what a trading plan and how work.!

Good evening my friends. My dear friends many big traders and brokers says make a plan before start trading. I have not enough for good working information. I want it my information share with you and you tell me how I am improve myself for good trading in Forex trading. A trading plan is a set of rules and guidelines that shape and define your trading behaviour including but not limited to financial goals money management rules risk management techniques and criteria for opening and closing positions.

hello members hope you will be fine by the grace of the god do you think that'll ever plan that will create for trading profit or will we get in Cordova money management in Forex Trading and try to become a millionaire in a knight's tanks

A trading plan as far as i am concern is your set trading lot size limit that you have decided to trade With and the number of market that you have decided to trade with in your trading routine be you a Long term trader or a short term trader. A trading plan by a trader stipulate the conditions that most be met in any market that you are trading before you take any trade. Without a solid trading plan It will be very hard for you to make money from Forex trading and grow your trading account.

Sir mt5 have to need a strong planing to get profit in mt5 Forex because mt5 Forex is a risky business If you want to earn more profit you need a good knowledge work hard money management and discipline market planning new trader for important and take a profit thanks for you