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Basics
5 Tips For Your Ultimate Trading Plan
Key Takeaways
- 1Define setup, trigger, invalidation, and target before entry.
- 2Risk โค 1%โ2% per trade; position size from stop distance.
- 3Use OCO orders; no manual exits unless plan says so.
- 4Journal every trade: hypothesis, execution, outcome, lesson.
- 5Weekly review: win rate, R-multiple, errors โ one fix to implement.
Summary
โA simple, written plan you can execute repeatedly beats complex improvisation. Limit risk, preโcommit your exits, and review weekly.โ
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