Capstone: Build Your Trading Plan

Assemble everything into a written, testable trading plan and journal.

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Forex Trading Full Course for Beginners

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1. 00:00Capstone: Build Your Trading Plan. Assemble everything into a written, testable trading plan and journal.
2. 00:06Your capstone is a written trading plan you could hand to another person and have them trade it identically.
3. 00:13Ambiguity is the enemy — every rule must be checkable.
4. 00:18Markets: which pairs and which sessions you trade.
5. 00:23Bias: how you decide direction (higher-timeframe structure).
6. 00:28Setup: the exact conditions required for entry.
7. 00:33Entry trigger: candle signal, retest or break confirmation.
8. 00:38Stop placement: structural level plus an ATR buffer.
9. 00:43Targets: fixed R multiple, partials and trailing rules.
10. 00:48Risk: percentage per trade, max open risk, daily loss limit.
11. 00:53Review: weekly journal review and monthly stats.
12. 00:58Then backtest at least 50 trades on historical data, forward-test on demo, and only then go live at minimum size.
13. 01:06Build a mini journal — edit the sample and run it in the browser.
14. 01:11Note: Nothing here is financial advice. Trading carries real risk of loss — practise on a demo account first and never risk money you cannot afford to lose.

Your capstone is a written trading plan you could hand to another person and have them trade it identically. Ambiguity is the enemy — every rule must be checkable.

• Markets: which pairs and which sessions you trade.
• Bias: how you decide direction (higher-timeframe structure).
• Setup: the exact conditions required for entry.
• Entry trigger: candle signal, retest or break confirmation.
• Stop placement: structural level plus an ATR buffer.
• Targets: fixed R multiple, partials and trailing rules.
• Risk: percentage per trade, max open risk, daily loss limit.
• Review: weekly journal review and monthly stats.

Then backtest at least 50 trades on historical data, forward-test on demo, and only then go live at minimum size.