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5 Elements of an Effective Forex Trading Plan

By on July 13, 2020 0 32 Views
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Trading plan step by step to creating a forex trade plan. Developing a forex trading plan is something you should do before you start trading.

I want to show you how to build a trading plan and create a forex business plan so that you can be disciplined in your trading.

Having a trading business plan is important for you to become a successful trader in the long run. So i wanna show you a trading plan example that is suitable for beginners.

Creating a trading plan is something that a lot of traders are not willing to do that is why they lose. This is because developing a forex trading plan is hard work.

Make sure that your forex trade plan has these 5 elements. One of which is your entry, TP and SL levels to be included into your forex trade plan.

Now that I’ve already given you a trading plan template, make sure that you not only go on to create the best trading plan for yourself, you must also follow it.

This is a trading plan for beginners, so if you want a more advanced trading plan, i’ll do a video on it in the future. For now, i want to guide you to creating a trading plan step by step so you wouldn’t miss out anything.

Having this trading business plan will ensure that you treat this seriously like a business.


Singapore youtuber profile:

Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.

This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.

It’s also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.

Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.

She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.

Email: karen@karen-foo.com



Music Credit:

Adventures by A Himitsu
Creative Commons — Attribution 3.0 Unported— CC BY 3.0

Music released by Argofox
Music provided by Audio Library

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