Quick List: Your 4-Point Checklist BEFORE Making Any Trade
Avoid impulse trades. Always follow a checklist to increase your chances. Before clicking "buy":
What is the Catalyst? Why should this asset move NOW? (News, technical pattern, etc.)
What is your Profit Target? Where do you plan to take profits?
What is your Stop Loss? Where will you admit you were wrong and exit the trade to protect your capital?
What is the Risk/Reward? Is the potential profit worth the risk you are taking?
Optimized CTA: Use this checklist for your next analysis. Click on BTC to start practicing now.
