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Friday, June 20, 2008

Trading plan

Trading routine in forex trading: 3 basic sub-components of a trading routine: Preparation and thinking time( when you get up each day to prepare for each day's trading activities). Events watching/trading time( when you would be in the market to watch and probably cash in on the trading opportunities you preview or analyzed earlier). Evaluation time( when to sit back and evaluate your trading day and activities: time to correct errors and mistakes and pick up new disciplines). The routine will help those whose jobs and businesses do not allow much time, to trade without jeopardizing their current business.

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