Trade Plan Builder
Build a structured trade plan and copy it to clipboard or save to your journal.
Free — no signup, no ads, instant results
Market Context
Setup Details
Risk Management
R:R Ratio
2.0
Dollar Risk
$100
Position Size
33333.33
Trade Plan
Who Is This For?
Traders who want to enforce discipline by writing a structured plan before every trade — especially useful for prop firm traders who need documented decision-making.
Why Write a Trade Plan?
Most losing trades aren't caused by bad analysis — they're caused by impulsive execution. A trade plan forces you to define every parameter before you place the order: what you're trading, why, where you're entering, where you're wrong, and where you take profit.
When you write it down, you commit to the plan. When you copy it to your clipboard or save it to your trading journal, you create a record you can review later — win or lose.
How to Use This Tool
- Step 1: Set your market context — instrument, timeframe, and directional bias with reasoning
- Step 2: Define your setup — entry price, stop loss, and one or two take profit targets
- Step 3: Enter your account balance and risk percentage to auto-calculate R:R, dollar risk, and position size
- Step 4: Review the trade plan summary, then copy it to clipboard or save it to your journal
Worked Example
Scenario: EUR/USD long on the H1 timeframe, bullish bias based on HTF structure. Order Block setup at 1.0850 with SL at 1.0820 and TP at 1.0910. $10,000 account risking 1%.
The generated plan looks like:
TRADE PLAN — EUR/USD Bullish
Bias: Bullish | TF: H1 | Setup: Order Block
Entry: 1.0850 | SL: 1.0820 | TP1: 1.0910
R:R: 2.0 | Risk: $100 (1%) | Size: 33333.33
Assumptions & Edge Cases
- Position size is calculated based on entry-to-SL distance.
- Does not account for pip value differences across pairs.
- R:R is calculated using TP1 only.
Frequently Asked Questions
A written plan removes emotion from execution. You decide your entry, stop, and target before the trade — so you're not making decisions under pressure.
A clear bias with reasoning, defined entry/SL/TP levels, risk sized to your account, and a setup type you've practiced and trust.
If your original thesis is invalidated, it's okay to skip the trade entirely. But never move your stop loss further away — that's not adapting, that's hoping.