Let’s categorize it into 3

ENTRY QUESTIONNAIRE

• IS THIS A RISK ENTRY OR REDUCED RISK POSITION?
• IS PRICE MOVING IMPULSIVELY OR CORRECTIVELY?
• IS PRICE IN THE IMPULSIVE PHASE OR THE CORRECTIVE PHASE?
• IF PRICE IS MOVING CORRECTIVELY, ARE WE FORMING A CONTINUATION OR A REVERSAL?
• IS THERE A PATTERN PRESENT? (FLAG, WEDGE, ETC.)
• IF YOU CAN’T IDENTIFY WHICH PHASE PRICE IS IN, SHOULD YOU BE TAKING THIS TRADE?

MINDSET QUESTIONNAIRE

• AM I ADHERING TO MY OWN ANALYSIS?
• WOULD I TAKE THIS POSITION ON A MILLION DOLLAR ACCOUNT?
• HAVE YOU RUN THROUGH THE ENTRY & MANAGEMENT QUESTIONNAIRE?
• HAVE I FORECASTED THIS TRADE OR IS IT A LAST MINUTE DECISION MAKING PROCESS?
• AM I IN A CLEAR HEADSPACE TO BE ENTERING THE MARKET?
• DO I ACCEPT THE POSSIBILITY OF A FULL LOSS ON THIS TRADE?

MANAGEMENT QUESTIONNAIRE

• HAS PRICE IMPULSIVELY MOVED AWAY FROM YOUR ENTRY?
• HAS PRICE REMAINED NEAR ENTRY FOR 4-6 HOURS AFTER BEING TRIGGERED?
• HAS PRICE BROKEN MAJOR STRUCTURE JUSTIFYING A STOP TRAIL?
• IF HIGHER TIME FRAME MOMENTUM IS PRESENT, IS THERE A SCALE IN OPPORTUNITY?