Trade Management Plan 1 1
Trade Management Plan 1 1
ade Per Day or Split Lot Size Using More Than One Trade Set-Up
$200.00 8.00% TP: 20 60 75 ^ for more than one trade divide lot size by # of desired daily trades
SL: 15-20 20-25 25-30 <-- MT4 measures MICROpips so add a zero onto trailing SL
Expected Loss:
1
5% 3) Estimated no. of pips for drawdown 20
-$60.00
Lots size to enter:
0.30
Pair Position Type Time Opened MT4 Price Opened Date Open Time Closed
MT4 Price Closed Date Closed Lot Size Pips Profit/Loss
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Entry Reason Exit Reason Comment
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PROFIT
LOSS