Becky Hayman – Trading Plan
A Trading Plan is vital to give structure and consistency to any trading approach. No business would function properly without a proper business plan.
Many traders fail to have one or if they do, they tend to not to follow it or say things like it is “in their heads” and most struggle to make consistent profits as a consequence.
We believe that the more consistent you are with your action, the more consistent your results, therefore the aim of the course is to help you build your Trading Plan in a way that makes you more likely to stick to it.
A Plan that is based on your own trading profile and help you to choose the variables of your Plan that make the most sense to you, making it easier for you to follow your chosen rules.
You will also learn to log trades and to analyse and interpret your logs so that you can update your plan and gain efficiency and confidence in your approach as you accumulate trade results and experience, therefore leading to consistent results.
What You’ll Learn In Trading Plan
Module 1
- Introduction
- Disclaimers
- Instructor And Class Goals
- What A Trade Plan Is
- Plan, Trade, Log
- Types And Content Of Plans
Module 2
- Business Goals – Vision, Mission, Values
- Business Goals – Components Of Goals
- Business Goals – Realistic Goal Setting
- Business Goals – Template
- Business Psychology – Traits To Manage
- Business Psychology – Reference Guide
- Business Psychology – Routine
- Business Analysis And Interpretation – Capital
- Business Analysis And Interpretation – Time And Risk
- Business Analysis And Interpretation – Template
Module 3
- Trading – Choosing The Market
- Trading – Choosing The Market Reference Guide
- Trading – Choosing The Specific Asset
- Trading – Choosing The Time-Frame
- Trading – Summary And Template
- Trading – Routine
- Trade Plan – Structure Of Strategy
Module 4
- Trade Plan – Questions Your Plan Needs To Answer
- Trade Plan – Examples And Template
- Trade Plan – Trade Management
- Trade Plan – Trade Management Template
- Trade Plan – Logging
- Trade Plan – Logging Reference Data
- Trade Plan – Logging Tracking Variables
- Trade Plan – Creating Logging Spreadsheet
- Trade Plan – Updating Your Plan
- Condensed Trade Plan
Course Resources
- Trading Plan Course Slides (30 pages)
- Trade Plan Template
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