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Why have a checklist?

Stay Consistent

Helps maintain consistency by ensuring that traders follow a standardized approach to analyze and execute trades.

Keep Organized

Promotes organization by keeping traders focused on essential elements such as market research, risk assessment, and trade execution.

Acts As Safeguard

Acts as a safeguard against emotional biases, helping traders make more rational decisions based on predefined criteria.

Risk Management

Facilitates risk management by reminding traders to set appropriate stop-loss levels, monitor position sizes, and adhere to risk-reward ratios.

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