Top Forex Forum | Get Forex Trading Strategies & Feeds | Forex Forum
This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
Having a good trading plan is crucial for several reasons:
1. Risk Management: A trading plan helps traders to manage risk effectively by setting clear guidelines for determining position sizes, establishing risk-reward ratios, and implementing stop-loss orders. This can help protect trading...
A good trading plan typically consists of the following key components:
1. Clear Risk Management Strategy: A well-defined trading plan includes a comprehensive risk management strategy that outlines the acceptable level of risk for each trade. This may involve setting stop-loss orders to limit...
I usually think discipline is more important than strategy.
1. Write down the rules of your strategy
2. Use similar lot size across all your trades
3. Have a predefined stop loss and take profit every time
You can try indicators called Eye of God modified by this other dude named Shen Luo or something
You can also check out his other vids
Personally i have tried it on demo and it works.