5 Elements of an Effective Forex Trading Plan

Trading plan step by step to creating a forex trade plan. Developing a forex trading plan is something you should do before you start trading.

I want to show you how to build a trading plan and create a forex business plan so that you can be disciplined in your trading.

Having a trading business plan is important for you to become a successful trader in the long run. So i wanna show you a trading plan example that is suitable for beginners.

Creating a trading plan is something that a lot of traders are not willing to do that is why they lose. This is because developing a forex trading plan is hard work.

Make sure that your forex trade plan has these 5 elements. One of which is your entry, TP and SL levels to be included into your forex trade plan.

Now that I've already given you a trading plan template, make sure that you not only go on to create the best trading plan for yourself, you must also follow it.

This is a trading plan for beginners, so if you want a more advanced trading plan, i'll do a video on it in the future. For now, i want to guide you to creating a trading plan step by step so you wouldn't miss out anything.

Having this trading business plan will ensure that you treat this seriously like a business.

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Singapore youtuber profile:

Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.

This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.

It's also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.

Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.

She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.

Email: [email protected]
Website: http://www.karen-foo.com
Facebook:   / karenfoospeaker  
Instagram:   / imkarenfoo  

MENTORSHIP PROGRAM ONLY FOR SERIOUS HUSTLERS : http://bit.ly/2qkIvRj

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Music Credit:

Adventures by A Himitsu   / a-himitsu  
Creative Commons — Attribution 3.0 Unported— CC BY 3.0
http://creativecommons.org/licenses/b...
Music released by Argofox    • A Himitsu - Adventures [Royalty Free Music]  
Music provided by Audio Library    • Adventures – A Himitsu (No Copyright Music)  

   • 5 Elements of an Effective Forex Trading Plan   Disclaimer:The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.