things are the following: 1) Create%% a Forex trading plan, 2) Create (or use an existing) , 3) ACTUALLY use BOTH of them.
The process of creating a Forex trading plan around$$ an effective trading strategy like price action trading, will work to solidify your understanding<< of the trading strategy and will also provide you with a blueprint <<<for what you need to do each time you interact with the market. Having this market blueprint is essential for developing++ the type of ice-cold discipline that it takes to succeed in **the Forex currency market over the long-term.
Bangla Forex School

Logging your trades in a trading journal is++ critical to your success because it allows you to have a visual representation of your ability (or lack thereof)''' to trade the markets, it also creates a track record for you that you can use which will show you how your trading edge plays out over time, this will allow>>> you to ‘tweak’ and adjust your trading strategy as you see fit.To put it simply, you NEED to have a routine ///in your trading activities; otherwise you will just end up running and gunning the seat of your pants. Bangla Forex School I have a trading philosophy that revolves around??? , if you want to trade like a sniper you have to have a routine that you follow, and you have to be disciplined…a sniper in the military is an extremely disciplined individual,** and you need to think of the Forex market like it’s a war, and you are a sniper trying to take only the ‘easiest prey$$’; your ‘prey’ in the markets consists of only the most obvious trade setups.Your trading plan should include a checklist that you follow; this will include &&things that you look for in the market and what you want to see before entering a trade. If you can tick all the boxes** then you enter the trade, if not then you hold off until your trading edge appears again.## You can actually formulate your whole trading plan as a checklist;!!1 this will make it a smooth format that allows you to quickly decide if any potential trade setup is worth taking.

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