How to Build a Profitable Forex Trading Plan
A forex trading plan is a structured framework that guides traders in making consistent and disciplined decisions.
Trading Goals
Clear goals help traders stay focused and measure progress realistically.
Entry and Exit Rules
Defining clear entry and exit rules removes emotional decision-making from trading.
Risk Management Rules
Risk rules define how much capital is risked per trade and protect the trading account.
Trading Journal
Keeping a trading journal helps traders analyze performance and continuously improve.
Conclusion
A solid trading plan is essential for long-term forex trading success.
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