Community Forex Questions
What is the importance of a good trading plan?
Making a plan include many things that we may refer as increase and decrease in prices. Whatever you plan and however you do it you need to understand that if you are not going to include all of the major and key factors that decisively conclude the price is your plan will not be worth going for.
When you are trading, having a good trading plan is essential. This will help you to stay disciplined, make good decisions, and take the emotion out of your trading. A trading plan should include your entry and exit points, as well as your stop losses and targets. Having a plan will help you to stay in the market longer, which can lead to increased profits.

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