In the era of online trading evolution, having a sufficient trading checklist prevents beginners from overwhelming when entering the financial market for the first time. With so many new things to learn, a trading plan checklist will let you focus on smaller issues that will let you get started wisely and fast.

In this article, we are going to share an essential kit that involves crucial points every beginner should take into account to eventually become a successful pro. It is your simple yet effective guidance on things to focus on first and develop a successful trading plan.
#1 – Find a Broker
The success of your financial journey will depend on how reliable a chosen broker is. Additionally, various factors can make a difference. Here is what you need to look at when selecting a service provider:
- Trading conditions – keep an eye on the leverage, spreads, and other trading conditions that can eventually define how successful your trading is.
- Trading instruments – mono-platforms with a single or several assets is not the best idea in case you look for trading diversification opportunities. It is better to look for a broker with multiple instruments and assets to trade from currencies and commodities to indices, cryptocurrency, etc.
- Trading software. Online trading is impossible without up-to-date and high-performing software. Planforms like MT4 provide a full set of features and built-in tools you might need to execute orders instantly.
- Bonuses. Beginners should not ignore this opportunity, as bonuses can let them bring more free cash to the balance and use it to develop a winning strategy without the risk of losing their own funds.
- Reliability. Make sure a chosen broker uses segregated accounts and funds protection.
#2 - Download Trading Tools
The second point on our trading plan checklist includes specific trading tools and indicators you might need to download. Check the list of all available options and apps depending on your desktop or mobile OS. Make sure the software is 100% compatible with a preferred operating system and hardware.
Also, check the mobile app availability to perform trades on the fly despite the location. Look for additional extensions in the form of the MT4 Supreme Edition plugin, MetaTrader Multiterminal, and other solutions that boost your trading.