Looking for feedback on a trading plan

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)

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

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

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

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