Lesson 3 of 4

Building a Trading Plan

A trading plan is your personal rulebook. It removes guesswork and emotion from the heat of the moment.

What to include

  • What you trade (which pairs) and when (which sessions).
  • Entry rules — the exact conditions that trigger a trade.
  • Exit rules — your stop-loss and take-profit logic.
  • Risk per trade and maximum daily loss.

Write it down, follow it, and keep a trading journal to review what's working.