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For implementing any decision , plan is required . planning is the basic function . it is fundamental .
Trade plan requires analysing the risk and returns in investing on any shares .
A proper knowledge and technical analysis is required for learning before entering the stock market .Trade plan is to decide which stock to buy, when to purchase what should be the stop loss etc
Trade Plan is to define which stocks needs to brought/sold, which instrument to be used, what is the margin( to understand the risk) and when to exit.
It is essential to understand and minimize the risk and monitor the market movement to the plan to determine the exit.
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