Day 1-2: Trading Preparationâą Define your âwhyââą Identify your short and long-term goalsâą Define your risk tolerance and capital
allocationDay 2-6: Trading Basicsâą Research trading types (scalp, intraday, swing, position)âą Study financial markets (stocks, forex, crypto, commodities)âą Choose a style and market that suits you
Day 6-12: Building a Foundationâą Consume YouTube, books, and podcastsâą Book suggestion: âThe Disciplined Traderâ by Mark Douglasâą YouTube suggestion: Inner Circle Traderâą Podcast suggestion: Words of Rizdom
Day 12-14: Trading Setupâą Ensure your hardware and software are optimal for tradingâą Create an organized and productive trading station
Day 14-22: Technical and Fundamental Analysisâą Learn price charts, time frames, candlestick patterns, price action, trends, market structure, and support and resistanceâą Study fundamentals such as economic indicators, global events, and more
Day 22-25: Learn Risk Managementâą Stop-loss and take-profit ordersâą Risk planningâą Risk-to-reward ratio (RR)âą Position sizing and margin
Day 25-27: Navigate Trading Emotionsâą Learn psychological factors that drive price actionâą Study the Wall Street âPsychology of a Market Cycleâ Cheat Sheetâą Develop stress management techniques in trading
Day 27-29: Develop a Trading Plan and Strategyâą Create a systematic method for identifying trade setupsâą Establish a trading journalâą Implement timeframe analysis
Day 30: Test Your Plan and Strategy:âą Backtest your plan and strategy on a demo accountâą Analyze your results and refine your planDay 30+: Execute Live Tradesâą Transition to trading a live accountâą Start low and slowContinuous:âą Never give upâą Learn from your mistakesâą Work toward a life of abundance and freedom by trading
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