Trading Plan Template

Trading Plan Template 53 Replies.

I am looking to start trading this plan ,hopefully soon with a live account basically it works with a strategy that would gives you a consistant minimum win/loss ratio of 60/40 so out of 10 trades you win 6 and 4 lossers,trading plan is based on each trade ratio of 1:1 target for example on the winning trades we will try and profit over 1:1 or 1.5 win but on trading plan only. What is a trading plan? An important element in any successful business is a core plan or step by step series of actions that can be easily executed. Any comments or constructive criticism is welcomed.

1.1 A Trading Plan Is A Complete Set Of Rules That Covers Every Aspect Of Your Trading Life.

In a nutshell, you choose your currency pair, enter % risk and stop loss for the trade, and the spreadsheet calculates position size based upon your account value. Trading plan template last post ; Many experts refer to the need to have an ‘edge’ which will tip the balance of probabilities of success in. Page 1 2 3 ;

Money Management Template 8 Replies.

Losses shall be limited to 20% in one day, after which trading stops for that day, and a 30% loss for the week all trading would cease until the following week. Trading plan template last post ; My template is based on the template posted right here in the beginners forum stikied under the title trading plan template i am using v1.2 posted by isotonic. The attached zip file contains the spreadsheet and a (very) brief manual on its use.

Mostly Price Action Around Support & Resistance Levels, Bollinger Band Standard, A Couple Moving Averages, And Rsi Divergence On A Setting Of 6.

Aug 27, 2007 2:07am aug 27. I have created an excel based spreadsheet which i use to plan, execute, and track my forex trading. 1 page 2 3 ;