What % of time will a solid trade plan be successful?

You can make money trading whatever style you want

But, in order to make money, you’ll need to have a deep understanding of:

Your position size (using a stop loss in order to decide how many lots to trade)
Your management (how and when you shall trail your stop or take profit)
Your trading plan (be able to answer (with data) any question you may come up with - why do you take this set-up? What’s the strike rate? What’s the expected return? etc)

Make sure you backtest your strategy over SEVERAL YEARS

Why several years? The market changes, there are corrective years and impulsive years, so many sure you backtest both (as well as 2007-2008 etc)

Onwards :slight_smile: