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Lesson 12 of 14 · Free

Writing your trading plan

A one-page document that defines your markets, setups, risk and routines.

Author: Moustafa HijaziContent reviewed: 2026-10-301 min readSelf-study course

A trading plan is a written contract with yourself. If it isn't written, it isn't a plan — it's a mood.

Template (fill in each line)

  1. Markets & instruments: e.g. “EUR/USD, GBP/USD, S&P 500 only.”
  2. Timeframes: “Daily for trend, 4H for entries.”
  3. Setups I trade: “Trend pullback (Lesson 8), breakout retest (Lesson 9). Nothing else.”
  4. Risk per trade: “1%. Max 3 open trades. Max daily loss 3%, weekly 6%.”
  5. Entry rules / exit rules: copy them from the strategy lessons, word for word.
  6. Trading hours: “Weekday evenings 19:00–21:00 only.”
  7. Routine: pre-market checklist, post-trade journal, Sunday review.
  8. Rules for rule breaks: “Break a rule → no trading for the rest of the day.”
Keep it shortOne page. Print it. Put it next to your screen. Re-read before every session.

Self-check

Answer the questions, then check your answers. You can retry as often as you like.

1. Your account is €5,000. Your plan says: max daily loss 3%, weekly 6%. What are these limits in euros?

2. What does the lesson mean by 'If it isn't written, it isn't a plan — it's a mood'?

3. Your plan says 'Break a rule → no trading for the rest of the day.' You break a rule at 19:30. What should you do?

Automatic self-check for your own revision. Your answers are checked in your browser and are not seen or assessed by us. It is not an exam and not a qualification.

Your progress

“Complete” only means you marked the lesson as done. It is not a test of your understanding. Progress and notes are saved only in this browser on this device — not in an account.