Day 1-2: Trading Preparation• Define your ‘why’• Identify your short and long-term goals• Define your risk tolerance and capital
allocationDay 2-6: Trading Basics• Research trading types (scalp, intraday, swing, position)• Study financial markets (stocks, forex, crypto, commodities)• Choose a style and market that suits you
Day 6-12: Building a Foundation• Consume YouTube, books, and podcasts• Book suggestion: “The Disciplined Trader” by Mark Douglas• YouTube suggestion: Inner Circle Trader• Podcast suggestion: Words of Rizdom
Day 12-14: Trading Setup• Ensure your hardware and software are optimal for trading• Create an organized and productive trading station
Day 14-22: Technical and Fundamental Analysis• Learn price charts, time frames, candlestick patterns, price action, trends, market structure, and support and resistance• Study fundamentals such as economic indicators, global events, and more
Day 22-25: Learn Risk Management• Stop-loss and take-profit orders• Risk planning• Risk-to-reward ratio (RR)• Position sizing and margin
Day 25-27: Navigate Trading Emotions• Learn psychological factors that drive price action• Study the Wall Street “Psychology of a Market Cycle” Cheat Sheet• Develop stress management techniques in trading
Day 27-29: Develop a Trading Plan and Strategy• Create a systematic method for identifying trade setups• Establish a trading journal• Implement timeframe analysis
Day 30: Test Your Plan and Strategy:• Backtest your plan and strategy on a demo account• Analyze your results and refine your planDay 30+: Execute Live Trades• Transition to trading a live account• Start low and slowContinuous:• Never give up• Learn from your mistakes• Work toward a life of abundance and freedom by trading
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