Ask yourself these ten critical questions before entering into trade.
- What is My Trading Plan?
- What is the Market Trend?
- Where Are the Key Support and Resistance Levels?
- What is My Risk-Reward Ratio?
- Where is My Stop-Loss?
- What is My Take-Profit Target?
- What is the Trade Setup?
- What is the Current Market Sentiment?
- Have I Considered Correlation?
- Am I Emotionally Ready?
By asking yourself these ten questions before entering a trade, you can make more informed decisions & reduce risks. This systematic approach helps you maintain discipline and consistency in your trading journey.
Call to Action
If you know the answers for these before getting into market then probably you are successful trader.
Ready to take your trading skills to the next level? Talk to a Trader today for guidance, portfolio management or any queries.
➡️ @TrendlineAdmin
