No ? ?????? How is this possible my dear friends ,... When i have started trading this was the first thing what i have done or prepared for me ,... and now lread this carefully I have printed this check list 100 times ... yop true ,... What is this checklist about ?
This is the answer maybe for your problem and how to solve the problem with patience !!! In the case your system works in perfect way this will avoid you to make mistake ! But how ? The check list contains steps and questions that you should ask before each trade . And you must simply just fill it in ,....
As i said in the case your system is working you will be just know you havent made any mistake when you was entering the trade and why ? you have got your CHECKlist!!!
There is one magical sentence :" as we are trading also our psychic is developing with us " ,...this check should help you to improve your concentration on trade to be disciplined , to make all needed steps.
When you will be later good trader maybe you will not be using it - you need to get som routine to your blood.
For who is this good for ?
For anybody !!!! i would say even for scalper and also even for long
position trader . How many questions should it contain it is up to you
but if you are long position trader it should have as many as possible
to have the process complete and analyzis precise!
(just an example)
Checklist Trade Number:
Have i made technical analyzis of instrument?
Yes No
Have i made fundamental analyzis of instrument ?
Yes No
Do i have all signals for entering to the trade?
Have i already set lot size according to 2%risk per trade?
Yea No
Have i already set SL?
Yes No
Have i already set trailing stop ?
Yes No
Have i already counted my target point ?
Yes No
How long would i like to stay in trade ?
Results of trade
Was the trade profitable or not ?
Yes No
Did i make mistake ?
Yes No
(If yes do the backtest)
You can finish the list with whatever question you want.
Make your trading more comfortable ! Many green pips traders.