Post
Topic
Board Trading Discussion
Re: The importance of a trading plan
by
Fara Chan
on 07/08/2024, 07:06:26 UTC
Not only in trading because wherever we run a plan is something that is needed.
Especially if involvement in trading and without a good plan we will not achieve the goals of the trading that is done because we do not know what to do. Trading does involve a lot of analysis because it requires the ability to see the movement of coins in the market and this method is a little more difficult to learn without discipline.
This year I see that every trader must use a slightly different method and plan in carrying out their trading activities because current market conditions and trends are still influenced by hot issues from outside so that it can cause traders to use a slightly different method than usual. A close example is like when the decline occurred two days ago where traders and investors must have the ability and willingness to buy at low prices because the average coin has experienced a price drop when Bitcoin experienced this in the market.