what is trade plan why it is essential?

Hello my dear friend this question is a share to all the people please respond this answer related I am share my opinion this question related. The trade plan is to define which stocks needs to product sold which instrument to be used what is the margin to understand the risk and when to exist. It is essential to understand and minimise to risk and minimise the market movement to the plan to determine the exist. I am share my knowledge this question about please share your opinion discussion related.

planning is very necessary in Forex trading business and it is not only one road that leads to the market there are several ways to kill a rat so to use only one plan for the market that is always dynamic the market has trending mood and ragging mood and this is all need their own strategy to be consistently successful. So it is is absolutely right the that we should make plan to success in forex market where as forex is the most risky and complicated business in the world so we should have to make multiple plane such as we have to control our greed and motion we should have to trade with several currency and we should open a trade with little lots.