On the 17^th of January, InstaForex held the first traders’ forum of 2015 for the Nigerian trader. The forum was moderated by Mr. John Igwe, Head of Analysis Department, InstaFxng; and the topic discussed was WORKING WITH YOUR TRADING PLAN IN 2015

The forum attracted both new and professional traders across Lagos. A lot of time was spend rubbing minds on what a plan is, important factors to consider when developing a trading plan in Forex, and also how to strictly adhere to your trading plan.

Mr. Igwe stressed the importance of first understanding the Forex market. He said you must have a complete understanding of the market you are about to enter, including understanding how your trading platform works.

He went further to discuss some key factors to consider when coming up with a trading plan:

1. Money management
2. Having a trading system
3. Pre market analysis
4. Discipline

At the end of the forum, attendees had a chance to network and share knowledge which is what the InstaFxng Traders’ forum aims to achieve. New traders were excited to know that InstaFxng provides free intensive training plus 2 month mentorship.

For enquiries about this month’s traders forum or you wish to reserve a seat for our next traders’ forum coming up in February, Click Here.