Trading Plans By TradeSmart University




Here is the dirty little secret about “Big Money” trading. They have an advantage that most retail traders do not. It’s not the advantage that you’re thinking about though. The primary advantage of the “Big Money” is the system within which they are required to function. You might call this their “plan.” Fund Managers who are operating within a firm (ie, “big money”) are forced to follow a prescribed plan and face substantial consequences if the deviate. Now, let’s talk about what reality is. Retail traders have even more advantages afforded to them than their big money counterparts. If traders simply had a trading plan they followed with discipline, they would find the gap between them and big money reduced or eliminated.

In this 4-Class series, you will walk through the principle elements required in a profitable trading plan. Your plan should have detailed elements including risk management, outcomes, metrics and measurements, money management and more. Students who complete this program will feel a sense of relief as they experience the benefit of consistency and predictability. No longer will you lay awake worrying about trades, because your plan is in place and ready to deal with any circumstance that comes your way. Maximize your success by chunking your plan into specific, actionable steps that can be repeated consistently and accurately. From your trade setup, to a regular review of your analysis performance and trade execution… every step is guided and intentional.


Class 1: Outcome, Purpose, and Objective:

  • Part 1 – Class Introduction
  • Part 2 – Trading A Random Market
  • Part 3 – The Importance of a Trading Plan
  • Part 4 – 4 Primary Trading Fears
  • Part 5 – The Solution
  • Part 6 – Example of a Trading
  • Plan Part 7 – Homework

Class 2: Trade Setups and Entry Requirements:

  • Part 1 – Choosing Your Strategy
  • Part 2 – Alphonso’s Strategy Plan
  • Part 3 – Defining Your Trade Setup
  • Part 4 – Alphonso’s Trade Setups
  • Part 5 – Identifying Your Edge (In the Chart)
  • Part 6 – Homework

Class 3: Risk, Account, and Trade Management:

  • Part 1 – Importance of Risk & Trade Management
  • Plan Part 2 – Implementing a Risk Unit (R)
  • Part 3 – Trade Management
  • Part 4 – Homework

Class 4: Record Keeping, Scanning, and Charts:

  • Part 1 – Thinking Like a Profitable Trader
  • Part 2 – Scanning
  • Part 3 – Record Keeping
  • Part 4 – Homework

Additional information