Ask yourself the following questions:

1.​​ Do I treat my trading/investing like a business? Have

I prepared for it the way I would for a business?

2.​​ Do I have a business plan—a working document to

guide my trading business?

3.​​ Do I make mistakes regularly (a mistake means not

following my rules)?

4.​​ Am I following a regular procedure to prevent

mistakes?

5.​​ Do I have a tested system?

6.​​ Do I know how that system will perform in different

kinds of markets?

7.​​ Do I know what kind of market we are in now and

know
what to expect from my system in such a market?

8.​​ If I don’t, have I gotten out?

9. ​Do I have exit points preplanned for every position

I currently have in the market?
10.​​ Have I developed specific objectives for my trading?

11.​​ Do I understand that I achieve my objectives through

a position sizing algorithm? Have I developed a specific
position sizing algorithm to meet my objectives?

12.​​ Do I understand the importance of the points above?

13.​​ Do I understand that I create my own investment

results
through my thinking and beliefs?

14. ​Do I accept responsibility for that creation?

15. ​Do I regularly work on myself to make sure that I

follow
the points above?

Circle all the responses that are true for you. If you
haven’t
circled at least 10 of the 15, you are not taking your
trading
seriously. Your financial health is in danger.