DAY TRADING PLAN ($1K) 1. Account Rules •Account size: $1,000 •Risk per trade: 2% ($20) •Max trades per day: 3 •Max daily loss: 4% ($40) – stop trading 2. Market Preparation (Before Open) •Market bias: Trend-following only •Key news & events: Check economic calendar before open •High-relative-volume stocks: Gappers & strong pre-market movers •Index trend (SPY / QQQ): Above VWAP & 9/20 EMA 3. Trade Setup Criteria •Strategy name: VWAP pullback / Break & Retest •Timeframe: 5M for setup, 1M for entry •Trend direction: Trade only with the trend •Volume confirmation: Volume expansion on entry •Key levels: VWAP, Pre-market high/low, Support & Resistance 4. Entry Plan •Entry trigger: Bullish candle close above VWAP / level •Entry price: At confirmation candle close •Position size: Calculated to risk $20 •Reason for entry: Trend + volume + key level confluence 5. Risk Management •Stop-loss price: Below VWAP / last higher low •Risk amount ($): $20 max •Risk-Reward ratio: 1 : 2 minimum 6. Exit Plan •Partial take-profit: At 1R (sell 50%) •Final target: 2R or next resistance •Trailing stop rule: Trail below higher lows •Exit invalidation rule: Loss of VWAP with volume 7. Trade Management Rules •No revenge trades •No chasing entries •No moving stop-loss wider •Walk away after daily loss 8. Post-Trade Review •Followed plan? Yes / No •Emotion during trade: Calm / Fear / Greed •Mistakes noted: Late entry / Early exit / Overtrading •Lesson learned: Follow the process, not emotions Daily Trading Law Small losses are tuition. Big losses are mistakes. Protect capital. Consistency pays.