CHAPTER 21
The 30-Day Practice Plan
This plan is for a demo account. Forty-five to ninety minutes a day. The goal is not profit - the goal is process.
21.1Week 1 - Training The Eye
| Day | Task |
|---|---|
Day 1-2 | Mark BOS, CHoCH and MSS on 10 charts - no trades |
Day 3-4 | Mark equal highs/lows and sweeps on 15 charts |
Day 5-6 | Mark FVGs and OBs on 20 charts and their CEs |
Day 7 | Review: which marks were wrong and why |
21.2Week 2 - One Model
| Day | Task |
|---|---|
Day 8 | Choose one model - Model 01 or 04 recommended |
Day 9-11 | Two demo trades a day, that model only |
Day 12-13 | Find the model in 20 historical charts - backtest |
Day 14 | Statistics: how many were A+ and the average R |
21.3Week 3 - Risk and Journal
| Day | Task |
|---|---|
Day 15-17 | Trade at 0.5 percent risk and journal daily |
Day 18-19 | Compare screenshots: was the process right? |
Day 20-21 | Analyse your three worst trades |
21.4Week 4 - Evaluation
| Day | Task |
|---|---|
Day 22-25 | Normal trading, but two trades a day maximum |
Day 26-27 | Put all 30 days of trades into one table |
Day 28 | Compute win rate, average R and maximum drawdown |
Day 29 | Write the three habits you will change |
Day 30 | Decide: live next month, or more demo |
21.5The Go / No-Go Test
| Criteria | Condition to go live |
|---|---|
Win rate | 40 percent or more (35 percent is fine with average R above 1.5) |
Average R | Above +0.2 |
Max drawdown | Under 5 percent |
Checklist adherence | 80 percent of trades scoring 7/10 or higher |
Two-trade daily limit | Zero breaches |
Educational material only · not financial advice.