Step 5

Trading Plan & Helpful Trading Sites

Below are other trading sites that will be helpful on your trading journey. As you join the calls, you will learn how these different gems can be used. Be sure to use your notebook to take notes along the way to refer back to.

I. Trading Plan

Go to http://www.compounddaily.org/calculator to create a discipline plan also known as trading plan.

  • Mindset and learning risk management are key steps when starting your trading journey. Create a discipline sheet to save and print and follow for what gains you want to see each day 3% is a great amount of gain.

  • Once you reach your goal for the day in that account, you will close out. Do NOT give your money back to the market!

    • The example below is trading $500 with a 3% gain for 1 year (260 days) no weekends. This is without taking any withdrawals which nets 1 Million Dollars.

    • The 2nd example is if you take a 25% withdrawal, your account will grow to $162K. Go to "Share Your Result" for your full discipline sheet to be emailed.


J. Helpful Trading Sites (Add to Your Notes)

  1. See how to use https://www.forexfactory.com/ news site - Use to learn how to check news for forex


  1. Download currency heatwave app (optional) - Check strength of pairs to see which pairs you should trade binary.


  1. Watch this 30 second video to see how to use lot size calculator for when you take trades: https://app.nashmarkets.com