WHY DO WE NEED A TRADING PLAN ?

[jambul_kribo]

Build yourself a trading plan that will guide you in the market, and this is actually the most effective way to actively remove the loss transactions due to emotion. 

Yeah dude trading plan is most essential for our success in trdaing. If we can make a good strategy for short or long term trade then we will get much profits without losses.

maybe trading one of key success in our trading result.in this plan, we write some important information about why how about our trading.so this is why we really need it.

[panganib999]

Build yourself a trading plan that will guide you in the market, and this is actually the most effective way to actively remove the loss transactions due to emotion. 

monitoring prices first and recording price movements for some time, this might provide a better picture for us to predict future prices, indeed it cannot be a benchmark for us to start trading but at least it can make us more confident, because the price of bitcoin is very easy to move up and down.

Just a monitor is not enough to make a choice, but at least it can give you a little view, you can make plans in trade like what percentage of profits you will make, and what percentage of losses you can afford, so when technical analysis is done you know when to sell it

I agree, technical analysis is more important than just merely monitoring the prices. Analyzing the whole scheme you are going to do is going to give you best results unlike just depending on the prices buy low sell high is not always a thing to do more likely applicable on just bitcoin and high priced coin in the market. Technicalities on the market will never fail you if you are knowing what the processes are.

[MRY]

trading has a high risk and if we are wrong in making a decision it will make us lose, so we must have a good plan and have a good strategy to be able to get a profit

[shulc7]

Build yourself a trading plan that will guide you in the market, and this is actually the most effective way to actively remove the loss transactions due to emotion. 

Yeah dude trading plan is most essential for our success in trdaing. If we can make a good strategy for short or long term trade then we will get much profits without losses.

maybe trading one of key success in our trading result.in this plan, we write some important information about why how about our trading.so this is why we really need it.

Probably, when you have a plan, you are more concentrated on the business. You do not pay attention to the insignificant details. You work for your goal and do everything to achieve it.

[futureofeth]

For trading, we need to plan before investing into any coin because without planning and researching it is impossible to make profits. So before purchasing anything we need to have plans ready for it whether to hold it for long term or short term.

[LuvCyanide]

Yes, this is an important component of trading. In any case, a certain sequence of actions is required to achieve the goals. The plan helps us to trade successfully in the market.

[Finestream]

Yes, this is an important component of trading. In any case, a certain sequence of actions is required to achieve the goals. The plan helps us to trade successfully in the market.

Right.Trading plan is very much important because it will serve as a format on how to make trading a successful one.Of course with the monitoring of the price market,it will be easier for us to trade once we have correct guidelines to take.Though this is not 100% percent successful,but this can minimize losses in a way.

[nydiacaskey01]

Its applies to everything. If you fail to create a plan, then you plan to fail. You need a plan in everything that you do. Plan when you Buy and plan when you Sell. you cant just hold on to what you bought forever, you need to sell it to earn and move on. You need an exit plan in case the price goes down, you dont want to hold a coin that price already reduced to 50%.

[Pattart]

Build yourself a trading plan that will guide you in the market, and this is actually the most effective way to actively remove the loss transactions due to emotion. 

Yeah dude trading plan is most essential for our success in trdaing. If we can make a good strategy for short or long term trade then we will get much profits without losses.

maybe trading one of key success in our trading result.in this plan, we write some important information about why how about our trading.so this is why we really need it.

of course the plan will determine your win, in price market can drift and drop at any time. and if you don't make a plan such as how much profit you have to take and how much loss you can receive, so when you analyze it you won't be confused what you will do afterwards..

[Moreira]

Having a plan will help you in good times and bad times, but above all you will be forced to set a goal, and for me that is the biggest factor adjacent to the plan.

[astridwi]

trading plan is necessary for review and evaluation of all that we have done in trading, a good trading plan will have a significant increase in profitability for users, if we do not implement this then we are just the same as crypto gambling

[onebtcforlife]

For trading, we need to have our plans in order to implement them in the market according to the market situation because without plans it is impossible to make money through trading. Planning is the most important thing we need to consider while when are into the trading sector.

[Arthurian60]

Before you get into trading try as much as possible to have a trading plan. Without trading plan, you will always find yourself at loss all the time. A trading plan will serve as a guide to, when to enter a trade and when to exit it. It's very important.

[petermike]

At this moment we need a trading plan by the market fluctuating constantly and not stable.The trading will help us to compensate for losses when buying coins at high prices before and this is a good profit form when Bitcoin and Altcoins go down.

[gabmen]

Build yourself a trading plan that will guide you in the market, and this is actually the most effective way to actively remove the loss transactions due to emotion. 

Yeah dude trading plan is most essential for our success in trdaing. If we can make a good strategy for short or long term trade then we will get much profits without losses.

maybe trading one of key success in our trading result.in this plan, we write some important information about why how about our trading.so this is why we really need it.

of course the plan will determine your win, in price market can drift and drop at any time. and if you don't make a plan such as how much profit you have to take and how much loss you can receive, so when you analyze it you won't be confused what you will do afterwards..

Lol. I chuckled a little with a plan removing losses. You can't remove having losses from the equation since you will lose money one way or another. Having a plan makes you flexible on what to do if that happens. In the course of making plans you'll become more aware of what you're getting yourself into and that is already beneficial.

[Rightchoice]

It is only common sense, there is no way anyone can be successful without learning well. It’s obvious that knowledge and experience is the key aspect for success. I have found it all relatively easier with support of FreshForex, who not only provides awesome trading services but also have some amazing features to make someone gain money consistently. It is kind of IDEAL creation, so that makes the working so smoothly.

[Shinpako09]

You really need a plan, because without a plan you won't be successful in that field. You will be lossing for most of the time if you will rely on your luck. Never heard of trader without a plan, even weak hands has a plan it's just their estimate is wrong. LOL. I guess it doesn't matter detailed or not as long as you are doing great, that will do.

[Moiyah]

We should always have a trading plan whenever we do some trades. Setting an entry and exit point is also important. Past data can also be significant to distinguish any possible bullish or bearish trend. You can always achieve target profit if you have strong self discipline and when you follow all your trading plan.

[btcmegastar]

Most of the people will have a different plan when it comes to trading, the Trading platform is a completely different platform which we need to plan before investing in any coin in the market. After planning we have to follow it strictly otherwise, you need to face a lot of problems because market fluctuation will make you change your mind, so always stick to your plans before buying or selling.

[Furious 7]

Good planning means planning success. and failure in planning is planning failure. that's probably the proverb that I read from various books.
in trading also requires planning and strategy, otherwise you might only get loss.