PLANNING

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Another thing that the most important and often overlooked in the betting is PLANNING.  
Trading is a business and business requires planning.  
What distinguishes a successful businessman and losing is a successful businessman always has Planning. Planning will direct you to stay in the right direction.
  Make your own PLANNING containing the points below:  
  1. Trading System  
       1. Determine Time Frame (Time Scale)  
       2. Specify indicators to determine trends;  
       3. Specify other indicators as a confirmation of the trend; 
       4. Find the risks that can limit your liability in any trading 
       5. Decide when to enter & exit the market 6. Write down your rules and stick 

 2. Organize your time, make a schedule when you analyze and make planning, anytime You observe the market and make trades, when you evaluate the results of trading. 

 3. Take control of your emotions no matter what happens you must stay within Planning. Discipline is the key to your success.  

4. Determine your target.  

5. Make a journal in each of your trading so that it can be used in evaluating your work.
  TRADING PSYCHOLOGY
Trading Psychology very important things to note:  
1. Patience; needed patience to wait for the right timing in order entry. Do not be afraid to miss an opportunity  because the opportunity is always happening repeatedly. 

 2. Trust the Trend; trust the indicators used; take the position only accordance with the trend that is happening (especially long-term trends). Do not take position contrary to the trend. 

 3. Relax do not panic; If the movement does not fit do not panic still planning to follow already fixed in advance. Remember the price will bounce up & down is sometimes the price will back to its original position. At least the loss suffered in accordance with the limits you've specified.  

4. Do not be greedy; If your target has been reached, do the re-evaluation for open positions second, how likely your second target will be achieved.  

5. Do not Despair; If the loss with a happy face the reality, however trading not always profitable, but with good management the total profit will be greater than losses. Remember opportunity will occur repeatedly.

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