Trend Trading Example Plan
Please use this as a example foundation for your own trend trading plan
My goal is to replace & increase my income over the next 3 years. My goal is to make at least $25-30,000 by the end of year one after successfully proving my plan and my trading abilities in the simulated environment. $25-30,000 will pay for my trading education, trading software, and building the SKILLS necessary to add more contracts. My daily average benchmark is $417 per contract, per day after costs. When my rules are applied correctly, I will be a winner.
Throughout year one, I will practice while finalizing my version of this sample trend trading plan. I will work to trade profitably with live money by months 4-6. I realize that Nexgen education is comprehensive, so will not rush live trading, instead, I will focus on learning and implementing the method to the best of my ability the first time so I will not have to "start over."
I will commit 4-5 hours daily to simulate and study Monday- Friday. I will also spend 3 hours on Saturday or Sunday doing market replays and refining my chart reading analysis and trading skills. I will commit to posting pictures in class(ESPECIALLY) of my losing trades and ask questions. While solidifying my plan,I will use my trade tracking sheet to document each trade and my feelings during each trade setup. Accountability is vital to my plan’s maturation. I will ask questions in class and get personal feedback on my trades. THE TOPS AND BOTTOMS VIDEO and TRADE MANAGEMENT VIDEO are two of the most important videos for my education.
I will start on the simulator and first trade micro-contracts MES($50 to trade 1). After I am profitable for at least 2 consecutive months, I will move to big contracts. I continue to commit 4-5 hours daily to trade and study Monday- Friday and 3 hours on Saturday or Sunday doing market replays.
S&P 500 mini/micro or Crude Oil/ micro will be my 2 main markets. I will pick one market first, then after my first year, I may watch two markets. *NOTE: when opting to trade micro futures, Using large contracts ES /CL for the analysis is crucial. Institutions and those who trade large sizes ultimately dictate the market moves and they trade large contracts. Set up a 5-1 micro chart for executing the micro-futures trades in addition to the large ES CL charts.
Click to enlarge- Table showing a basic simulation, micro and large contract ramp up possibilities

Trend Trades using 3 types of "pre-setup" tops and bottoms

Trend Trades after a “STRONG” top or bottom or strong breakouts of Fibonacci lines
· focus on correct look for an entry, buying low or selling high at areas per the rules
· if one to ones + Fibonacci lines or mid bands are at the same price, I will be more assertive on the entry
· $200 is the first profit target – exit the second target at termination conditions or $400+
· Move Stop after allowing the market to gyrate (get weak stops) before it makes a “push
· Practice not overmanaging these trades while profit builds. Let it marinate for more profit!
· Never exit after a divergence while the small triggers are outside the large triggers on the 5-1 chart; this also applies to a second divergence that exceeds the prior divergence in the direction of the trend as long as the small triggers are outside of the large triggers on the 5-1 chart.
· Lower / Higher second divergences must be evaluated, if closer to entry, get stop level to a break-even +1 or exit.
Continuation Trend Trades following a “WEAK” top or bottom failure using a 21-3 chart strong triggers to justify and confirm the trend's strength. Never trade against the 21-3
· focus on correct look for an entry, buying low or selling high at areas per the rules
· if one to ones + Fibonacci lines or mid bands are at the same price, I will be more assertive on the entry
· $200 is the first profit target – exit the second target at $400, targets or by being stopped out. This trade may have to "get through" some 5-1 chart trouble to reach larger targets.
· Move Stop after allowing the market to gyrate (get weak stops) before it makes a “push
· Practice not overmanaging these trades while profit builds. Let it marinate for more profit!
· Never exit after a divergence while the small triggers are outside the large triggers on the 5-1 chart; this also applies to a second divergence that exceeds the prior divergence in the direction of the trend as long as the small triggers are outside of the large triggers on the 5-1 chart.
· Lower / Higher second divergences must be evaluated; if the price is still close to the entry price, get the protective stop order to a break-even +1.
·
Trend Trades after a “WEAK” top or bottom & subsequent breakouts of Fibonacci
· focus on correct look for an entry, buying low or selling high at areas per the rules
· Move Stop after entry behind any pivot (new bar up /down) or market flow signal when using the market flow indicator on an 8-range chart.
· Managing this trade will be more assertive, divergence may be an exit after the first target is reached if the triggers on all charts are not strong prior to a divergence.
· $100-150 dollars is a good range for the first profit target, typically as price trades into any trouble spots, then– manage the second target at Fibonacci, One to Ones, or $200 while the protective stop is at break-even or better.
Trend trades will allow me to meet and exceed my daily goal of $417 per day trading two contracts. To make more money, I will simply add more contracts. I will allow myself to trade profitably for at least one year before trying to add on any additional trades.
YOU MAY REMOVE THIS DISCLAIMER FROM YOUR TRADING PLAN IF YOU WISH- READ IT FIRST!
CFTC and HYPOTHETCIAL DISCLAIMER