MY TRADING BUSINESS PLAN

My trading goals and objective

My goal is to generate passive income through trading forex, commodity, and energy sector.

The objective of this business plan is to have a system which gives me an edge over the market to
generate more profitable trades.

This business plan will be going to evaluate and monitor the trading strategies throughout the week.

The vision is to truly achieve a second income stream though trading instruments

SWOT ANALYSIS
Disciplined, Realistic, Patient, Adaptable, Analytical,
My Strengths Levelheaded and Computer Literate

Weaknesses Easily distracted, Paralysis from analysis

Forex accessibility, leverage, CFDs, IT Equipment’s, Demo

Opportunities
Account

Threats Brokers, IT Failure, Internet, Weekend Prices

Some Factors to Consider

How will I educate myself?
Have broader youtuber channel subscriptions in place to educate daily for two or three hours.

The YouTube channel includes The Trading channel, Humble Trader, Moving Average and Secret
mindset.

Having Trading View Platform subscription for analytics and charting.

How much to spend on equipment’s?

Have two laptops and three mobile phones in place with unlimited internet connection.

What platform do I use to trade?

Having brokers platforms, Meta Trader 5 or Trading View Platforms.
How will I monitor my business performance?
Have proper evaluation of the trading activities including testing strategies over the time, Business
financials and objective analysis at the end of each month.

DAILY ROUTINE
(WORKING HOURS, PRE-MARKET & POST-MARKET)?
1. Get up early – around 7AM. Breathe deep and enjoy all the good things in life!
2. Meditate and get concentrated. If I don’t feel well – don’t trade!
3. Read my ‘’Before trading checklist’’ and make sure I know every single point of it!
4. Check out News Calendar and mark if there are any red news.
5. Start analyzing. Delete every analyzed pair and do it again so that a story will be
built. Be very focused and adhere to all the criteria!
6. Select only 1 to 3 setups, which I completely understand! Write down how I
would like to trade them and note every move from then on. Forecast the move
and what I want to see. If it develops – perfect, if not – let go!

TRADING STRATEGIES
SUPPORT AND RESISTANCE
1. In trending markets, new S&R are formed at Swing points (Lower Low or Higher
High).
2. It must have at least 2 bounces, which have space on the left. (Most often for
channels).
3. They are price zones! Draw them with rectangles, from the lowest to the highest
point + wicks.
4. For Supply and Demand zones, pay more attention to the way the price leaves
the zone, if the market leaves the area quickly, this is an indication that banks
and institutions are there.
5. Use Fibonacci levels for potential S&R.
6. Draw Trendlines, mark the S&R levels and expect the impulsive wave.
7. Always do Top-Down analysis. Start from Weekly => 4H Timeframe, but the
significance is decreasing!
MONEY MANAGEMENT
So, there is no need to rush things. I need 2 trades that hit TP! If I achieve the target –
look to step away and minimize risk. If opportunity arises – act on it, but lower the risk.
If my first target is to achieve 6 figures:
 10% per week with 5k = 2000 $ per month = 24 000 $ per year = 3 years.
 10% per week with 10k = 4000 $ per month = 48 000 $ per year = 2 years.
 Things will not always work like this, but always remember the plan! There will be
losing weeks, months and even years!
Always think long-term. Trade like I trade with 1 million! Be a professional, not a
gambler!
It’s not about how much you make, but how much you lose!

PSYCHOLOGY NOTES
I AM A CONSISTENT WINNER BECAUSE:
1. I objectively identify my edges. - The way to be objective is to operate out of beliefs
that keep your expectations neutral and to always take the unknown forces into
consideration.
2. I predefine the risk of every trade.
3. I completely accept risk, or I am willing to let go of the trade.
4. I act on my edges without reservation or hesitation.
5. I pay myself as the market makes money available to me.
6. I continually monitor my susceptibility for making errors.
7. I understand the absolute necessity of these principles of consistent success and,
therefore, I never violate them.
PSYCHOLOGICAL RULES
1. Anything can happen.
2. You don't need to know what is going to happen next to make money.
3. There is a random distribution between wins and losses for any given set of variables
that define an edge.
4. An edge is nothing more than an indication of a higher probability of one thing
happening over another. Always put the odds in my favor before entering a trade!
5. Every moment in the market is unique