My Trading Plan
1. Trading Goals
Monthly Profit Target: e.g., 5% return on capital.
Daily/Weekly Loss Limit: e.g., Stop trading after a 2% loss in a day.
Long-Term Goal: Build consistent returns and compound capital.
2. Trading Style
Type: (Choose one or more)
Intraday / Swing / Position / Scalping / Options / Crypto / Forex
Timeframe:
e.g., 5-min, 15-min, 1-hour, Daily
Market: Stocks / Indices / Crypto / Commodities / Forex
3. Strategy
Setup: e.g., Breakout, Reversal, Trend-following, News-based
Indicators (if any): e.g., RSI, MACD, Moving Averages
Entry Rules: Clearly defined signals to enter a trade
Exit Rules: Target profit OR stop loss OR indicator-based exit
Risk-Reward Ratio: Minimum 1:2 or as per system
4. Risk Management
Risk per Trade: e.g., 1-2% of total capital
Position Sizing: