Sunday having a look at the markets and making a watchlist for the week ahead
important checklist I think you need to ask yourself before entering a trade, I still look at this before every trade to remind myself
I call it am I being a Twat checklist
1. Am I just taking a punt with this trade
2. Does this fit my trading plan, have I lost some trades on the bounce and now looking at time frames and different sets ups because I think mine is now sh**t
3. am I sticking to my max 2% risk per trade
4. am I revenge trading after a loss and now risking more than usual to make back profits
5 have you thought about stopping for the day after getting a big winner?
6. thinking of moving a stop loss to break even? would it really be a stop loss or giving your profits back?
hope you all have a good week trading peeps :)
important checklist I think you need to ask yourself before entering a trade, I still look at this before every trade to remind myself
I call it am I being a Twat checklist
1. Am I just taking a punt with this trade
2. Does this fit my trading plan, have I lost some trades on the bounce and now looking at time frames and different sets ups because I think mine is now sh**t
3. am I sticking to my max 2% risk per trade
4. am I revenge trading after a loss and now risking more than usual to make back profits
5 have you thought about stopping for the day after getting a big winner?
6. thinking of moving a stop loss to break even? would it really be a stop loss or giving your profits back?
hope you all have a good week trading peeps :)