Hey Traders,
Could anyone share your trading plan? Pls.
so I can get some idea to start mine. Thanks
Its not that simple, a traders plan should fit his/her own personal lifestyle and temperment.
For example, I have a thread on here called the Balls of Steel - its [B]one[/B] style of trading I use, not the only one, but I wouldnt recommend it for a new trader, I just do it because I enjoy it and can afford to blow that particular account if it went pear shaped.
Take a look at the 3 Ducks System on here, its a good, steady, reliable system. Not a ‘get rich quick’ system but one you can play around with and adapt (if you want) to suit yourself
Thanks eddieb! where did you get the Balls of Steel style trading?
okay I will try the 3 Ducks System but where can i get the 3 Ducks system?
BallsOfSteel reasoning is described on the 1st post of that thread
type 3 ducks in the search box further up the page. Its been going years and I used to get a 60/65% success rate–mind you, its not the success rate that will win long term in Forex, its Money Management-you can revisit the school or look on my Newbies Guide to becoming a forex trader in here if thats easier
ohh wow your newbies guide was looks good and helpful.Thanks a lot. Im going to start to read it.
Well, my general trading plan is following own trading system! It’s a combo trading system by many default and custom trading tools! Besides, I use only 1% risk in my every trade position, yes according to my trading plan I use a fixed trading lot size (.50); so when I get a entry point in order to my personal system then I use it based on my plan; that’s it!