Looking for feedback on a trading plan

[system]

I thought I would post my trading plan on here to see if those with more experience than myself see any holes with this plan.

Here’s a quick summary

• Trade on the Daily Charts
• Use Price Action
• Every trade includes a Trailing Stop, which is .3% from my Entry Order and the stop will adjust with profit 10 pips at a time. For example, if profit increases 10 pips my stop loss will automatically move 10 pips and it will continue to do this until the trade is stopped out.
• Each trade will risk 2% of Capital
• Use a Position Size Calculator for correct position sizing

Daily Price Action Plan.pdf (323 KB)

[TheLastBear]

I think the only feedback which really matters is the one from the market itself.

[PipMeHappy]

Also, if you receive training from ‘Maverick Trading’, why not get them to check your plan?

[himu]

just keep it as simple as possible bro.
good luk!

[greedtrader]

I thought I would post my trading plan on here to see if those with more experience than myself see any holes with this plan.

Here’s a quick summary

• Trade on the Daily Charts
• Use Price Action
• Every trade includes a Trailing Stop, which is .3% from my Entry Order and the stop will adjust with profit 10 pips at a time. For example, if profit increases 10 pips my stop loss will automatically move 10 pips and it will continue to do this until the trade is stopped out.
• Each trade will risk 2% of Capital
• Use a Position Size Calculator for correct position sizing

Very good trading plan
just an additional tip for you
Use the weekly time frame to confirm your decision…