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Trader Faculty

A structured trading curriculum across stocks,
forex, crypto, futures and commodities.

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  • 01What is Trading?
  • 02Trading 101
  • 03Risk & Money Management
  • 04Setting Up Your Trading Setup
  • 05TA Masterclass
  • 06Fundamental Analysis for Traders
  • 07Trader Mindset
  • 08Build Your Trading System

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Home>Courses>Build Your Trading System>Lesson 6 of 8

Building a trading plan

Turning ideas into a written set of rules you can actually follow.

Build Your Trading System·Lesson 6 of 8

All lessons

By the end of this lesson you'll be able to:

  • 01List what a trading plan contains
  • 02Explain why writing it down matters
  • 03Describe how to follow and review it
1

Step 1 · Read the guide

Read the guide first

Everything the quiz asks is covered in the linked guide. Read it, then answer the questions below.

What Is a Trading Plan? How to Build Your Trading Rules
Key terms
Trading PlanTrading JournalRisk ManagementPosition Sizing

Step 2 · Take the quiz

Quick check

10 questions

Answer all 10, then check. Wrong answers show a hint and a link back to the guide.

  1. Question 01

    What should a trading plan define?

  2. Question 02

    How is a trading plan best described?

  3. Question 03

    What is the main benefit of writing the plan down?

  4. Question 04

    Under a plan, if a trade is not in the plan, what do you do?

  5. Question 05

    A setup appears that is not in your plan. What should you do?

  6. Question 06

    Why is keeping a plan only in your head risky?

  7. Question 07

    What does trading without a written plan tend to let happen?

  8. Question 08

    What should you adjust your trading plan based on?

  9. Question 09

    What is changing your whole plan after one bad day?

  10. Question 10

    A written plan makes discipline what?

Answered 0 of 10 · pass 70% (7/10) to complete

Build Your Trading System6 of 8
  1. Trading strategies overview
  2. Day trading
  3. Swing and position trading
  4. Scalping
  5. Strategy types: trend, range, breakout, mean reversion
  6. →Building a trading plan
  7. Backtesting your system
  8. Forward testing and validation
  9. ⚑Final Assessment· 20 Q