Building a trading plan for an evaluation

Put the account conditions at the top

For 2-Step Standard, record its phase target, 5% daily limit, 10% static maximum loss and 5 qualifying days at 0.5%. Add the minimum hold and simulated funded-stage conditions before you buy. The numbers should come from the current order and rulebook, not from a remembered promotional card.

Each morning, add current balance, equity, daily baseline and distance to the loss floors. Mark relevant releases and positions carried through midnight. That makes the plan an account-state document rather than a static motivational statement. If you cannot reconcile a figure, resolve it before placing another order.

Define a setup another person could recognise

Specify the market conditions, time frame, entry trigger and invalidation level. Avoid phrases such as strong momentum unless you have a testable definition. A setup does not need to be complicated; it needs to let you distinguish a planned trade from an impulse while the market is moving.

List the conditions that cancel the idea: spread above a tested range, an approaching event, missing data or a move that has already travelled beyond the entry area. Include a no-trade outcome. A plan that always produces an order is more likely to describe a desire for activity than a selective method.

Define sizing and session limits in currency

Choose a personal risk budget based on evidence and remaining room, then calculate volume from the stop distance and contract specification. Add costs and existing related exposure. The plan should state how you handle a smaller-than-minimum viable position rather than silently increasing risk to fit a platform increment.

Write a personal daily stopping condition with a buffer before the account's contractual boundary. It can include loss, execution faults or a pattern of rule deviations. These personal conditions are not new firm restrictions. Their job is to make a decision in advance, when the desire to recover a result is not influencing it.

Include the operational failure cases

State what happens if the platform disconnects, a quote looks wrong or an EA sends an unexpected order. Keep a reliable way to stop new entries and manage existing positions. Verify that the emergency procedure does not depend entirely on the same component that failed.

For simulated funded trading, add the news window, reward eligibility and protective controls. A strategy that passes an evaluation but ignores the next stage is an incomplete plan. Use the programme comparison to identify any simulated funded rule changes and rehearse the operational routine in practice before relying on it.

Review decisions before changing the system

After each session, mark whether every trade met the entry and risk conditions. Record the reason for any deviation and distinguish a rule-compliant loss from an unplanned win. Review groups of comparable trades rather than changing the method after one result. Keep changes in a version log with the evidence that prompted them.

Test a revised plan on fresh or clearly separated data. If every historical loss receives its own new exception, the plan may simply memorise the sample. A written process cannot promise a pass, but it can make the evidence and decisions more consistent, which is useful whether you proceed to a paid evaluation or continue practising.

Key takeaways

• Make entry, invalidation, size and no-trade conditions observable.
• Refresh account room and event checks before each session.
• Version changes and judge process separately from individual outcomes.

Sources and rule check

MultiFunded-specific details were checked against the programme configuration and rulebook on 23 October 2026. Read the conditions attached to your own account before trading; educational examples do not predict results.

• MultiFunded programme comparison — current phase targets and programme limits.
• MultiFunded trading rules and Terms — definitions, restrictions and reward conditions.
• FTMO Academy: Developing a Trading Plan — external background on written planning; this guide's operating checklist and worked framing are original.