Trading Plan
Trader/Account:
Effective date:
Review date:
1. Markets & Instruments
Markets/instruments I trade:
Timeframe(s) I trade:
Session hours I trade during:
2. My Edge
The setup(s) I trade:
Why this setup has an edge (what I'm exploiting):
Conditions where I do NOT take this setup:
3. Entry Rules
Trigger that confirms entry:
Confirmation I require before entering:
Minimum risk/reward I require:
4. Exit Rules
Stop-loss placement rule:
Profit target or trailing rule:
What makes me exit early (invalidation):
5. Risk Management
Max risk per trade (% or $):
Max daily loss (stops trading for the day):
Max open positions/correlated risk at once:
Position sizing method:
6. Review Cadence
How often I review this plan:
What has to happen for me to change a rule (not a single bad trade):
I do not change this plan mid-session based on how today is going
