Pre-planned or Instant strategy in Forex market

[riddick09]

The market is always uncertain so, we can say that these luck will not work always and that traders will not be a trader if they don't have focus in their analysis and their trading strategy. Thus, they should have work on so hard to have find the most and better strategy that will be profitable for them.

 

[indieover]

Sometimes it is better to have pre planned trading. But you should Haber knowledge and skills to know how to use it correctly. So that you don't need top new always online just for you to open a trade.. But if you don't want that there's nothing wrong if you would open trade only when you are online.

 

[riddick09]

Why sometimes? It's definitely the best to have planned strategy. And the instant strategy you will going to apply it in your strategy and then, you don't have experiences or tests in that strategy which will impose of possible losing trades. A good strategy is means that we have already tried it and that it's appropriate in our skills.

 

[naninov]

market conditions always change and never be the same, so using instant strategy which mean analyze it first based on current market trend than start trading using pre pkanned strategy which may suit with current market condition

 

[Decub]

To me, instant strategy will only work based on a pre-planned strategy. This is the point where you decide to take chances based on your analysis of how the market would be. This is something you analyze based on the trend available and apply that which you have earlier planned so I believe they are just interwoven.

 

[barood4money]

must say dear first of all you must have to write correct english and secondly you must have to write min 3 lines otherwise you will not get your money and yes a lot of newbies always start with a loss but now there is no need to become scared because as we all know that there are a lot of forex related forums which will help them to make some money for their trading account so now they can earn as much as they want.

Sorry. But you have written only one line that also with wrong punctuation. Everybody can make mistake. Even me also. Matter is not about writing mistakes. Matter is about sharing knowledge.

 

[barood4money]

Stratedy totally depends on the situation. Maximum all the strategies are taken pre-planned after market or product analysis. But few times instant strategy are used for some reasons.

 

[Daisy]

I always have previous plans before I enter the market. I guess we all do since we have to think of a good trend in order to enter so we will always have some sort of planning in our trades or else we will be gambling mindlessly and its dangerous that way but some do anyways for fun right. I mean all of those gamblers in casino city play mindlessly all the time. It happens. I don't doubt that in forex. However, the ones that plan will have more successful trades. If you trade impulsively, you might get lucky but most will probably turn out to be losing trades.

 

[gkintl]

Instant strategy or intuition based trading will not succeed all the time. Also, volatility may make a trader feel restless when he follows an instant strategy. On the other hand a tried and tested strategy will enable a trader to keep his patience and enter a trade with confidence. Thus, it is always better to have a well laid strategy in place and not depend on pure discretion and intuition to make our trades.

 

[Decub]

The business of Forex require to a great extent, adequate preparation before we enter the market. A detailed analysis helps a trader to have a feel of what to expect from trade. Sometimes we follow the news not just because we require it a lot time trade but because it draws a basis for us to understand the trends. There are times hitting the market as some will call it works but not all times.

 

[gkintl]

Stratedy totally depends on the situation. Maximum all the strategies are taken pre-planned after market or product analysis. But few times instant strategy are used for some reasons.

While I accept the fact that strategy should be purely based on situation, an untested strategy will put the trader in a much more difficult situation. It is always better to trade with well planned strategy that was tested in a demo account several times. That would enable a trader to anticipate and remain confident of the outcome. In case instant strategy did not work, there will be no way to exit. On the other hand, a well planned strategy will always have an exit route for the trader which is the most important thing to trade successfully in the market.

 

[Decub]

I still think same way. I hardly would believe that there could be a situation where strategy would be decided impromptu and it will yield any good result. I think it will only be felt better when there is a pre plan. A hasty and a 'not thought after' strategy can really become a cancar worm in the trader's trade.

 

[Pettyeve]

Planning is part of trading. If a trader is not having a good trading strategy, he or she will not trade better. If he or she is the type of trader that will not prepare to analyze how to trade before trading, there will be failure along the way because of non tested strategy.

 

[willy]

what is instant strategy do you mean scalping strategy i am trading with the digital strategy but i still testing it because it is new way for trading to me and i think it will be my way and the trusted one when i improve it and make from it good daily profits

 

[Decub]

It's not like it is scalping in the real sense of it. But naturally, it is a type of strategy where the trader enters the market with no pre plan. Just like the way you plan your trades before you trade, but in this case, there wouldn't be any preparation before hand and trade according to what the market brings.

 

[kasual]

Plan necessary and enabling traders to trade in appropriate way. I don’t understand about instant strategy because as I know that every strategy made based on specific plan of how to analyze the market. But if its regarding with the way traders get the strategy, for example, copy from others and not self made, we can call it instant strategy because we get it without spend effort to construct.

 

[tray]

Having a good trading plan is always the best way which any trader need to do his trade in forex trading market so if you really want to succeed in forex market then be sure that you can earn alot of money in the forex trading market plan should be develop while a trader is still in his demo account

 

[sindarin]

Pre Planned strategy is a must , i don't know for others but for me it is amust and also traders need to have pre-planned strategy in order to make a better strategy later, instant one only applied in the critical situation.

 

[budado]

Its good if we do daily and weekly analysis. Weekly analysis so that we will know what trends to follow for a week period. Daily to make sure that theirs still no reversal coming in. In this way we can position ourselves before we start trading.

 

[Decub]

Planning has always been a very important thing not just in Forex alone. If you have a very good plan, it makes the whole sense and it gives you more reasons to smile. It is a pre planned strategy that you can easily think of what to do next when your plan fails you.