Trading Skill Self-Check (Before Trading and traning)
Evaluate yourself
Can you identify support & resistance levels accurately?
Can you spot Doji, engulfing, or pin bar patterns?
Can you calculate FAKE levels using 1- 4 hour chart?
Can you judge overbought/oversold zones in intraday charts?
Can you set entry/exit levels before market open?
Can you place stop-loss orders effectively?
Can you manage positions during consolidation or breakout?
Can you predict short covering moves?
Can you avoid trading during indecision?
Can you adjust strategy dynamically based on market reaction at key levels?
Can you recognize short-term trend reversals before price breaks key levels?
Can you differentiate between strong and weak breakouts?
Can you use gap analysis and previous day levels to anticipate pre-market moves?
Can you combine multiple indicators (like moving averages, trendlines, volume) to confirm trade setups?
Can you analyze intraday candlestick bodies and wicks to identify buying/selling pressure?
Can you forecast short-covering or profit-booking moves using chart patterns?
Risk Management Skills
Can you set stop-loss levels based on support/resistance or ATR?
Can you calculate target levels based on technical levels, Fibonacci, or fake level strategy?
Can you adjust position size according to risk tolerance and volatility?
Can you avoid overtrading during consolidation or sideways markets?
Can you cut losses quickly when the market moves against your position?
Execution & Strategy Skills
Can you place orders efficiently during volatile market conditions?
Can you track market reaction to key levels and adjust your trades dynamically?
Can you combine pre-market analysis with live price action to improve decision-making?
Can you identify fake breakouts or fake moves and avoid being trapped?
Can you maintain discipline and follow your trading plan without letting emotions affect decisions? if NO ,THEN WHY U R WEASTING YOUR MONY AND TIME.
Evaluate yourself
Can you identify support & resistance levels accurately?
Can you spot Doji, engulfing, or pin bar patterns?
Can you calculate FAKE levels using 1- 4 hour chart?
Can you judge overbought/oversold zones in intraday charts?
Can you set entry/exit levels before market open?
Can you place stop-loss orders effectively?
Can you manage positions during consolidation or breakout?
Can you predict short covering moves?
Can you avoid trading during indecision?
Can you adjust strategy dynamically based on market reaction at key levels?
Can you recognize short-term trend reversals before price breaks key levels?
Can you differentiate between strong and weak breakouts?
Can you use gap analysis and previous day levels to anticipate pre-market moves?
Can you combine multiple indicators (like moving averages, trendlines, volume) to confirm trade setups?
Can you analyze intraday candlestick bodies and wicks to identify buying/selling pressure?
Can you forecast short-covering or profit-booking moves using chart patterns?
Risk Management Skills
Can you set stop-loss levels based on support/resistance or ATR?
Can you calculate target levels based on technical levels, Fibonacci, or fake level strategy?
Can you adjust position size according to risk tolerance and volatility?
Can you avoid overtrading during consolidation or sideways markets?
Can you cut losses quickly when the market moves against your position?
Execution & Strategy Skills
Can you place orders efficiently during volatile market conditions?
Can you track market reaction to key levels and adjust your trades dynamically?
Can you combine pre-market analysis with live price action to improve decision-making?
Can you identify fake breakouts or fake moves and avoid being trapped?
Can you maintain discipline and follow your trading plan without letting emotions affect decisions? if NO ,THEN WHY U R WEASTING YOUR MONY AND TIME.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.