Aren't we all trading according to what we see?
It is not easy to follow a trading plan because the market is not always stable. And it take discipline for a trader to easily follow a plan accordingly. But it is beneficial to do so.
Depending on the plan, but I think that to have rom for flexibility is not necessary bad. However, as much as possible one should stick to it.
Following a trading plan is not easy. But discipline and patience will help to do so.
Yes, I normally do. I stick with the single trading plan in whole trade. But in very few trades in which I have changed my gears and then done things differently.
good trading plan leads to regular small gains...not following plan, might sometimes lead to a huge wins that will be followed by even bigger losses...if you haven't try it yet...
Or trending system can do that : it is usually considered that 20% of trades in a trending system are those that are bringing in the profit
I guess all traders will have to go through some adjustments, results depend on how severe the adjust is, lets say you follow the plan 95% and do a 5% adjustment, another thing to think about is the plan its self is it 100% profitable? so that 5 % is gonna be either good or bad, well its all about the odds and we follow where we have a grater odd of winning.
hii guys ..
Following a trading plan is not easy.good trading plan leads to regular small gains.but guysIt is not easy to follow a trading plan because the market is not always stable.
thank you
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Can you stick to a trading plan exactly?
there were times that I was tempted not to follow my plan and trade according to what I see and feel.