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FINBORS · PERSONAL ROUTER

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FINBORS / START

Five checks before a trade.

Review these five points before calculating position size. This page keeps the checklist available.

Calculate trade risk
  1. Identify the market state: trend or range.
  2. Write down the fact that permits entry.
  3. Define what invalidates the trading idea.
  4. Calculate acceptable loss before selecting position size.
  5. Check the room to the nearest obstacle.

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