Lesson 7 of 12 · 5 min
Your Evaluation Plan — Pacing Without Forcing the Target
Write the plan before you pay, pace the target over days, and slow down near the finish.
A plan is a set of rules you decide while calm, so the hard decisions aren't made in the heat of a trade.
Write it before you pay
Setups: what has to be true before you enter.
Risk: dollars per trade, your daily stop and losses-in-a-row limit.
Hours and news: when you trade and when you stand aside.
Review: when you look back and change one thing.
Pace the target
You don't need big days. Spread the target over the days you have, and the consistency rule never becomes a problem.
Example
Target $3,000, aiming to pass in about 12 trading days: about $250 a day.
With a 50% consistency rule, any single day above $1,500 would only slow you down.
The last few hundred dollars
Close to the target is where accounts die: extra trades, bigger size, one more try after a loss. Keep your normal size, and stop for the day after a loss.
TradeCompass turns this into your own rules: it checks every trade against them and warns you before you break one.
Start freeCheck yourself
Educational content only. Not financial advice, not a buy/sell signal, no guaranteed results.