New quarter, new page. Here is the only trading plan format I have ever managed to stick with.
One page. Four lines.
1. What I trade: two or three markets I actually understand, not twenty.
2. Max risk per trade: 1% of the account. Not per day, per trade.
3. When I do not trade: big news hours, after two losses in a row, after midnight.
4. Weekly review: every Sunday, 30 minutes, journal open.
Everything else is noise. Indicators, alpha groups, signals, they all sit under these four lines.
Most accounts blow up not because the strategy was bad, but because line 2 and line 3 were ignored on one bad day.
Write yours in the comments. Four lines, that is it.
#TradingPlan #RiskManagement #Q4 $BTC $ETH
One page. Four lines.
1. What I trade: two or three markets I actually understand, not twenty.
2. Max risk per trade: 1% of the account. Not per day, per trade.
3. When I do not trade: big news hours, after two losses in a row, after midnight.
4. Weekly review: every Sunday, 30 minutes, journal open.
Everything else is noise. Indicators, alpha groups, signals, they all sit under these four lines.
Most accounts blow up not because the strategy was bad, but because line 2 and line 3 were ignored on one bad day.
Write yours in the comments. Four lines, that is it.
#TradingPlan #RiskManagement #Q4 $BTC $ETH