How to Build your Trading Plan
ฝัง
- เผยแพร่เมื่อ 15 มิ.ย. 2024
- Download your Trading Plan Template and Tools:
▶︎ bit.ly/40zOnDo
In this trading tutorial, we are going to dive deep into how to create and write your trading plan. According to me, a trading plan consists of two main sections:
First is risk & money management plan, trading objectives, goals, habits and a long-term plan. That is the foundation of your trading business.
The second part is your strategy and edge. All the technical analysis tools, entry strategy, trade management, supply and demand zones, market structure - everything goes in there.
Once you powerfully combine those two parts, you have a very solid trading business that can generate you money consistently.
This is going to be a part of a trading video series consisting of four videos that are going to build your whole trading plan - risk management, supply and demand, market structure, liquidity and entry strategy. I will equip you with all the tools you need in order to make progress as a trader.
So, make sure to focus, take notes, watch this video a few times and stay tuned for the next ones!
Timestamps:
Intro 0:00
Video Series Agenda 1:26
Your Trading Problems 2:52
Do not watch this if 5:25
Trading Plan Tools 7:11
The Pillars of Trading 7:51
Why do you trade Forex? 10:41
Money Management Workshop 14:26
Your Money Plan and Roadmap 17:56
Importance of Risk Management 21:35
Risk management parameters 22:59
My risk management plan 26:16
Risk to Reward Ratio 30:43
Why is Win Rate important 32:05
My Trading Statistics 33:20
Trading Pairs and Timing 34:26
Forex trading windows 37.27
Trading Habits & Routine 38.22
Wrapping it up 41:12
If you need any help or you want me to create a specific video on a trading or investing topic, please make sure to leave a comment! I really hope you will enjoy the content and implement some of the trading tips I mention!
I wish you a fantastic trading week full of profits and high-quality trades! Stick to your trading plan and be disciplined!
Iliya Sivkov
Want to learn Market Structure? Enroll in my FREE Forex Course!
▶︎ www.tradingfanatic.com/course...
Want to become a better Trader, Investor and Wealth Creator? Click below and subscribe for FREE!
▶︎ bit.ly/3vnwN6P
If you want to learn my complete trading strategy, trade LIVE with me and the team, get 1-1 mentoring and join the Fanatic community with tons of perks, follow the link below!
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Join my Telegram channel for Updates and further Analysis:
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-----
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DISCLAIMER:
This video expresses my personal opinion only. Trading the financial markets involves risk and is not suitable for all investors. Before deciding to invest in foreign exchange or another financial market, you should carefully consider your investment objectives, level of experience and risk appetite. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action, and any trades you decide to place are your own.
#forex #forextrading #tradingplan #forexstrategy
I hope you will enjoy this one, Fanatics!
Make sure to download your tools here: bit.ly/40zOnDo
And give me some feedback. Did you learn something from this video? Did you put together your plan? What are your priorities going forward?
I hope you loved it and see you in the next video of the series.
Hello Iliya, I am not able to open the page you provided to my email, I have already resent it several times and it always says the same thing, "can't open page" is there another way to provide the link? Thank you for everything you make available for free here on TH-cam.
@@susymelim8853 Hi Susy! Which page doesn't open exactly? Once you enter your name and email from the link above, you should then confirm it and it will automatically arrive in your inbox... Send me an email at support@tradingfanatic.com so we can figure it out.
please i need the tools
tradingfanatic.ck.page/tradingplan-download
You can download from this link, Umar.
When is the second part being released?
Even though I've seen this video countless times, i still come here to listen to your words again. It refreshes my mind and keeps me in check
So why do I watch your videos? Cause my knowledge is chaos. information overload for me. Even if i am being profitable i dont know how i will manage all the stress in the future. On a bad days i feel like i know less then before. Sometimes i just look at the charts and i dont see anything. I do this for my family. I dont care about millions of dollars and luxury lifestyle. And i admit i dont have a trading plan. I think its time to get the trading on a higher level. Your videos just connect all the dots in my knowledge i have until now.
Thanks for the amazing comment and reflection, Dejan. We've all had profitable periods, before big blowouts. So watch out. If you don't have a plan, feeling emotional and having that chaotic feeling - you might get into a bad period with this mindset and situation. Build your foundation first, before jumping into full-time trading.
Hi Iliya, I was blow away of how simple and staright-forward this trading video. You gave us a clear pathway to learn and master trading which we never find in any other so called trading guros out there. I love your videos. I'm becoming your Fanatic now.
This video is everything a beginner trader needs. Thanks a million for providing this
Absolutely love Notion, thanks so much for the recommendation. Everything is so much more organised now.
Amazing! Now it's all about filling it up with data!
Wow!!! This is officially the best trading plan video I’ve watched so far! Nobody has provided so many insights. I learned things I never knew were so important. Looking forward for the next video!😊
Truly happy to hear this, Militsa! Thank you for the kind words. Stay tuned for the next one ;)
Thanks iliya for this great video, learnt alot from this video, having a trading plan is very important, it really helps alot. I have a trading plan but not as insightful as this video. I will take this video step by step and take notes and add everything I wasn't having in my trading plan. Knowing you is and will forever be a blessing. Love you for all the knowledge.
Just LOVE your videos and how you explain all the content! This is by far the best video! I can not wait for the next video.
Thank you so much for the love, Charne! Glad you loved it! The new video is out, so make sure to leave me some feedback there as well. Hope you'll love it even more!
Your video is a comprehensible and straight to the point ......kudos
This was very well covered. thank you so much!
Hi Iliya, I just wanted to stop by and thank you for the time and effort you put into your content. I'm busy with this video at the moment, and it's the first time after months of seeking that I've found a youtuber who gives clear, systematic, actionable advice on trading. Most channels are either clickbait trading gurus who don't even trade successfully but promise a get rich quick scheme. I've never seen trading that way. I want to learn how to do it properly. I know it's going to take a lot of time, effort, and patience, but I'm willing to learn, and fail, and keep trying. Your videos are giving me that solid foundation I desperately need. Thank you and keep the content coming. I hope to check out your course as soon as I feel I have a firm footing on the basics.
You are easily in my top 5 online trading resources. Thanks for your videos!
Great value in this video. Thanks Iliya!!
I've just started watching this video and already I'm amazed at how much you're teaching me! Fantastic! ♥
Keep learning, Elahn! A lot more to discover on the channel!
Thank you so much for your free content! I wish I could join your community.
You keep it simple and straight to the point, as it should be.
You are an example for the whole trading community!
This video is just what i need right now. Thank you
Thank you friend, I need this video series thank a lot !!!!
Thank you so much Mr Sivkov. This video made me understand how important it is to adopt positive habits so that you can improve in your trading, I love it a lot and again thank you so much for the series.
Super glad to hear this change in mindset! Let's goooo!
I like your raw teaching style
Most productive 42 minutes of today thanks!
Excellent presentation of a solid trading plan !! Thanks Illya
amazing..everything I need is in the series you made. thank you very much, may god bless you..
Absolutely!! Wait for all the series and you have a blueprint for success!
bro I'm just in love. Had to search for a long time for good explanations by a serious content creator. I'm looking forward to watch all your videos!❤
i just completed watching this videos.... a very helpful information in it,this feels expensive to get. thank you.
Traders are really sleeping on you. You deserve more credit and recognition. But then again, thank you so much man and can't wait for more videos. Keep in your lane and more blessing brother
Thank you for the kind words as always, Phila! Lots of traders tend to watch the lifestyle pages that show-off profits and stuff. Here we stay in the lane of real education. Let's gooooo!
You deliver quality content Iliya. I am a new trader who started actively watching your videos last week, giving specific attention to understanding market structure. Today I traded a demo account and got profits in two trades in took this morning. Keep on being awesome
Amazing to hear this, Dexter! As a beginner trader, those things are really essential. Keep watching the educational playlist and take lots of notes. Enroll in my free market structure course on my website. And then tune into the weekly outlook and setups every Saturday. That's your formula for building a really strong foundation. Let's goooooo!
Excelente aula, muito obrigado!!
Excellent. Love all the specific details. Thanks!!
Really happy to hear! Hopefully you put together your trading plan.
Fantastic content. Thank you for your sharing this.
I have watched all the Educational Videos as well as the videos on the Fanatic site... and I can tell that this new series of videos will be great and more comprehensive.
Thank you for all the time you give us
You have a good feeling about it, Majid! I'm gonna share some info I've never shared, so you better sharpen your pencil and get a fat notebook :D
That was amazing, so detailed and informative. Will watch it again with a notebook. Thanks for the tools.
Definitely! And make sure to fill out your trading plan.
OMG man!!! You are the best in bussines!!
Thank you mr sivkov for sharing this tutorial for free. It is the best video i have ever seen so far. When i start trading i feel like i miss sthg and you showed me that thank you for that keep it up.
Thanks a lot for your feedback! Keep working hard!
This helps a lot...I can't be more grateful ❤
Super happy to hear!
Great Video Iliya! I'm happy that i finally found some true, precise and very informative content.
I did start my journey in forex a few years back but now i've moved to crypto, however, the information on the video is transversal to all markets and a great plus for all who love trading.
Good job Iliya!
Thanks mr iliya
i really appriciate for your detailed and defined step by step explanation for a broad concept of trading
Long awaited. Thank you so much
Always welcome, Wisdom!
Thank you Iliya. Thank you for giving so much for free. I have watched the 3 videos in the series so far and I can say I'm finding answers to questions I have had for a long time.
Also,Thank you for the Notion JOURNAL template. In the past I get tired of journaling because my approach was no systematic. BUT now it is as I started using the template, but tweaking a lot of things there to suit my personality
I still have a lot of questions,but I will keep them till the end of the series..hopefully the series will Answer them
Thanks alot sir your lessons are the reasons for my break through in financial market profitability
Excellent video, every aspiring trader should watch it.
Agreed! Thank you, Aneek!
It looks like this is gonna be a wonder series! So far so great!
It definitely will be! Keep me updated as you go along the videos.
thank you for this!
Amazing ! Absolutely amazing
Thank you, Iliya!! 💥❤
thannk you so much for your time sir... God bless
Your a gem of a person for this type of education
Thank you so much for the feedback brother! Happy you loved it!
Great video Iliya, thank you!
Thank you brother Rick! Glad you loved it. Haven't heard from you in a while. Ping me in Discord!
Listen…
Your videos re dope. Best content. I salute the divinity in you.
Thank you sooooo much! You filled my heart!
Thank you sir
Always welcome, Asa! Hope you will extract a lot from the tutorial.
Outstanding video! Well done, sir.
In a web full off bullsh!t, this is A-class content. Thank you for sharing this valuable content and your time! After three years of trading I have finally made my first trading plan. It took me a full day, but that was worth it. Thanks (again).
Incredible!! So glat to hear that you enjoyed the content and most importantly took action to build your trading plan. It's one of the best things you can do. Make sure to dig deeper into your "why", as that's the only thing that will keep you pushing in tough moments and you are gonna have a lot of those.
Thanks and be blessed
Thank you so much for making my trading life to be easier 👍
Awesome vid Iliya.
Great content as always.Eagerly waiting for upcoming parts..
Thank you! Yes, they are coming ASAP! Stay tuned...
Another masterpiece
Thank you for this video
Yep and happy Friday
Great video!
Thank you, Jonathan! Glad you loved it! Hope the tools will be useful as well.
This video is really helpful for my trading plan... thank you so much for giving out your time to bless us with this great tutorial. I can't wait for the upcoming next video.. I got to make it quick 😆
Glad it was helpful. Jonathan. Good luck filling in your plan! What's the best thing you learned from this video?
Amazing content love it
thanks for the value !
You are very welcome!
Thank you
Thank you!
My trading needs more improvements and thank you for this awesome video ❤❤
Well, you are in the right place to get the tools for your improvement. Keep going!
Thank you very much...🙏🙏🙏
Thank you very much. Your videos made me a better trader 👍
That's all I need to hear, Friday! Keep pushing. You can always be a better trader than you were yesterday ;)
Amazing work
Wow, Thank you ever so much
thank you so much
Your a legend !
@TradingFanatic (Iliya), I would just like to say this.. the 7 points you mentioned in "Your Problems" showed me that you are as genuine a person as they come. The last 4 - 6 months of my life have ticked off each item in that list and I am really happy that I found your videos/playlist. I will not stop before building a systematic and disciplined trading plan.
I am super glad to hear! I've been where you are right now and my passion is to help you avoid all the pain or at least - get more educated on what is to come on your journe. Keep it up!
Another amazing video, epeciate all you do, thank you.
Glad to hear, Jason! Happy you loved this one!
Thanks for sharing
Truly Appreciate this 🙏🏾
Will Watch this 3 times 🤞🏾
Always my brother Kwesi! Watch as many times as needed and make sure to fill in your plan!
Superb! I have talked to few folks about trading plan but bro, not as deep and detail as this. I was just joting and writing endlessly. Thanks alots
That's the key bro! Take notes, build your plan and you have your foundation. Trading is not only about strategy. One has to think about long-term goals, aims, objectives, what he wants and make a detailed plan for it. That sets the foundation, but nobody teaches that...
very detailed
and easy to understand. illiya you remained my best forex you tuber
Glad to hear this, Abasifreke! Keep putting in the work! Let me know how your trading plan is coming together.
Excellent videos thanks, watched all 3 new videos and love the concise info contained it aligns with many of my ideas so I can finally recommend some decent videos to traders I help. NO Waffle that's fabulous 🧐😁 thanks keep them coming.
AMAZING to hear!! Glad that you loved all the vids and that they are worthy sharing to your trading buddies and mentees. Thank you for that. Stay tuned for more!
I wish i had watched this video before starting my trading career, anyhow it's still not so late
Thanks for providing us great content😍
Better late then never brother. Time to work hard.
Great video sir
Thank you ❤❤❤❤❤❤❤❤❤❤❤❤
Great content with lot of values
like always thank you so much my dear friend
You are always welcome, Simon!
New subs here. Thanks for the notion template.
Great content
Thank You Sir For The Video 🍍🍍
Always very good as usual
Thanks a lot, Imad! Glad to hear you loved it!
Great video 👌
Hello I've a month since crossing your Channel in You Tube you gived me a light my eyes are open now keep it up bro❤
Thanks a lot brother! Keep working hard as well!
Great video
What an incredible vid
Thanks for your quality lecture, want to be your apprentice
Heyy Iliya, it's very unfortunate that even the most experienced traders still don't have a profound risk management plan.
Even myself at times i forget that risk management is the key in this business and the reason i lose myself at times is that, i have this lack of patience from time to time.
I am also indulging the course :) thanks again Iliya for always giving us insightful information regarding this business 🙏🙏
Very true, Paul. So, let's make sure to put that in place. With you being in the Fanatics right now, you are definitely in the right way with no excuse not to suceed. So, let's get to work!
Awesome video learn and earn🎉
This is amazing free education even for stock trading which I do, would love to get into forex though since it would work better with my 9-5 job. I paid good money for some of this same information. Thank you for your service!
Your insights are greatly appreciated. Thank you for sharing this information. This is a realistic road map to success. So grateful for your mentorship and the template. 1
Thank you for the feedback, James! Super happy you are loving the roadmap and templates. Now it's time to put in the work.
Your words of encouragement are greatly appreciated. Thanks
Really nice thanks man
Always welcome, Mars!
7:00 So far, I'm hyped up because everything you listed is everything I'm not. So thank you for giving me my Confirmation, that I'm on the right way
As i Started watching this video, I feel exactly you are talking about me :)
Hehehe, glad you resonate with it! What did u learn from the video?
i actually let every ad played out hope you get some compensation because is like a god send u i was looking for flow with the market Tuesday video didnt saw it then i was just left confused and now im home from work i wet on the charts then came here and its was like its me your talking to directly i dont know i really appricate everything you have taught me thank you sensei😂
Thank you so much for the kind words my friend! Truly means a lot!!! Ads I don't know how they really work I allow TH-cam to do the work. What really matters is that YOU get value. That's all I need to know. Keep it up!