I will use this trade idea template for every trade idea I have.
1. Ticker & Market
- Symbol: __________
- Exchange: __________
- Market / Sector: __________
2. Setup / Context
- Chart range: __________
- Chart interval: __________
- Current Trend: Up / Down / Sideways
- Key Support Levels: __________
- Key Resistance Levels: __________
- Chart Pattern or Setup: __________
3. Entry Criteria
- Entry Price / Trigger: __________
- Entry Signal Confirmed? (e.g., crossover, candle pattern, volume)
- Volume Confirmation: Yes / No
- Momentum Indicator (e.g., RSI, MACD) Check: __________
4. Stop Loss
- Stop Loss Level: __________
- Distance from Entry: __________ (price points or %)
5. Target(s) / Take Profit
- Target 1: __________
- Target 2 (optional): __________
- Exit Strategy: Fixed target / Trailing stop / Other
6. Risk Management
- Position Size: __________
- Risk per Trade (% of account): __________
- Risk-to-Reward Ratio: __________
7. Additional Notes
- Fundamental / News Check: __________
- Market Conditions (volatility, time of day): __________
- Other Comments: __________
8. Post-Trade Review (fill after closing trade)
- Did I follow the plan? Yes / No
- What went well? __________
- What could improve? __________
- Lessons Learned: __________