Building a Trading Plan

Learn Building a Trading Plan — part of our Trading Discipline series on Trading Bite. Free trading education for Pakistan, India & Gulf traders. Educational use only; not financial advice.

· 3 min read

Write your rules before the market opens

A trading plan is a written document covering:

  • Markets you trade (e.g. XAU/USD, BTC/USDT).
  • Timeframes for bias and entry.
  • Setups you will and will not take.
  • Risk per trade and max daily loss.
  • Session times you will be active.
  • Review schedule (weekly journal review).
☑ Markets ☑ Risk ☑ Setups☑ Sessions ☑ Max loss ☑ ReviewPrint or pin — follow when emotions run high

If a trade does not meet every checklist item, it is not your trade — it is impulse.