📌8 vital ticks on trading Checklist Before Entering Any Trade❗✅✅✅Do you know that you should have a trading checklist before you enter any trade❓ Yes❗
👉One needs to have a proper checklist before entering any trade as it helps traders stay disciplined, stick to the trading plan, and build confidence.
👉One should remember that a good start is half the battle won! Thus maintaining a trading checklist can help the traders with a list of questions that they need to answer before executing any trades.
🤔But wait! We mustn’t confuse a plan with a checklist. The trading plan refers to a bigger picture, such as deciding the market you want to trade and the analytical approach you choose to follow. The checklist, on the other hand, focuses on each trade and also the conditions which should be met before the trade order is executed.
🔰Above are some of the pointers that we considered important and should be kicked before entering any trade. But having a checklist does not mean that all trades will become winning trades automatically. However, It will help traders to stick to the trading plan, trade with consistency, and also avoid impulsive or reckless trades.
