Mental Checks
Do I have FOMO?
Do I feel okay? No emotions.
Am I overconfident?
Did I just have a massive win?
Am I just feeding the market my profits?
Am I tired?
Am I hungry?
Have I done my chores?
Have I drank enough water?
Trade checks
Is the provider I'm following or trade I'm entering proven to be profitable?
Is the trade within your risk appetite? Risk/Reward Ratio
Have you clearly set your stop loss at or a bit past the invalidation points?
Have you clearly defined your take profit/s?
Have you ensured that you if you are going to move stops, you have a plan of how you are going to do it?
Do you have rules regarding entries if price moves without you?
Final Checks
Are you risking the correct amount of your account as per your rules?
Have you worked out correct position size? โ https://cryptogb.com/f/threads/how-...ng-for-great-risk-management-survivability.7/
ARE YOU SURE THIS ISN'T A YOLO? Your own trades only - ignore for signals
Is bitcoin going against your trade?
Is the market caps going against your trades?
Is dominance going against your trade?
Is BTC pair against your trade? If all good, enter.
Do I have FOMO?
Do I feel okay? No emotions.
Am I overconfident?
Did I just have a massive win?
Am I just feeding the market my profits?
Am I tired?
Am I hungry?
Have I done my chores?
Have I drank enough water?
Trade checks
Is the provider I'm following or trade I'm entering proven to be profitable?
Is the trade within your risk appetite? Risk/Reward Ratio
Have you clearly set your stop loss at or a bit past the invalidation points?
Have you clearly defined your take profit/s?
Have you ensured that you if you are going to move stops, you have a plan of how you are going to do it?
Do you have rules regarding entries if price moves without you?
Final Checks
Are you risking the correct amount of your account as per your rules?
Have you worked out correct position size? โ https://cryptogb.com/f/threads/how-...ng-for-great-risk-management-survivability.7/
ARE YOU SURE THIS ISN'T A YOLO? Your own trades only - ignore for signals
Is bitcoin going against your trade?
Is the market caps going against your trades?
Is dominance going against your trade?
Is BTC pair against your trade? If all good, enter.
Last edited: