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10-Day Trading Learning Plan

The 10-Day Beginner Trading Learning Plan outlines a structured approach for new traders to understand trading concepts, market movements, and technical analysis tools. Each day focuses on specific topics, from basic trading principles to practical strategies and discipline improvement. The plan culminates in a decision to either start trading with real money or continue practicing on a demo account, along with bonus resources for tracking progress.

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settyvenky8
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102 views2 pages

10-Day Trading Learning Plan

The 10-Day Beginner Trading Learning Plan outlines a structured approach for new traders to understand trading concepts, market movements, and technical analysis tools. Each day focuses on specific topics, from basic trading principles to practical strategies and discipline improvement. The plan culminates in a decision to either start trading with real money or continue practicing on a demo account, along with bonus resources for tracking progress.

Uploaded by

settyvenky8
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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10-Day Beginner Trading Learning Plan

Day 1: What is Trading?

Understand the concept of trading (buying and selling assets). Learn what binary options are, and what

platforms like Quotex offer. Practice logging into a demo account.

Day 2: How the Market Moves

Learn about price charts and candles (Japanese candlesticks). Understand what a green/red candle means.

Watch how prices go up and down in real time.

Day 3: Timeframes & Expiry

Understand what 1-min, 5-min, and 15-min charts mean. Learn what expiry means in a trade. Practice

placing a demo trade with a short expiry.

Day 4: Candlestick Basics

Learn 3 common candlestick patterns: Hammer, Doji, Engulfing. Watch for them on your demo chart.

Day 5: Support and Resistance

Learn how to draw horizontal levels where price bounces or reverses. Practice identifying support and

resistance on demo charts.

Day 6: RSI Indicator

Learn how RSI shows when an asset is overbought or oversold. Practice using RSI to confirm trade entries.

Day 7: Combine RSI + Support/Resistance

Use both tools to build your first basic strategy: trade UP at support with RSI < 30, or trade DOWN at

resistance with RSI > 70.

Day 8: Practice 10 Demo Trades


10-Day Beginner Trading Learning Plan

Use your basic strategy and log 10 demo trades. Record entry reason, direction, expiry, and result.

Day 9: Improve Your Discipline

Review your past trades. Did you follow the rules? What did you learn? Create a checklist to follow before

each trade.

Day 10: Real Account or Continue Demo

If you're confident, start with $10-20 real account. Otherwise, continue demo. Only risk 1-2% per trade.

Bonus: Tools & Templates

- Use a Trading Journal (Excel or Google Sheet) to track your progress

- Watch TradingView or Quotex charts daily for practice

- Ask questions and improve 1% every day!

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