BEGINNER TRADING CHECKLIST

Before taking a trade, ask yourself:

☐ What am I trading?

☐ What is my reason for entering?

☐ Does this trade meet my strategy rules?

☐ What timeframe am I using?

☐ What is the current market structure?

☐ Where is my entry?

☐ Where is my stop-loss?

☐ Where is my target?

☐ How much money am I risking?

☐ What is my risk-to-reward?

☐ Is there major news approaching?

☐ Am I entering because of my strategy or because of emotion?

☐ Have I already taken too many trades today?

☐ Would I take this trade if I had just experienced a loss?

If you cannot confidently answer these questions, there may be a reason to step away and reassess.