Your trading plan
Write it down
A strategy only helps when it is written down: market and timeframe, the setup you trade, the exact entry trigger, where the stop goes, where you take profit, how much you risk, and when you do not trade. Test it on past charts (backtesting) and on a demo account before risking real money.
Test yourself
Which belongs in a trading plan?
Entry rules, stop placement, targets and risk per tradeA plan turns decisions into rules you can test.
What is backtesting?
Testing your rules on past chart data to see how they would have doneIt shows whether your rules have an edge before you risk money.
Before trading real money you should…
Practice the plan on a demo account and review the resultsDemo results and a journal reveal problems cheaply.
Short interactive lessons and quizzes on real crypto and forex charts. Free to start, no real money involved.
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Candlr is educational. Nothing here is financial advice, and trading involves a high risk of loss.