Forex Trading Plan and Strategy Difference?

Rambo35

Confirmed PaxForex Representative
Apr 22, 2013
909
24
32
Canada
Currency trading is full of plans, strategies, systems and rules so it is very easy for a beginner to get confused. In order to succeed in forex trading you need to be organized, disciplined, and alert to the market. However, when you trade currencies it is important to know the difference between two of your most important tools; your forex trading plan and your forex trading strategy.
 

fxapex

Active Trader
Jun 7, 2013
258
13
29
Yeah its a bit confusing but i think a plan is a part of strategy. Like to have s a good plan is a part of your strategy.