Daily Trading Execution Plan
Turn Knowledge into Consistent Profits
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1. Pre-Market Preparation
- Check global market (SGX Nifty / News)
- Mark previous day High, Low, Close
- Identify key support & resistance zones
- Check higher timeframe trend (Daily)
Preparation creates confidence.
2. Market Open (First 15–30 Minutes)
- Observe price movement
- Avoid immediate entry
- Identify trend direction
First move is often fake. Wait for clarity.
3. Setup Formation
- Draw trendline
- Observe RSI behavior
- Mark zones
Wait for setup. Do not chase price.
4. Entry Execution
- Trendline alignment
- RSI confirmation
- Candle confirmation
Only take high-probability trades.
5. Trade Management
- Place Stop Loss immediately
- Follow Risk-Reward ratio
- Avoid emotional decisions
Protect capital at all times.
6. Exit Strategy
- Exit at target or trailing SL
- Do not overstay in trade
Profit booked is better than profit lost.
7. Post-Market Review
- Analyze trades
- Maintain trading journal
- Identify mistakes
Improvement comes from review.
Final Insight
Follow your system daily. Consistency creates success.
Shaktimatha Learning
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