Trade Plan Card

Write the reason, risk and exit before placing the trade.

Comes with: Any ITPM course: Core Workbench

Core Workbench: any ITPM course

Included with any ITPM course

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Illustrative example, not current market data

This is a preview, so every field and button below is switched off and the figures stay as they are. They all work once your access is verified.

Example

Illustrative example, not current market data.

AUD/USD long (trend)

Planned 25 Jul 2026, 21:14

Planned

Direction

long

Asset class

forex

Thesis

Trend continuation

Trade levels

Entry

0.6975 – 0.6995

Stop

0.68157

Target

0.71846

Max risk

Max risk (£)

166

Max risk (%)

Invalidation: The rate differential turns against AUD, or price closes back through the stop before the target is reached.

Note: Illustrative example: AUD/USD was selected after reviewing rate differentials, positioning and volatility. Demo data only.

Price ladder

Long

Target0.71846

Entry range0.6975 to 0.6995

Stop0.68157

Target0.71846
Entry range0.6975 to 0.6995
Stop0.68157

Planned reward-to-risk 1.06 to 1, measured from the least favourable end of your entry range (0.6995).

That is the distance to your target divided by the distance to your stop, and nothing else. It says nothing about how likely either price is, or about whether the trade is worth taking.

What this tool does

Write the reason, risk and exit before you place the trade: instrument, thesis, entry, stop, target and risk limit. Each card is timestamped and locked, with a full amendment trail.

The full instructions, and the definition and limit of every number it produces, open with the tool itself.

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