GUIDE Check List To Enter Any Trades

Mental Checks
๐Ÿ”ด Do I have FOMO?
๐Ÿ”ด Do I feel okay? No emotions.
๐Ÿ”ด Am I overconfident?
๐Ÿ”ด Did I just have a massive win?
๐Ÿ”ด Am I just feeding the market my profits?
๐Ÿ”ด Am I tired?
๐Ÿ”ด Am I hungry?
๐Ÿ”ด Have I done my chores?
๐Ÿ”ด Have I drank enough water?


Trade checks
๐ŸŸ  Is the provider I'm following or trade I'm entering proven to be profitable?
๐ŸŸ  Is the trade within your risk appetite? Risk/Reward Ratio
๐ŸŸ  Have you clearly set your stop loss at or a bit past the invalidation points?
๐ŸŸ  Have you clearly defined your take profit/s?
๐ŸŸ  Have you ensured that you if you are going to move stops, you have a plan of how you are going to do it?
๐ŸŸ  Do you have rules regarding entries if price moves without you?

Final Checks
๐ŸŸข Are you risking the correct amount of your account as per your rules?
๐ŸŸข Have you worked out correct position size? ๐Ÿงฎโ”ƒ https://cryptogb.com/f/threads/how-...ng-for-great-risk-management-survivability.7/
๐ŸŸข ARE YOU SURE THIS ISN'T A YOLO? Your own trades only - ignore for signals
๐ŸŸข Is bitcoin going against your trade?
๐ŸŸข Is the market caps going against your trades?
๐ŸŸข Is dominance going against your trade?
๐ŸŸข Is BTC pair against your trade? If all good, enter.
 
Last edited:
Top