advanced · DAY 27

Write a trade plan: Prepare / Entry / No Entry

10 minutes

Video lesson in production

The player will open after the article and sources pass review.

LESSON NOTES

What this lesson covers

Define context, trigger, entry, stop, targets, and invalidation in advance.

01

Write entry, stop, target, and invalidation before price moves.

02

Separate backtests from forward tests.

03

Measure both outcomes and rule-following discipline.

Hands-on exercise

Apply the lesson in Market Watch; this is not a quiz.

Write a one-page plan before price reaches entry.

Review questions

Answer first, then open the explanation.

  1. 1Explain “Write a trade plan: Prepare / Entry / No Entry” in your own words.View answer
    Answer: A good answer should define the core idea, give one relevant example, and state at least one limitation.
  2. 2Give one chart or platform example where this lesson matters.View answer
    Answer: Use a concrete symbol, timeframe, or platform action and explain how it changes a trading decision.
  3. 3Name one condition where the idea should not be used by itself.View answer
    Answer: State one missing confirmation, data limitation, or risk condition that would require an additional check.
Complete the exercise and review the answers before marking this lesson complete.
Education only. Trading involves risk; use a demo account while learning.