Checklists & Reminders

Pilots And Doctors Use Them - Why Shouldn't You?

Checklists and reminders are essential for trading, helping to ensure adherence to effective risk management and assessment of current market conditions. Along with reminders, they mitigate errors, enhance analysis and promote consistency, thereby fostering more potential for improvement.

"No" List

Every trading day, prior to any trading session, self assessment should be performed using the No List. If 1 or more issues are present, it may be a good idea to just practice and/or study that day.

How do you know when NOT to trade? Use checklists like this one.

Pre-Trade Check List

Before trading or even practicing, going through a Pre-Trade Checklist can help ensure that all systems are functional for a smooth session.

Here is a non-exhaustive list of things to verify before your trading session begins.

Reminders

The fastest and easiest way to set a timer is most likely by using Amazon's Alexa device or something similar - voice activated so it's completely hands-free and you can keep your eyes on the tasks at hand.

Setting voice alerts on tools like Amazon's Alexa can keep you informed throughout the day, alerting you to any important rules or checks that require attention.

What may you need a voice timer for?

-Session start & stop times -Scheduled News events -Market Replay practice timer -Trade hold time stopwatch or timer -AlgoBox™ Academy exam

One of our mottos "Trade Nothing Alone" emphasizes the power of confluence using AlgoBox™ where trading involves utilizing a synergy of multiple tools such as the FlowMaster™ Enigma, Harmonics, SMLK Timing and FlowMaster™ Cross throughout your trading sessions.

A useful reminder when using AlgoBox™ and doing many other things in life!

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