HOW TO BUILD A SIMPLE YET POWERFUL TRADING PLAN
You don’t need a dozen indicators or a complicated spreadsheet to succeed in trading. What you need is structure, discipline, and a plan that actually works. Here’s the 5-step trading plan I use and teach:
📝 1. Choose Your Market & Session
Know what you're trading and when you're trading. Are you more confident in high-volatility sessions or slower ones? Stick to specific pairs and one or two sessions — for me, the New York session is my favorite for fast-paced moves.
🎯 2. Set Clear Entry Criteria
Never enter a trade just because it "feels right." Ask yourself:
• Is there a break of structure or CHoCH?
• Is price retesting a clean supply/demand zone?
• Is volume confirming the move?
Your strategy needs logic — not vibes.
💥 3. Risk Management Is Non-Negotiable
Before thinking about profit, protect your capital.
• Risk only 1–2% per trade (5% max if extremely confident)
• Minimum risk-to-reward: 1:2
• A stop loss is not a failure. It’s part of the plan.
⏳ 4. Use Multi-Timeframe Analysis
Get your directional bias from higher timeframes (like 4H or 1H), and execute on lower timeframes (like 5M or 15M).
No more confusion from conflicting signals across charts — stay consistent.
🧠 5. Journal Every Trade
Win or lose, write it down.
• What was your reasoning?
• What could you have done better?
This is how you evolve as a trader — not by chasing signals, but by learning from your own trades.
This plan won’t make you rich overnight. But it’ll keep you from overtrading, second-guessing, and blowing up your account.
A winning trade starts with a winning plan.
No plan = no edge.
— Amanda Knoxx 🖤