Trading Plan – Beginning Level 1

Daily Goal = $50

Daily Loss = $25

Risk Profit to Loss Ratio = 2:1

Sim Trading with a balance of $2000

Number of allowed trades per day = 1

Number of max shares traded in the day = 50

Share price range $1 to $15

Trading time: 5 am to 7 am PST

Stock float to focus on = below 50 Mil

Use Momentum Strategy – https://www.warriortrading.com/momentum-day-trading-strategy/

Learn how to use Level 2 and Time & Sales before starting to do any trades

Learn MACD and VWAP before starting to trade.


Need to show 3 weeks of consistent greens before moving up in next level which will be an increase of daily and number of shares traded.