Keshav Sagar

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I am a Blogger, Forex Trader and Coach also the Founder of Trending Knowledge.

Location Chandigarh, Chandigarh
Country India
Member Since FEBRUARY 07, 2020
Social Audience 2K
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How To Make A Trading Plan In Forex 2021? Trending Knowledge

Don't worry, in this blog, I am gonna help you to make a better trading plan. In risk management, you should include Lot Size, Risk-Reward Ratio, etc. Your entry rules must include all the confluences you take before entering into any trade like break and retest, patterns break, candle formation, etc. Your exit rules must include price retracement level, profit level, resistance level, Fibonacci level, etc.

Why You Should Start Forex Trading?

If you like to take proper knowledge then you can easily win any trade because without the proper knowledge it becomes difficult to win in your trade. If you are committed, dedicated, and have the patience to develop a trading plan then you must start Forex trading. If you don't have a patience then you can't win your trade because it needs up patience if you want to trade for long terms. That means if you can deal with high-risk management then it is for you because it is highly risky to start forex trading without having proper knowledge and experience.

1-Minute Forex Scalping Strategy Guide

But most of the scalper trade only for 1 or 5 minutes, 15 minutes trading is not so common. You can gain 5 pips or 10 pips if you trade for 1 min or 5 min respectively. Another point while choosing a currency pair to keep in mind is that you must choose a currency pair with low spread. You can set Stop Loss 2-3 pips below and Take Profit 8-12 pips above from the entry point.

Free Forex Trading Course

Forex Trading is an exchange of currency pairs where you can exchange your own currency into another Foreign currency through Trading. If you are ready to enter into the Forex Trader's journey, want to join my team and wanna fulfill your financial dreams then you need to follow these steps :- You can send me all five Screenshots to my Instagram DM. After that I will provide you my "webinar" link and "registration" link to join my team absolutely Free on my Instagram dm. On that webinar I will guide you step by step that how you can start your Forex Trader's journey.

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