What is my reason for entering this trade?
* What is my objective in entering this trade?
* What is my maximum profit potential and what is the probability of achieving it?
* What is my maximum risk and what is the probability of achieving that?
* Will I need to adjust this position?
* If so, at what point do I need to adjust and what type of adjustment will likely be required?

Am I going to be able to keep track of this trade closely enough to avoid any potential disasters?

If you don’t have answers for these questions before entering a particular trade, this should be your warning not to take the trade in the first place.