Free Trading School · Level 6: Mindset, Plan and Next Steps
Your next steps
You now know the foundations: what trading is, how prices move, how to read a chart, how to place a trade and how to size it, and why psychology and planning matter. Here is a sensible path from here.
- Watch Lesson 0 (Risk Management) and one strategy video that fits your style.
- Write a one-page trading plan around that single strategy.
- Paper trade it on a demo account for at least 30 to 50 trades, journaling each one.
- Review the results in R. If the expectancy is positive and you followed the rules, consider a small live account.
- Keep risk at 1% or less per trade and keep journaling. Add a second strategy only once the first one is consistent.
Trading involves real risk. Never trade money you need for living expenses, and treat any claim of guaranteed profit as a red flag.
Slow is fast. One strategy, small size, a written plan and a journal will take you further than chasing every new idea.
Quick answers
You now know the foundations: what trading is, how prices move, how to read a chart, how to place a trade and how to size it, and why psychology and planning matter. Here is a sensible path from here.
Slow is fast. One strategy, small size, a written plan and a journal will take you further than chasing every new idea.
30 to 50. You need enough trades to see whether the strategy and your execution actually work.
Next lesson: What indicators really do