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"What Question Do You Ask Yourself Before You Enter a Trade?"


 "Everyone has their own trading preferences, systems and psychology, however, one thing we can probably learn from each other, is the question we ask ourselves before we enter a trade. What is the question you ask yourself before you enter each trade? For me, it’s a good mix of lessons I have learnt over time and after filtering through all the marketing hype and what not, all boiled down to this question:


"What Question Do You Ask Yourself Before You Enter a Trade?"
"What Question Do You Ask Yourself Before You Enter a Trade?"

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Before entering a trade, asking yourself the right questions helps you reduce risk, avoid emotional decisions, and stick to a solid trading plan. Here are the key questions to ask yourself:


🔍 Market Analysis Questions

  1. What is the current trend?
    Is the market bullish, bearish, or ranging?

  2. What is the setup or signal that triggered this trade idea?
    E.g., a moving average crossover, support/resistance break, candlestick pattern?

  3. What is the timeframe I’m trading?
    Am I looking at intraday, daily, or swing trade levels?

  4. Does this trade align with my overall market view or strategy?


💰 Risk Management Questions

  1. How much am I risking on this trade?
    Is it within my acceptable risk limit (e.g., 1–2% of capital)?

  2. What is my stop-loss level and why?

  3. What is my target level and why?

  4. What is the risk-to-reward ratio?
    Is it at least 1:2 or better?


🧠 Psychological Readiness Questions

  1. Am I emotionally calm and focused?
    Am I trading out of boredom, revenge, or FOMO?

  2. Am I okay with losing this trade?
    Can I accept the outcome without regret?


🧾 Trade Planning Questions

  1. Have I followed my trading plan?
    Is this trade part of my tested system?

  2. Have I double-checked news or events?
    Are there any economic releases or earnings reports that could cause volatility?

  3. What is my exit strategy?
    Will I scale out, move the stop-loss to break-even, or trail it?

  4. What will I do if the trade goes against me quickly?


📈 Post-Trade Reflection (for after the trade)

  • Did I follow my rules?
  • What can I learn from this trade?

By asking these questions consistently, you’ll become more disciplined and objective — two key traits of successful traders. Would you like a printable version of this checklist?


“If I enter this trade, am I confident enough to not modify the system I have during live price action?”


That’s coming from my own experience, would love to hear other questions from the community!"

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