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Thread: Traderís Best Weapons for Trading Plan

  1. #1
    forex ijo
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    Lightbulb Traderís Best Weapons for Trading Plan

    dynamo - First and lasp post every thread AXITrader aff
    Every single person who is involved in the business world plans to gain the business profits whether it is significant or not. Doubled profits up to 100% will be much desired. The possible way to achieve that profit immediately is by joining forex business. However, in the business, everything does not coming in a sudden without no effort. As a forex trader in forex trading, in order to gain more profits you need to pick the right system on the right time unless you will get nothing.

    To pick the proper system, you need to sharpen your intuition and instinct toward signals in the trading market. You have to know which one is the good signal and which one is the bad. Therefore, you can apply the right system and start the open position and transaction. If you cannot decide the best signal, you will miss the opportunity, you will miss the boat. In order to minimize the failure and intensify your instinct to open the opportunity and seize the signal, you need to apply the filter system. This filter is very useful for a trader. It will allow you as a trader to find the weaknesses and the strengths of each system which the traders commonly use. This filter will help the traders to decide which signal is suitable to do open position and avoid missing the boat. Besides, as a trader you need to be smart and creative.

    If you already failed or missed the boat, you need to use your another secret weapon. Second plan will be your secret weapon instead of filter system. Second plan will be very necessary for you while playing in the trading. It will save your life in trading while you sink into a failure. While attempting the second plan, you as a trader must consider the 4 elements. First, a trader should decide the plan to face the market in which the condition is out of your prediction. Second, a trader should consider what to do if the long trend happens. Third, a trader must understand what proper plan should be applied for sideway trend. Last, a trader can decide what to do if they lose the internet connection.

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  2. Under 1st Post -dynamo
  3. #2
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    The best way with planning is doing proper money management which will enable us to perform and will help us gaining well. I feel absolutely comfortable doing it due to OctaFX broker who have mighty offering in shape of 50% deposit bonus thatís usable and really enhances our chances to great degree. I also feel good with their customer service thatís 24/5 active and gives one high amount of comfort and keeps one relaxed as well and when we are comfortable then we will always perform well.

  4. #3
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    Right, to trade profitably in this Forex market, the best way to plan is having money management and risk management with your capital. There is no gain if you can not manage your capital at a high-risk time of the market.

  5. #4
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    Money Management and Risk Management is must now to learn if you really wanna make some good money with Forex, you cannot earn enough, without those two.

  6. #5
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    Quote Originally Posted by Metalhead View Post
    Money Management and Risk Management is must now to learn if you really wanna make some good money with Forex, you cannot earn enough, without those two.
    There are so many important things while you are thinking about Forex trading. If you want to be a trader then you have to learn the concept of the market that is useful and can help you in future for your trading work.

  7. #6
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    box - einstein 250x250
    Yeah, for that we need to learn about the Market Analysis, Fundamental, Sentimental and Technical Analysis, Then we could use them to see that when our trades would earn the highest.

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