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Trading knowledge › Beginners Trading Course › 7/10 · 1 min read

Plan and journal

Key idea: write the plan first, keep a journal after — then practise on a paper account.

A one-page plan

  • Markets, timeframes.
  • When to enter · when you are wrong · when to take profit.
  • Risk per trade, max loss per day.
  • When NOT to trade.

Practise first

The paper account in Trade management: real prices, virtual money, statistics in R.

Is a trade that followed the plan and still lost a mistake?

No — the mistake is breaking the plan.

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Educational content, not investment advice. Leveraged trading can lose more than your initial capital. Examples are built on real PricePlaybook historical candles and scored by rules written in advance — past results do not guarantee future results.