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Building a Trading Plan and Journal

Write a one-page plan that decides market, session, setup, risk, exits and review in advance; define an edge with objective criteria; add execution rules; keep a journal that actually changes behaviour; and iterate the plan on evidence, not mood.

Module 1: Why a written plan

The difference between a plan and a wish, the six decisions a plan makes in advance, the one-page format, and three worked examples.

  1. A plan is not a wish8 min
  2. What a plan decides in advance9 min
  3. The one-page format8 min
  4. Three example plans11 min

Take the module quiz

Module 2: Defining your edge

A setup written in objective criteria, a market-conditions filter, explicit invalidation, and how many trades you need before you can trust any number.

  1. A setup with objective criteria9 min
  2. The market conditions filter8 min
  3. What invalidates the setup8 min
  4. Expectancy and sample size10 min

Take the module quiz

Module 3: Execution rules

Pre-market routine, order-entry checklist, scaling and stop management, and the circuit breakers that stop a bad day from becoming a bad month.

  1. The pre-market routine8 min
  2. The order entry checklist8 min
  3. Scaling and stop management10 min
  4. Circuit breakers: two losses and max trades9 min

Take the module quiz

Module 4: Journaling that changes behaviour

The fields that matter, screenshots, a weekly review template, monthly statistics, and using the journal template and the public journals forum.

  1. The fields that matter9 min
  2. Screenshots and the daily entry7 min
  3. The weekly review8 min
  4. Monthly stats and the public journal10 min

Take the module quiz

Module 5: Iterating the plan

When a rule may change, testing one variable at a time, plan versioning, the quarterly review, red flags that the edge is gone, and a plan evolving over three months.

  1. When to change a rule9 min
  2. Test one variable at a time9 min
  3. Versioning and the quarterly review9 min
  4. A plan evolving over three months12 min

Take the module quiz

Educational content, not financial advice.