Checklist !

27 September 2014, 19:34
Tomas Valko
0
231
Does anybody know what is it a check list ? ? ?

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!

Am giving you here just a simple check list ,...you can modifi it to your needs.

(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.

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