What goes into a trading plan
A trading plan is useful only if, at the end of a session, you can tell whether you followed it. That is why this template asks for numbers, not intentions. The nine clauses:
- Account and firm limits. Account size, the firm's daily loss limit, maximum loss and profit target. For an FTMO 2-Step challenge: 5% daily, 10% maximum, a 10% target in phase 1 and 5% in phase 2.
- Market and session. The one instrument you trade and the window you trade it in, in your market's time zone.
- Size and stop. Lots or contracts and the stop in points. Together they set the money at risk on every trade.
- Target. A fixed multiple of the stop, or the liquidity you name before entry with a minimum reward to risk.
- Trades and positions. How many trades a day, and how many open at once.
- When the day ends. After a number of full stops, a number of full targets, or the last trade allowed.
- Resets. Optional: a pause after a stop, or what happens after losses in a row.
- Brake. Optional: a smaller size when a day starts below a balance you choose.
- Overrides and changes. A trade taken after the contract closed the day is recorded with its reason, and the contract changes only between sessions.
Why write it as a contract
A plan written as prose is easy to reinterpret in the middle of a session. A contract has numbers that can be checked: "three trades a day" either held or it did not. The builder writes the same plan twice: once as clauses you can read and sign, once as rules a machine can check. The second version is what a live coach reads.
The risk envelope, explained
The panel above the contract is arithmetic on your numbers. In the example, 45 lots with a 40-point stop on US100 cost $1,800 a stop: 1.8% of a $100,000 account and 36% of the $5,000 daily limit. Two full stops fit inside the daily limit; a third would breach it. Five in a row fit before the $10,000 maximum loss. It does not estimate your chance of passing a challenge: no honest tool can, from these numbers alone.
Frequently asked questions
Is this a trading plan template?
Yes, a structured one. Instead of a blank document, it asks for the numbers a plan needs and writes the plan for you, clause by clause.
Do I need an account?
No. The builder runs in your browser and keeps your draft on your device only.
Does it tell me what to trade?
No. It never suggests entries, instruments or setups. It records the rules you choose.
Does it work for futures prop firms?
Yes. Choose NQ, MNQ, ES or MES, or enter your own dollar value per point, and set your firm's limits by hand.
What happens with the rules I copy?
Nothing, unless you use them. The machine version is the format the Trade As Planned coach reads; the live coach is in private testing.