The way to make a good trading plan is, first of all, we must first use the technique that we will use, in this case there are many techniques such as whether we will use a single entry, averaging, hadging or martingle. The second we specify the pair we will trade, whether EU, GU, UJ and others. the next step is that we determine the risk that we will bear if if our analysis is wrong, in this case it should not be more than 5%, if I personally suggest you should 2% of the capital. The third we analyze the pair that we will execute and we determine where we enter and exit, it must be remembered we must have a clear reason why buy here and why sell Here the placement of stop loss and take profit must also be clear why not just put it. Fourth, after we find the immediate area we execute, in this case there are two ways namely direct order and pending order. If we are currently in the area we want, we immediately order, but if the price is not in the area we want, then we use pending orders, either stop orders or limit orders. The final step is that we let the trading plan work and don't intervene before one gets hit by either the SL or TP.
