Are you prepared for stock market ??? by Kalidas.M

Do I treat my trading/investing like a business? Have I prepared for it the way I would for a business?

Do I have a business plan—a working document to guide my trading business?

Do I make mistakes regularly (a mistake means not following my rules)?

Am I following a regular procedure to prevent mistakes?

Do I have a tested system?

Do I know how that system will perform in different kinds of markets?

Do I know what kind of market we are in now and know what to expect from my system in such a market?

If I don’t, have I gotten out?

Do I have exit points preplanned for every position I currently have in the market?

Have I developed specific objectives for my trading?

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?

Do I understand the importance of the points above?

Do I understand that I create my own investment results through my thinking and beliefs?

Do I accept responsibility for that creation?

Do I regularly work on myself to make sure that I follow the points above?