Pre-Trade Checklist

Go through every item before you enter a trade. If you can't check every box, skip the trade. This is how professionals stay disciplined.

0/19 checked

Market Regime

Checked SPY/QQQ trend direction

Noted VIX level and adjusted stops accordingly

Confirmed no major economic events in next 2 hours

Identified if today is trending or range-bound

Trade Setup

Clear pattern identified (VWAP pullback / ORB / continuation)

1-hour trend confirms my trade direction

Volume is above 1.5x average (RVOL confirmation)

At least 3 indicators are aligned (EMA, RSI, MACD, VWAP)

Entry is at a defined level — not in the middle of nowhere

Risk Management

Stop loss is set BEFORE entry — at a technical level

Risk:Reward ratio is at least 1.5:1

Position size = max 1-2% of account at risk

I know my exact target price and partial profit levels

I have NOT exceeded my daily loss limit

Psychology Check

I am not chasing — this setup came to ME

I am not revenge trading after a loss

I would take this same trade if I were flat on the day

I have no emotional attachment to the outcome

I will honor my stop if it hits — NO moving it

Every alert from TradeMonk has already passed this checklist — market regime, indicators, risk management, and more. You focus on execution.