1-minute check
Am I About to Blow Up?
10 danger signs that your trading account is at risk. Answer honestly — your account depends on it.
1
Is your account down 10% or more from its peak?
2
Are you risking more than 2% of your account on a single trade?
3
Do you have a stop-loss on every open position?
4
Have you taken a trade today specifically to recover a loss?
5
Do you have a daily maximum loss limit that you actually follow?
6
Are you trading while angry, frustrated, or desperate?
7
Do you have a written trading plan that you follow?
8
Have you increased your position size after recent losses?
9
Are your trades keeping you up at night?
10
Have you reviewed your last 10 trades for patterns?