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Trading Roadmap

a road map to learn trading

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caganalazo
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0% found this document useful (0 votes)
14 views2 pages

Trading Roadmap

a road map to learn trading

Uploaded by

caganalazo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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TRADING ROADMAP

Day 1-5: Trading Preparation

• Define your ‘why’


• Identify your short, medium, and long-term goals
• Identify your risk tolerance and capital allocation

Day 6-20: Trading Fundamentals

• Study trading types (scalp, intraday, swing, position)


• Research financial markets (stocks, forex, crypto, commodities)
• Choose the style and market that suits you

Day 21-35: Building The Basics

• Learn from YouTube, books, and podcasts


• Book recommendation: “Market Wizards” by Jack D. Schwager
• YouTube suggestion: The Trading Channel
• Podcast suggestion: Words of Rizdom

Day 36-40: Trading Environment

• Make sure your hardware and software are optimal for trading
• Create a productive and organized trading station

Day 41-60: Technical & 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 61-70: Study Risk Management

• Stop-loss and take-profit orders


• Risk planning
• Risk-to-reward ratio (RR)
• Position sizing and margin
Day 71-80: Navigate Trading Psychology

• Study psychological factors that drive price action


• Understand the Wall Street “Psychology of a Market Cycle” Cheat Sheet
• Create stress management techniques in trading
• Become familiar with emotions that influence trading decisions

Day 81-90: Develop a Trading Plan & Strategy

• Establish a systematic method for identifying trade


positions
• Create a trading journal
• Implement timeframe analysis

Day 91-100: Test Your Plan & Strategy

• Test your plan and strategy on a demo account


• Analyze your results and refine your plan

Day 100+: Execute Live Trades

• Transition to trading a live account


• Learn from your mistakes
• Start low and go slow
• Never give up

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