For new traders

Build the habits before the bad ones.

Starting out, most of the damage comes from trades you never planned. Luxabit helps you write your first trading plan, explains concepts like R:R and position size when you ask, and teaches the habits of a disciplined trader in a free course.

Start for free →

Luxabit

Trading plan

Write down your own rules. The coach holds every trade idea to them, and your journal scores each trade on how well you followed them.

These are your rules. The app never sets, suggests or judges them.

Risk & daily limits

Minimum R:R1 :e.g. 2 for 1:2Max risk per trade%% of your accountMax trades per dayStop after lossesLosses in one day before you stop

Playbooks

The setups you trade, each with its own entry rules and, if you like, its own minimum R:R and max risk per trade. Your trading hours, daily limits and general rules count for every playbook.

Main setup
Minimum R:R1 :Empty: your plan's limitMax risk per trade%Empty: your plan's limit
Rules for this playbook
1. 1.
Up to 5 rules.

Up to 10 playbooks.

Trading hours

Leave empty if you have no fixed trading hours.

FromToTimezone

Prop firm mode

Trading a prop firm challenge? Enter the loss limits you have to stay within. Luxabit measures each trade as its R times the risk % you state, so state your risk per trade.

Use prop firm mode

General rules

Entry criteria and habits in your own words that count for every trade, whatever the playbook. The coach checks each trade idea against them; in the journal you tick them off per trade.

1.Entry only after a confirmed retest
2.No trades right before major news

Up to 10 rules.

Fictitious example with made-up prices — not a trade idea.

Where it goes wrong

01No written planRules that only live in your head change with every trade.
02Sizing by feelWithout a fixed risk per trade, one loss can cost far more than you meant.
03Judging by resultsA lucky win teaches the wrong lesson, and a well-planned trade can still lose.

How Luxabit helps

Luxabit Academy
In every plan
5 short lessons on why traders break their rules, each with an exercise in your own account. Free in every plan.
Luxabit Academy: read more →
Trading plan
In every plan
A short introduction walks you through the main limits of your first plan. Every step is optional, and you write every rule yourself.
Trading plan: read more →
AI coach
In every plan
Ask the coach to explain R:R, position size or expectancy. It asks questions instead of giving tips.
AI coach: read more →
Position size calculator
In every plan
Know your position size before you enter, so a loss costs exactly what you planned.
Position size calculator: read more →

Questions

Do I need trading experience to start?

No. The free Starter plan has your trading plan, an unlimited journal, the Discipline Score, the academy and 25 coach messages a month, with no credit card.

Will Luxabit teach me a strategy?

No. Luxabit doesn't teach setups, entries or strategies and gives no investment advice. It helps you write down your own rules and keep them.

Luxabit for other traders

Luxabit is an educational tool. It gives no investment advice, signals, price levels or recommended strategies, and is not licensed by the AFM. Trading carries a high risk of loss.

Your rules. Every part of your trading day.

Create a free account, write down your plan and check your next idea before you enter.