How do you practise entries without risking money?

Entry practice doesn't need a live account: paper trade, mark up charts with hypothetical entries and stops, or replay old charts candle by candle. The key is writing the trade down before you know the outcome.

How do you practise entries without risking money? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

What's your practice setup?

How do you practise entries without risking money? — drawdown and recovery diagram
An equity curve during a drawdown and its recovery
  • the tool or notebook you use
  • how many practice trades you did before going live
  • what the practice revealed about your entries

The journal guide doubles as a practice log.

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