What is the overall direction the market is moving with in your time frame and the larger time frame?
- What time frame will you be trading with your next trade?
- What is your entry signal and what is its historical performance as a winning set up?
- How much money will you risk on this trade?
- How big will your position be for this trade?
- How will you know you are wrong and stop your loss?
- How much profit do you believe is possible if it moves in your favor?
- How will you know when it is time to exit with a profit?
- What is your ratio of reward versus risk?
How many trades will you have on at any one time?
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