The lesson on YouTube
Watch. Then work through the idea.
Watch the English lesson first, then use the worked example and quiz below to check the idea. The article is a companion, not a transcript.
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What is actually happening?
A plan separates what was observed from what would make you act. It also specifies what happens if the order never fills, the premise fails or a loss limit is reached. A result is then compared with the written process rather than explained afterwards.
Guided example · Seven-part planning example · no broker connection
Complete the plan before the order
Build seven concrete answers for one illustrative range re-entry plan.
Restart & example assumptions
Authored synthetic observations, shown in sequence. Every comparison uses only the revealed data. This is a worked learning example, not live prices, broker execution or a profitability backtest. Follow the article’s exact definitions; measurements and pattern names alone do not authorize a trade.
For charts: tap a candle or swing to inspect it; drag horizontally to browse; wheel or +/− to zoom; arrow keys to inspect; Home to restore the step view.
Make the conditions explicit.
Use one named instrument, timeframe and session. Version the rule before replay so changes can be distinguished from the original specification.
Record seven answers: observable evidence; entry condition; invalidation; quantity calculation; order and fill assumptions; exit policy; review criteria.
An unanswered risk, invalidation or execution question is a reason to wait. A completed checklist still does not prove profitability or suitability.
The quoted rules are illustrative research specifications. Parameters are not recommendations and have not been presented as profitable backtest results.
What can this cost?
Several individually budgeted positions can share exposure. A per-trade cash amount does not automatically control aggregate or session risk.
How the idea can fail.
A winning trade can violate every rule. A losing trade can follow the plan. Judging discipline solely from profit confuses process quality with one outcome.
Practical habit
Save the plan before the trade and annotate deviations after it. Keep the original text rather than replacing it with a better-looking explanation.
Go one level deeper
Predefine how rule changes enter a new test. A lesson from one trade is a hypothesis to investigate, not proof that tomorrow’s version is better.
Check your understanding
Which review best separates process from outcome?
Further reading & boundaries
These examples are original educational exercises. General background: CME Group: position sizing; Fidelity: technical analysis. Neither endorses these example rules. No hypothetical result establishes future profitability.
Editorial revision: 13 October 2026 · Synthetic data · Educational use