Your written trading plan: a complete template
After this lesson you can write a one-page trading plan that covers capital, markets, setups, entries, exits, size, loss limits, Shariah checks and review, and fill it in with your own numbers.
Aapka likha hua trading plan: mukammal template
Dimagh mein rakha plan mood ke saath badal jata hai. Likha hua plan sukoon ke waqt apne aap se kiya gaya muahida hai. Ek ya do safhe kafi hain: maqsad aur niyyat, capital aur us ka zariya (qarz, committee ya emergency ka paisa nahi), sirf spot markets aur Shariah screen, timeframes aur schedule, aur zyada se zyada do setups jo chart par check ho sakein.
Phir entry ka trigger, stop aur target (kam az kam 1.5R), 1% risk per trade, 3% total open risk, din aur hafte ki loss limits, tathir ki tareekh, journal aur haftawar review. Misal: Rs 300,000 capital, Rs 3,000 risk, entry Rs 250, stop Rs 238, to 250 shares aur 2R target Rs 274. Trade khuli ho to plan kabhi na badlein; tabdeeli sirf mahane review mein.
- Plan sukoon mein likhein aur har session se pehle parhein.
- Capital, markets, setups, entry, exit, size, loss limits, halal checks aur review sab shamil karein.
- Khuli trade mein plan na badlein; sirf muqarrar review par.
Poora sabaq neeche English mein hai. Quiz English mein hai; asaan alfaaz mein.
Ali, a civil engineer in Sukkur, had worked through every lesson so far. He understood RSI, stops and position sizing. Yet every week he traded differently: one week PSX, the next a new coin; sometimes the 4-hour chart, sometimes the 15-minute; sometimes 1% risk, sometimes 5% 'because it was obvious'. His knowledge was real; his process was not. A friend who had traded for ten years asked him one thing: 'Show me your plan.' Ali had nothing written down. He realised he did not have a method. He had moods.
Why the plan must be written
A plan in your head changes with your mood. A written plan is a contract with yourself, made while you are calm, that tells the emotional you what to do later. It also makes improvement possible, because you cannot measure a method that changes every week. Keep it to one or two pages, print it or pin it where you trade, and read it before every session.
The template below has ten parts. The first five decide what you trade and how much; the last five decide how you enter, exit, size, stop and improve. Fill every line with a number or a clear rule. Any line that says 'depends' or 'I will see' is a gap your emotions will fill for you.
The template, part 1: what, where and how much
These first five lines are about boundaries. They decide which money is allowed near the market at all, which markets and assets qualify, and how much of your week trading may take. Most beginners skip this part and go straight to entries, which is why their entries keep changing.
- Purpose and intention: why you trade or invest, and what role this money plays in your family's life.
- Capital: the amount, its source (never borrowed, committee or emergency money) and its maximum share of your savings.
- Markets: spot only, which markets (for example KMI-30 stocks and screened coins) and the Shariah screen every asset must pass.
- Timeframes and schedule: which charts, which days and times you check, and when you do not.
- Setups: at most two, each written as conditions you could check on a chart.
The template, part 2: entry, exit, size and review
These five lines turn the setup into actions and numbers. The last one, review, is what keeps the rest alive: a plan without a review date quietly stops being followed within a few weeks, and nobody notices until the damage shows up in the journal.
- Entry: the exact trigger, for example a 4-hour close above the last swing high inside a daily support zone.
- Exit: stop placement (structure or ATR), target of at least 1.5R, and a time stop if nothing happens.
- Size: 1% risk per trade, maximum 3% open risk, and a maximum share of capital per asset.
- Loss limits: daily 2R, a 48-hour break after three losses in a row, weekly 5%, and half risk after a 10% drawdown.
- Halal and records: purification dates, a journal entry for every trade, a weekly review, rule changes only monthly.
Ali's plan in numbers
Capital: Rs 300,000 of savings, kept separate from a six-month emergency fund. Risk per trade 1% = Rs 3,000. Maximum open risk 3% = Rs 9,000, so at most three trades at once. Daily stop 2R = Rs 6,000. Weekly stop 5% = Rs 15,000.
A KMI-30 setup: entry Rs 250, stop Rs 238 below the swing low. Risk per share Rs 12. Shares = 3,000 / 12 = 250. Position = 250 x Rs 250 = Rs 62,500, about 21% of capital. Target at 2R: 250 + (2 x 12) = Rs 274.
If the target is hit: 250 shares x Rs 24 = Rs 6,000 profit before fees. If the stop is hit: 250 x Rs 12 = Rs 3,000 loss. Every number was decided before the order.
The Quran commands believers to write down their dealings (Quran 2:282), and the wisdom behind it is clarity, fairness and fewer disputes, including disputes with your own nafs. A written plan also puts the Islamic limits in black and white: spot only, no riba, no maysir, screened assets, and fixed dates for purification. The Prophet (peace be upon him) praised food earned by the work of one's own hands (Sahih al-Bukhari 2072). A plan turns trading from impulse into work you can stand behind.
Education, not a fatwa. Where scholars differ, we say so. See what scholars say.
The trap is writing a good plan and then 'adjusting' it in the middle of a trade. Any change made while a position is open is emotion, not improvement. The other trap is copying a stranger's plan from YouTube, with a risk level and schedule that do not fit your life. A plan you cannot follow in a normal working week is not a plan.
Open the Calculators and use the position size calculator with Ali's numbers. Choose USD for the capital so that capital and prices share one unit (the formula is the same in any currency): capital 300,000, risk 1%, entry 250, stop 238. Check that you get 250 units. Then replace them with your own capital and one setup, and write the result into the entry, exit and size lines of your plan.
Size your first plan →Key takeaways
- Write your plan while calm, keep it to one or two pages, and read it before every session.
- Cover capital, markets, setups, entry, exit, size, loss limits, halal checks and review.
- Never change the plan while a trade is open; change it only at a scheduled review.
Check yourself
Pass with 2 of 3 to complete the lesson. Answers are checked on our server, so the certificate means something.
Barqish is an educational platform. Nothing here is financial advice or an instruction to buy or sell, and screening is not a fatwa. Spot ownership only: no leverage, no short selling. Updated 30 September 2026.