In trading, the plan is necessary, as it helps not to depart from the goals and it is always convenient to see how many percent of the profits you need to get to earn a certain amount, otherwise a person will not feel the results of their activities and carefully dissipates
well, it's like planning what to do. when you don't plan what you are going to do, it makes the possibility of risk getting bigger. it's not different from trying or gambling. therefore, the strategy is very important.
Topic: WHY DO WE NEED A TRADING PLAN ? - page 2. (Read 15628 times)
I have made some trading plans before but because the market is always unpredicted, I stopped doing it and just adapt accordingly. I have plans like buy this or buy than for only this amount but I end buying again because it dip a little more. And another one on selling is you can miss more profits if you sell or you'll just miss the profits if you hold more so my plan can be useless anytime.
Trading plan helps us to accurately gain from out trades. Without planning, we might end up lossing on our trades which is not a healthy indication for a business.
This should not be ask in the first place, it's already understand, when you are trading you need planning, it's a basic thing every trader has to do. Even newbie needs to have a trading plan, that's our guide in what we do, that's very simple to understand that it's necessary.
And its not also for newbie or old times,because this is a obligatory if you need to profit here
We are investing our precious money into trading, so we need to have a plan for trading because before investing we need to some rules otherwise, we might sell them for low prices. Even sometimes we might lose our patients due to the market situation, so in these cases, we have to be very strong.
In trading, the plan is necessary, as it helps not to depart from the goals and it is always convenient to see how many percent of the profits you need to get to earn a certain amount, otherwise a person will not feel the results of their activities and carefully dissipates
well, it's like planning what to do. when you don't plan what you are going to do, it makes the possibility of risk getting bigger. it's not different from trying or gambling. therefore, the strategy is very important.
I simply needs the plan to learn my investments progress if i am earning or not,i also need a plan for every steps of my investments journey in every profiteering i engaging and so far all i can say is good and better than nothing at all.
I also use this same planning for my daily living and putting plans from a to d for much appreciated future
I also use this same planning for my daily living and putting plans from a to d for much appreciated future
In trading, the plan is necessary, as it helps not to depart from the goals and it is always convenient to see how many percent of the profits you need to get to earn a certain amount, otherwise a person will not feel the results of their activities and carefully dissipates
Trading is like a battle, so you need plans to win this fierce battle. The Crypto market is constantly fluctuating, and you can make a lot of money in a few hours but you can lose the opportunity if there is no perfect plan.
Without proper plan in place you cannot succeed in trading. It is your plan that do expose you to trading opportunity that will not milk your funds. Many people and traders jump from one strategies to another because of lack of trading plan and as such lose money. 
Trading is like a battle, so you need plans to win this fierce battle. The Crypto market is constantly fluctuating, and you can make a lot of money in a few hours but you can lose the opportunity if there is no perfect plan.
Without proper plan in place you cannot succeed in trading. It is your plan that do expose you to trading opportunity that will not milk your funds. Many people and traders jump from one strategies to another because of lack of trading plan and as such lose money. Great article! We really need it all, especially concerning market analyzing
It is so important for altering ur perspective on trading, i follow only exchanges who provide such material baseGreat article! We really need it all, especially concerning market analyzing
It is so important for altering ur perspective on trading, i follow only exchanges who provide such material base
Great article! We really need it all, especially concerning market analyzing
Trading plan helps us to accurately gain from out trades. Without planning, we might end up lossing on our trades which is not a healthy indication for a business.
Indeed, the plan will create accuracy for our work when we know how to handle situations in the market, we will not need to be too hasty or anxious when faced with special or unexpected situations because it has always been in our plan. In addition, with such a clear set up, our work achieves good results and doesn't waste too much time, limiting a lot of losses because when we don't have a trading plan, we are often very pressured and difficult to make decisions, which creates many wrong decisions and creates damage. 
Trading plan helps us to accurately gain from out trades. Without planning, we might end up lossing on our trades which is not a healthy indication for a business.
This should not be ask in the first place, it's already understand, when you are trading you need planning, it's a basic thing every trader has to do. Even newbie needs to have a trading plan, that's our guide in what we do, that's very simple to understand that it's necessary.
And its not also for newbie or old times,because this is a obligatory if you need to profit here
Trading plan helps us to accurately gain from out trades. Without planning, we might end up lossing on our trades which is not a healthy indication for a business.
This should not be ask in the first place, it's already understand, when you are trading you need planning, it's a basic thing every trader has to do. Even newbie needs to have a trading plan, that's our guide in what we do, that's very simple to understand that it's necessary.
You're right. Also, the trading plan will be a good way of self-motivation and will help to make your trading more consistent and structured. Having a trading plan is very useful.
maybe we can become less confident with the plan we have made. well, I always do that before starting my business. the strategy is also able to help us in setting goals, and avoid the risks that can destroy someone. 
Trading plan helps us to accurately gain from out trades. Without planning, we might end up lossing on our trades which is not a healthy indication for a business.
Trading is like a battle, so you need plans to win this fierce battle. The Crypto market is constantly fluctuating, and you can make a lot of money in a few hours but you can lose the opportunity if there is no perfect plan.
I believe something carefully planned can give maximum results compared to doing something without a plan. This also applies to crypto trading which is very draining because the price often changes so that in making that decision it must be correct.In crypto trading, you cannot rely on mere feelings, but must be in a smart way of thinking and a strong level of emotional control, so that decisions are made when the trade is profitable.
Trading is like a battle, so you need plans to win this fierce battle. The Crypto market is constantly fluctuating, and you can make a lot of money in a few hours but you can lose the opportunity if there is no perfect plan.
I believe something carefully planned can give maximum results compared to doing something without a plan. This also applies to crypto trading which is very draining because the price often changes so that in making that decision it must be correct.In crypto trading, you cannot rely on mere feelings, but must be in a smart way of thinking and a strong level of emotional control, so that decisions are made when the trade is profitable.
Trading is like a battle, so you need plans to win this fierce battle. The Crypto market is constantly fluctuating, and you can make a lot of money in a few hours but you can lose the opportunity if there is no perfect plan.
There is no perfect plan in trading as well,just use the current state of cryptos into your side by buying or selling.Plan can be defined as our goal too in trading without having proper target to achieve we can't aim anything so set a prior target and march towards it.I don't think a well-designed trading plan works for pump and dump coins. You don't need any of that sort to gain profit from those crap coins. Just know the right time when to enter and exit. But you will be unfortunate if you are late for the party, you will be a bag holder instead.
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