90% of beginners lose money because they trade randomly.
This plan gives you structure, discipline, and a real edge.
Letโs go step-by-step ๐
โธป
๐น Step 1: Choose Your Trading Style
Pick one that fits your time and lifestyle:
1. Scalping โ trades last minutes
2. Day Trading โ in and out same day
3. Swing Trading โ trades last days to weeks
4. Position Trading โ long-term
๐ Example:
โI work full time โ Iโll swing trade BTC & ETH using the 4H chart.โ
โ
๐น Step 2: Pick Your Tools & Timeframes
โ Example Toolkit:
โข Market Structure (HH/HL = bullish, LH/LL = bearish)
โข Support/Resistance
โข EMA 50 & 200
โข RSI (14) for momentum
โข Volume
๐ Timeframes:
โข Use 4H for setup
โข Use 1H or 15min for entry confirmation
โ
๐น Step 3: Define Entry Rules
Decide exactly what must happen before you enter a trade.
๐ Example Long Entry:
1. Price is above EMA 200
2. RSI pulls back near 30
3. Price touches support
4. Bullish candle forms (engulfing or pin bar)
โ Place limit buy order with tight stop
๐ Example Short Entry:
1. Price under EMA 200
2. RSI above 70
3. Price hits resistance
4. Bearish rejection candle forms
โ Enter short with SL above resistance
โ
๐น Step 4: Define Stop Loss & Take Profit
โ๏ธ Always use a stop loss โ based on market structure
โ๏ธ Set Risk-to-Reward Ratio: Minimum 1:2
๐ Example:
โข Entry: $60,000
โข SL: $59,500 (risk = $500)
โข TP: $61,000 (reward = $1,000)
โ 1:2 R:R โ โ Valid trade
โ
๐น Step 5: Decide Your Risk Per Trade
Stick to 1โ2% of your capital per trade
๐ If account = $500
โ 2% = $10
โ Never lose more than $10 per trade
Use a position size calculator or manual formula:
Position Size = $ Risk รท (Entry โ Stop Loss)
๐น Step 6: Set Daily or Weekly Goals
๐ฏ Your goal isnโt to win every trade.
Your goal is to follow your plan without emotion.
๐ Example:
โข Max 3 trades per day
โข Stop trading after 2 wins or 2 losses
โข Journal every trade with screenshot & notes
โ
๐ง Step 7: Review Weekly & Adjust
Every weekend:
1. Review all trades
2. Check:
โข Did I follow my plan?
โข What worked?
โข What didnโt?
3. Tweak if needed โ never change midweek.
โ
โ Beginner Trading Plan Summary:
โ๏ธ Choose a style (scalp, swing, etc.)
โ๏ธ Use 2โ3 simple tools (structure, RSI, EMA)
โ๏ธ Write down entry & exit rules
โ๏ธ Use 1โ2% risk per trade
โ๏ธ Always use SL & TP
โ๏ธ Review and improve weekly
โ
You donโt need to be perfect. You just need to be consistent.
Plans remove emotions โ and emotions kill accounts.
Start applying this today โ even in demo mode on Binance.
It will build habits that protect your capital and grow your skill ๐
