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TRADING PLAN

1. RULES
 TRADING IS NOT A GET RICH QUICK
SCHEME
 WHEN YOU FUND YOU INVESTING
 AS LONG MOMEY IS AT MT4/MT5 JUST
KNOW ITS NO LONGER YOURS
 IT ONLY BECOMES YOUR ONCE IS AT THE
BANK
 SET TIMES TO MANAGE YOUR TRADES IT
CAN BE DURING NY SESSION OR LONDON
SESSION.
2. ENTRIE EDGES
 ASCENDING CHANNEL
 DESCENDING CHANNEL
 BEARISH FLAG
 BULLISH FLAG
 RAISING WEDGE
 FALLING WEDGE
 EXPANDING CHANNEL
 CONTRACTION CHANNEL
 SUPPORT & RESISTANCE
3. PSYCHOLOGICAL DISCIPLINE
 AS LONG AS THE TRADE IS RUNNING IN
NAGATIVE IT’S A PENDING LOSS
 WHEN A POSITION IS IN PROFIT IT’S A PENDING
WIN
 ONCE A TRADE HITS AN S.L THAT’S WHEN IT’S A
LOSS
 ONCE A TRADE HIT A T.P IT’S A WIN
 ALWAYS REMEMBER YOUR SETUPS ARE THE
BEST.
4. TRADES MANAGEMENT
 $3000 – NO LOT SIZE MORE THAN 0.30
 DUPLICATE TRADE ATLEAST 5 TIMES/LESS
 70 PIP IN PROFIT SET S.L 15 PIP FROM ENTRY
(PUT S.L ABOVE OR BELOW ENTRY WIT 15 PIPS)
 WAIT UNTIL A TRADE HITS S.L IF YOU BILIEVE
IN YOUR ACCURECY
 MANUALY CLOSE A TRADE ONCE YOU START
DOUBTING IT.

5. TARGET/GOAL
 HAVE REALISTIC GOALS
 E.G $1000
 DAILY WE LOOKING FOR SOMETHING NOT
LESS THAN $100
 MONTHLY NOTHING LESS THAN $500
 BIG TARGETS DEMAND BIG FUNDS
 E.G CAR, HOUSES ETC.
 THE BIGGEST GOAL IS TO MASTER THE SKILL.

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