📝 The Golden Trading List: What You Should Do Before Entering Any Trade
Want to trade like a pro? 🚀 Here's the step-by-step checklist that any successful trader goes through before risking a single dollar:
1️⃣ Market Pulse Check 🌍
Is Bitcoin in an uptrend or a downtrend? (The king determines the market direction)
Is there any major news or events today? (Fed decisions, inflation data, platform hacks, new legislation)
What is the general market sentiment — is it fear, greed, or neutral?
2️⃣ Confirm the trend on the chart 📊
Have you determined the general trend (upward, downward, sideways)?
Are support and resistance levels clear on more than one time frame?
Are there strong candles that give signals (rejection tails, engulfing, doji)?
3️⃣ Liquidity and trading volume 💧
Does trading volume rise or fall at entry points?
Is there enough liquidity to avoid slippage?
Are the whales active (large orders, sudden spike in volume)?
4️⃣ Risk Management ⚖️
Did you set a clear stop loss before entering?
Should I only risk 1-2% of my capital on a trade?
Is the reward to risk ratio at least 1:2?
5️⃣ Entry and Exit Plan 🎯
Is the entry area based on logic and not FOMO?
Do I have specific profit targets (TP1, TP2, TP3)?
Will I move the stop as the price advances in favor of the trade?
6️⃣ Deal size and leverage 📌
Is the trade size calculated based on the distance to the stop and not greed?
Do I use moderate leverage to avoid liquidation risk?
7️⃣ Psychological examination 🧠
Am I calm or trading under the influence of fear/greed/revenge?
If I lose the deal, can I accept it without emotion?
8️⃣ Discipline and implementation ⏱️
Have you checked the order type (Limit/Market/Stop)?
Is my plan clearly written?
Am I willing to stick to the plan no matter what?
✅ Golden rule: If there is one item missing from this list — do not enter the trade.
Your excellence comes from preparation... not from expectation. 📈💡
⚡ Question for followers: Do you use a checklist before entering trades? Or do you trade randomly? Share your experiences with us! 👇🔥
