(Mental prep, risk review, key confirmations before execution)
Before placing a single trade, run through this checklist to ensure:
✅ Clear market bias & execution plan 🎯
✅ Proper risk management & psychology 🛡️
✅ Avoiding impulsive or emotional trades 🚫
🚀 Elite traders follow a process. This keeps you disciplined & in control.
Before you trade, check your mental state:
🔹 How do I feel today? ⬜ Focused ⬜ Distracted ⬜ Stressed
🔹 Is my environment distraction-free? ⬜ Yes ⬜ No
🔹 Did I review my trading plan? ⬜ Yes ⬜ No
🔹 Am I trading for quality setups, not just action? ⬜ Yes ⬜ No
📌 A strong mental game prevents self-sabotage.
🔹 What session am I trading? ⬜ London ⬜ New York ⬜ Asian
🔹 Is the market trending or ranging? ⬜ Trending ⬜ Ranging
🔹 Key news events today? ⬜ Yes ⬜ No (Check ForexFactory/Investing.com)