Lesson 2: Strategy Practice Through Simulated Trades

Lesson Overview

This lesson focuses on applying structured strategies inside a simulated environment.

At ICunity, strategy testing is done under controlled rules to measure consistency.

Step-by-Step Trade Execution

When placing a simulated trade:

1. Identify setup (breakout, reversal, trend continuation)

2. Mark entry level

3. Define Stop Loss

4. Define Take Profit

5. Calculate position size

6. Execute trade

7. Record the trade in journal

Trade Journaling

Each trade should include:

• Date and time

• Instrument

• Entry & exit price

• Risk amount

• Outcome (win/loss)

• Reason for trade

• Emotional state

Journaling helps identify behavioral patterns.

Measuring Performance

Track:

• Win rate

• Risk-to-reward ratio

• Maximum drawdown

• Average profit per trade

Lesson Outcome

You will learn how to practice strategies in a measurable and structured way.