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Written rule set: What trade will you make, in what size, where to stop, where to exit.
Published by The Retail Trader · JUL 31, 2026 · Trading Psychology
Trading Plan — Written rule set: what to trade, at what size, where to stop, where to exit.
This term comes under Trading Psychology, in the section "TOOLS OF DISCIPLINE". Emotion cannot be suppressed, a system is created around it:
Other terms in this group — understanding them together is more useful:
• Checklist
• Trading Journal
• Rules-Based System
• Pre-Market Routine
• Cooling-Off Period
• Screen Time Limit
• Process vs Outcome
• Review Routine
To read the entire group and all its examples in one place, see the journal "TRADING PSYCHOLOGY: Words from the Mind" - this term has been taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.