Thread: Trader need plan

A good trading plan should include entry points, exit points, risk management, trading strategy, and emotional control. Planning helps you stay focused on your goals and minimize risks. Speculating without a plan in Forex trading is like driving without directions.

Planning and preparation are essential aspects that traders should frequently apply in forex. By consistently implementing these, trading can be more focused in a real account. This is also something that I often apply at Tickmill as my broker.

Better plan yields better return but try to use indicators efficiently to make a good trading plan. Trend lines are indicators that specify trends helping traders know the market trends and ranges. I prefer using this indicator as part of market analysis. FXOpulence provides more than 400 technical tools to traders with other services in moderation.

Absolutely, gaining profits in forex isn't easy or instant. That's why I'm dedicated to continuous learning, actively utilizing e-books and webinars provided by Tickmill. This way, I can acquire a deeper understanding and knowledge of forex trading.