Building a Winning Trading Plan for TEFS

📈 Building a Winning Trading Plan for TEFS: Your Roadmap to Consistent Profits

In trading, “winging it” works about as well as driving blindfolded. Sure, you might end up where you want, but odds are you will crash into the market equivalent of a ditch.

That is why every successful TEFS trader has one thing in common: a well-thought-out trading plan. Your plan is not just a set of rules; it is your trading GPS, your safety net, and your sanity check.

Here is your friendly, slightly cheeky, step-by-step guide to creating a TEFS-ready trading plan that will keep you in the game and your account out of trouble.

🎯 Step 1: Define Your Goals

Before you even click “Buy” or “Sell,” decide what you actually want out of this.

● Are you looking for primary income, extra cash for a vacation, or simply to sharpen your skills?

● What is your risk tolerance? If the idea of losing $200 gives you the same stress as dropping your phone in the toilet, you may need to adjust your position sizes.

● Use SMART goals (Specific, Measurable, Attainable, Relevant, Time-bound) to make your targets crystal clear.

📚 Related reading: Why Most Prop Traders Fail

⏳ Step 2: Pick a Trading Style that Fits Your Life

Your trading style should match your schedule and personality, not force you into staring at charts like a caffeinated owl.

● Intraday: All trades closed within the day, less intense but still screen-heavy.

● Swing Trading: Hold for days or weeks, ideal for people with other commitments.

● Position Trading: Months or years, for the truly patient.

🔍 Step 3: Craft Your Method

This is your game plan for spotting and executing trades.

● Decide if you lean on technical analysis, fundamental analysis, or a combo.

● Define entry rules (breakouts, support bounces, patterns, or even the mystical Fibonacci 71% level).

● Define exit rules so you do not let greed or fear drive the bus.

● Pick your timeframes wisely. Use higher timeframes for bias, lower timeframes for precise entries.

● Plan your trade management: Will you trail stops? Take partial profits? Or leave trades alone to do their thing?

🛡 Step 4: Build Rock-Solid Risk Management

Even the best setup is useless if you blow your account on one bad day.

● Position sizing: Risk a small percentage of your account per trade (0.5%–2% is common).

● Stop-loss orders: Your emergency exit. Always use them.

● Risk-to-reward ratio: Aim for at least 1:3.

● Drawdown awareness: For TEFS Instant Funding, your max drawdown is 5%, and while there is no official max daily drawdown, it is smart to avoid losing more than 4% in one day. Remember to factor in both closed trades and floating losses.

📚 Full guide: Max Drawdown vs Max Daily Drawdown in Prop Trading

🧠 Step 5: Do Your Homework

Know your markets before you trade them.

● Analyze charts and trends.

● Understand market conditions.

● Trade instruments you are comfortable with.

📚 Explore options: Financial Instruments Offered by TEFS

📓 Step 6: Keep Discipline

Your plan means nothing if you abandon it the first time a red candle scares you.

● Stick to your strategy.

● Have a daily, weekly, and monthly routine for analysis and review.

● Use alerts to avoid screen burnout.

📊 Step 7: Track, Review, and Improve

Every trade is a learning opportunity — especially the losers.

● Keep a trade journal.

● Review performance monthly or quarterly.

● Keep learning, because markets never stop evolving.

🏆 The Bottom Line

A TEFS trading plan is your ticket to consistency, confidence, and actual payouts. Without it, you are just guessing.

✅ Respect your drawdown rules
✅ Keep losses in check
✅ Follow your process without cutting corners
✅ Treat your account like it is your own money — because the profits are

📢 Ready to put your plan into action? Start your TEFS Challenge or jump straight into Instant Funding and turn your strategy into real results.

TEFS Rules for Instant Funding and Challenges

How to Pass Your TEFS Prop Firm Challenge and Keep the Account

How to Read a Trading Chart