Please answer these questions, you can post them to help other traders or answer them yourself privately to understand the dynamics of your system better over the long term
Perfromance Expectations
-% Win rate?
-Max Drawdown?
-Average Win?
-Average Loss?
-% Profit per month?
-How many trades per week/month?
Key Elements of Trading Plan
Entry - Breakouts? Retracements? - Single/Multiple?
Filters for entry?
Stop Loss - Single / Multiple - Fixed/Trailing?
Order- Market, Limit or Stop?
Profit Taking - Single/Multiple Exits?
Position sizing
Scale in with profits / losses?
Scale out with profits / losses?
Change lot size to keep same %R?
Vary according to confidence in trade?
Perfromance Expectations
-% Win rate?
-Max Drawdown?
-Average Win?
-Average Loss?
-% Profit per month?
-How many trades per week/month?
Key Elements of Trading Plan
Entry - Breakouts? Retracements? - Single/Multiple?
Filters for entry?
Stop Loss - Single / Multiple - Fixed/Trailing?
Order- Market, Limit or Stop?
Profit Taking - Single/Multiple Exits?
Position sizing
Scale in with profits / losses?
Scale out with profits / losses?
Change lot size to keep same %R?
Vary according to confidence in trade?
pessimism of the intellect and optimism of the will