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    My Personal Trading Plan: Equity Daily Income & Weekly Income

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    janamani
    This document outlines Janamani Chandram Ayyangalam's personal trading plan. It details their focus on the equity segment using daily and weekly income styles of trading. Risk management plans allocate 0.5% of capital to daily trades and 2% to weekly trades. The trader intends to earn a minimum 5% return per month and dedicate 1-2 hours daily and 3-4 hours on weekends to developing trading skills. Daily, weekly, monthly and quarterly routines are defined to include analysis, order placement, journaling, and attending various trading room sessions.

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    My Personal Trading Plan: Equity Daily Income & Weekly Income

    Uploaded by

    janamani
    125 views5 pages
    This document outlines Janamani Chandram Ayyangalam's personal trading plan. It details their focus on the equity segment using daily and weekly income styles of trading. Risk management plans allocate 0.5% of capital to daily trades and 2% to weekly trades. The trader intends to earn a minimum 5% return per month and dedicate 1-2 hours daily and 3-4 hours on weekends to developing trading skills. Daily, weekly, monthly and quarterly routines are defined to include analysis, order placement, journaling, and attending various trading room sessions.

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    Trading Plan

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    This document outlines Janamani Chandram Ayyangalam's personal trading plan. It details their focus on the equity segment using daily and weekly income styles of trading. Risk management plans allocate 0.5% of capital to daily trades and 2% to weekly trades. The trader intends to earn a minimum 5% return per month and dedicate 1-2 hours daily and 3-4 hours on weekends to developing trading skills. Daily, weekly, monthly and quarterly routines are defined to include analysis, order placement, journaling, and attending various trading room sessions.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    125 views5 pages

    My Personal Trading Plan: Equity Daily Income & Weekly Income

    Uploaded by

    janamani
    This document outlines Janamani Chandram Ayyangalam's personal trading plan. It details their focus on the equity segment using daily and weekly income styles of trading. Risk management plans allocate 0.5% of capital to daily trades and 2% to weekly trades. The trader intends to earn a minimum 5% return per month and dedicate 1-2 hours daily and 3-4 hours on weekends to developing trading skills. Daily, weekly, monthly and quarterly routines are defined to include analysis, order placement, journaling, and attending various trading room sessions.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5

    MY PERSONAL TRADING PLAN

    Name: Janamani Chandram Ayyangalam

    Customer_ID: 1899532

    E-Mail_ID: [email protected]

    Mobile Number: 9757404734 or 9652123223

    1. In my Trading Business I will focus on Equity Segment of the market (as advised by my Mentor

    in my Profiling) and on Daily Income & Weekly Income Style of Trading (as advised by
    my Mentor in my Profiling)

    2. As part of my Trading Capital I will be allocating:

    a. Rupees 25000 towards Hourly / Daily Income Trades

    b. Rupees 50000 towards Weekly Income Trades

    3. As part of my Risk Management Plan I will only risk

    a. 0.5 % of my capital allocated towards each trade of my Daily Income Trades


    b. 2.0 % of my capital allocated towards each trade of my Weekly Income Trades

    4. As part of my Risk Management Plan I will ensure that the Risk : Reward of my trades shall be a

    minimum of 1:2

    5. I will follow the Core Strategy of Demand and Supply as taught by my Ignite Instructor.

    My main focus is to define where the institutional Supply and Demand is to base my trades
    on this simple concept. Trading is a probability game; therefore my methodology is based on
    finding situations where the odds are in my favor. I only go long when price is at Demand
    and I only go short when price is at Supply.
    MY PERSONAL TRADING PLAN

     Timeframes to be used
    Trading Chart Time Frames
    Purpose Curve “HTF” Trend “ITF” Levels “LTF”
    Hourly Income 60 min 15 min 5 min
    Daily Income Daily 60 min 15 min
    Weekly Income Weekly Daily 240 min/60 min
    Monthly Income Monthly Weekly Daily

     Higher Time Frame (HTF) – Used to identify the Supply Demand Curve
     Intermediate Time Frame (ITF) – Used to identify Trend Direction
     Lower Time Frame (LTF) – Used to identify fresh Supply and Demand levels

     Entries, Exits, and Trade Management

    o For Income Trades, I place an alert just before Entry, and if upon Arrival the
    setup still offers the minimum R:R and Odds Enhancers Score then I place the
    order
    o For Wealth Trades, I place the orders as well as an alert just before Entry so I’m
    notified when price returns to the Zone

    Stops

    As a general rule the Stop Loss Order should be placed at a price where if triggered it
    would mean the setup was objectively wrong. Stops should not be placed at a price
    where I would consider entering a trade, because in that case price may hit the Stop
    Loss Order and reverse back soon after. The Stop Loss Order is placed beyond the Distal
    Line by some wiggle room calculated as follows:
     Income Trades: Add 2% of the Daily ATR (round up)
     Wealth Trades: Add 10% of the Daily ATR (round up)

    6. I intend to earn a minimum of 5 % returns on my capital per month

    7. I will allocate 1 to 2 hours per day during weekdays and 3 to 4 hours on weekends towards
    developing my Trading Skills and growing my Trading Business
    MY PERSONAL TRADING PLAN

    a. In order to fine tune my Trading Skills and Increase my Trading Knowledge, I will attend
    the following Live Trading Room Sessions:-
    i. 09.00 – 09:45: Equities
    ii. 10:00 – 10:45: Swing
    iii. 12:30 – 12:45: Equity
    iv. 13:30 – 14:00: Commodity
    v. 15.00 – 15:30: Equity
    vi. 17.30 – 18:00: Commodity
    vii. 21.00 – 21:45: INCOME + WEALTH SESSION
    b. Student Trade Review sessions on the (2nd OR 4th Friday of the month)

    c. Monthly Bonus Sessions

    8. I allocate the following time slots:

    a. For Analysis and Order Placement 07:00 to 08:00 every Day (day/Monday/etc)
    b. For Journaling and Review of my Trades 19:00 to 20:00 every Day (day/Monday/etc)

    9. My Daily Routine will be as follows (refer to the Action Plan sent to you for inputs):

    Time Slot Action Details


    MY PERSONAL TRADING PLAN

    10. My Weekly Routine will be as follows (refer to the Action Plan sent to you for inputs):

    Time Slot Action Details

    11. My Monthly Routine will be as follows (refer to the Action Plan sent to you for inputs):

    Time Slot Action Details


    MY PERSONAL TRADING PLAN

    12. My Quarterly Routine will be as follows (refer to the Action Plan sent to you for inputs):

    Time Slot Action Details

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