What is a trading checklist?

Maintaining a trading checklist presents traders with a list of questions that traders need to answer before executing trades. It is important not to confuse a trading plan with the trading checklist. The trading plan deals with the big picture, for example, the market you are trading and the analytical approach you choose to follow.

What is a pre-trade checklist?

Once created and put into place, a pre-trade checklist should become a central part of each trading day. It is helpful in promoting accountability, overcoming the effects of solitude, and developing stronger discipline. It can have an immediate positive impact. You have to create a sense of importance so that no trade can go on without it.

How do I Check my Trades?

Each day, go and check my page. Scroll down until you see trades on the left. Then click on any of the trades. Be aware — if you click on the latest trade or two, it will take you to the sales page. But…