Scribd
Upload
879 views8 pages

Forex Business Plan.01

This document outlines a trading business plan, including goals, a milestone timeline, SWOT analysis, a declaration of trading rules, factors to consider like financial allocation and education, a trading plan template, and a backtesting procedure section. The overall purpose is to establish a structured approach and rules for a forex trading business.

Uploaded by

Kelvin Tafara Sambo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
879 views8 pages

Forex Business Plan.01

This document outlines a trading business plan, including goals, a milestone timeline, SWOT analysis, a declaration of trading rules, factors to consider like financial allocation and education, a trading plan template, and a backtesting procedure section. The overall purpose is to establish a structured approach and rules for a forex trading business.

Uploaded by

Kelvin Tafara Sambo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 8

My Trading Business Plan

Proper Preparation Prevents Poor Performance


MY TRADING GOALS & OBJECTIVES

MILESTONE TIMELINE
DATE GOAL

Click here to start your free trial with ForexSignals.com!


Start your free trial with ForexSignals.com today!
The information provided within this PDF is for educational purposes only.
SWOT ANALYSIS

My Strengths

My Weaknesses

My Opportunities

My Threats

DECLARATION
1. I will NEVER trade more than my predetermined % risk on each trade.

2. I will ALWAYS use a stop loss.

3. I will NEVER move a stop loss in fear of it being hit.

4. I will STOP trading if the account goes to X% equity drawdown.

5. I will NOT copy a trade signal because it looks good.

6. I will NOT take a trade outside of my trading strategy rules.

SIGNATURE: .....................................

DATE: .....................................

Click here to start your free trial with ForexSignals.com!

The information provided within this PDF is for educational purposes only.
SOME FACTORS TO CONSIDER
1. WHAT IS MY FINANCIAL ALLOCATION?

2. HOW WILL I EDUCATE MYSELF?

3. HOW MUCH WILL I SPEND ON EQUIPMENT?

4. HOW MUCH WILL I SPEND ON SOFTWARE?

5. HOW MUCH WILL I KEEP IN RESERVE FOR NEW EQUIPMENT & SOFTWARE?

6. HOW WILL I MONITOR MY BUSINESS PERFORMANCE?

7. WHAT IS MY MONTHLY TARGET?

Click here to start your free trial with ForexSignals.com!

The information provided within this PDF is for educational purposes only.
8. HOW MUCH AND WHEN WILL I ALLOW WITHDRAWALS?

9. WHEN WILL I TOP UP THE ACCOUNT?

10. WHEN WILL I SHIFT ASSET ALLOCATION BETWEEN ACCOUNTS?

11. DAILY ROUTINE (WORKING HOURS, PRE-MARKET & POST-MARKET)

12.

13.

14.

Click here to start your free trial with ForexSignals.com!

The information provided within this PDF is for educational purposes only.
TRADING PLAN
WHAT IS THE STRATEGY ’S NAME?

WHAT CURRENCY PAIRS WILL I FOCUS ON?

WHAT TIME PERIODS WILL I TRADE?

WHAT TECHNICAL INDICATORS WILL I USE?

WHAT PRICE ACTION PATTERNS WILL I USE?

Click here to start your free trial with ForexSignals.com!

The information provided within this PDF is for educational purposes only.
WHAT ARE MY STRATEGY’S RULES?
ENTRY CRITERIA

EXIT CRITERIA

MAXIMUM % RISK PER TRADE

MAXIMUM COMBINED % RISK AT ANY TIME

MINIMUM RISK-TO-REWARD RATIO

WEEKEND POLICY

Click here to start your free trial with ForexSignals.com!

The information provided within this PDF is for educational purposes only.
BACKTESTING PROCEDURE

WHAT SOFTWARE WILL YOU USE?

TIME ALLOCATION?

WHEN WILL I GO LIVE WITH MY STRATEGY?

Click here to start your free trial with ForexSignals.com!

The information provided within this PDF is for educational purposes only.

You might also like