Your First Trading Plan (Simple, Clear, Real)
If thereโs one thing that separates random traders from consistent traders, itโs this:
๐ A plan.
Not luck.
Not indicators.
Not signals.
Today, Iโll show you a very simple trading plan โ no complexity, no confusion.
๐ง Why You Need a Trading Plan
Without a plan:
You trade emotionsYou chase priceYou break rules
With a plan:
You stay calmYou know what to do before price movesYou stop guessing
๐ Every trade should be decided before you click buy or sell.
๐ The 4 Parts of a Beginner Trading Plan
You only need four things.
1๏ธโฃ Entry (Why You Enter)
This answers:
โWhy am I taking this trade?โ
Example:
Price is in an uptrendAt supportAbove 50 & 200 MA
๐ If you canโt explain your entry in one sentence โ donโt take the trade.
2๏ธโฃ Stop-Loss (Where Youโre Wrong)
This answers:
โWhere am I wrong if price goes against me?โStop-loss is protection, not punishmentIt limits damage
๐ Small losses keep you in the game.
3๏ธโฃ Take-Profit (Where You Exit)
This answers:
โWhere do I take profit if Iโm right?โ
Based on resistanceNot on hope
๐ Taking profit is also a skill.
4๏ธโฃ Position Size (How Much You Risk)
This answers:
โHow much can I lose on this trade?โ
Beginner rule:
Risk only 1โ3% per trade
๐ Big size = big emotions.
๐งฉ Simple Trading Plan Example
Entry: Uptrend + supportStop-loss: Below supportTake-profit: Next resistanceRisk: 1% of account
Thatโs it.
Simple beats complicated.
๐ The Real Takeaway
A trading plan:
Removes emotionsCreates disciplineProtects your future
๐ No plan = gambling
๐ Plan = trading
๐ Friendly Reminder
Youโre not here to trade fast.
Youโre here to trade smart.
One good trade plan is better than ten random trades.
#tradingplan #plan