A beginner trading plan for you

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    Smtradingwala

  • blog-tag Trading Plan, Beginners Trader
  • blog-comment 0 comment
  • created-date 08 Dec, 2025
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Sure! Here is a simple, practical, beginner-friendly trading plan you can follow step-by-step.
This plan focuses on safety, discipline, and slow growth — perfect for new traders.


Beginner Trading Plan (30-Day Starter Plan)

Low risk • Easy to follow • Proven structure


🔹 Phase 1: Preparation (Days 1–5)

1. Learn the basics (2–3 days)

Understand:

  • What is a stock

  • Market orders vs limit orders

  • Stop-loss

  • Intraday vs swing trading

  • Candlesticks

2. Set up your tools

  • Open Demat + Trading account

  • Install charting app (TradingView / your broker’s app)

  • Learn how to place buy/sell orders


🔹 Phase 2: Practice (Days 6–12)

3. Do paper trading only (no real money yet)

Practice on demo charts:

  • Place buy/sell orders

  • Set stop-loss

  • Track your trades

  • Learn how price moves

Practice at least 10–15 trades.

Goal:

Understand how to enter, exit, and control emotions.


🔹 Phase 3: Small Real Trading (Days 13–30)

Start with ₹1,000 – ₹2,000 only.

4. Trade only 1–2 safe stocks

Examples:

  • TCS

  • HDFC Bank

  • ICICI Bank

  • Infosys

Avoid penny stocks.


5. Use this simple beginner strategy

Strategy: Support–Bounce Buy

Use 15-minute chart:

  1. Find a stock taking support (bouncing from same price levels).

  2. When it bounces upward → enter.

  3. Set stop-loss below support.

  4. Target: 1.5× your stop-loss.

Example:

  • Entry: ₹100

  • SL: ₹98

  • Target: ₹103

Risk = ₹2, Reward = ₹3 → good ratio.


6. Follow strict risk management

The 3 Golden Rules:

Rule 1: Max 2% risk per trade
If you have ₹2,000 → risk only ₹40.

Rule 2: 1–2 trades per day only

Rule 3: Never trade without stop-loss


7. End-of-day review

Write in a trading journal:

  • Why you entered

  • Why you exited

  • SL hit or target hit?

  • What you learned

This makes you better each day.


🔹 Phase 4: After 30 Days

If you did well (more profitable days than losing days):

→ Increase capital slowly
(₹2,000 → ₹5,000 → ₹10,000)

If not doing well:

→ Continue paper trading
→ Improve strategy


Full Beginner Plan at a Glance

Daily routine

  1. Check Nifty trend (uptrend or downtrend).

  2. Pick 1–2 safe stocks.

  3. Mark support & resistance on charts.

  4. Wait for support bounce.

  5. Trade with stop-loss.

  6. Write results in journal.

Weekly routine

  • Review all trades

  • Identify mistakes

  • Improve your rules

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Smtradingwala

Full Timer Trader, Stock Market Educator, Mentorship, Leadership, Stock Market Technical Analyst, Stock Market Fundamental Analyst, Specializations in Options Trading

Hi, 


Hello, I’m Vishvajeet Kumar, the founder of SM TRADING WALA, and I’m dedicated to helping you navigate the world of trading with confidence. A Educated Graduate from University of Delhi and Post Graduate MA in Political Science from IGNOU, Delhi which Help me out to understand the Geopolitical Relationship between world's Countries which empact on Global Stock Market. I bring both academic expertise and over five years of stock market experience to the table. As a Full timer Trader and Stock Market Educator, my goal is to demystify finance and empower you to take control of your financial future.

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