A final gate for checking context, confirmation, risk, stop logic, spread conditions and personal state before execution.
Use note
This worksheet is an educational process-control template. It does not produce signals, recommendations or guaranteed outcomes. Record real decisions honestly; do not rewrite the journal after the result is known.
Purpose
To reduce impulsive entries after a valid read. A good read is not automatically a good trade; this sheet separates analysis quality from execution quality.
Best used when
- Immediately before entry
- When price reacts near a planned zone
- After a test, spring, upthrust or no-demand clue
- When tempted to chase
Core fields
- Setup name
- Context score
- Confirmation evidence
- Entry reason
- Stop logic
- Risk amount
- Spread/slippage condition
- Emotional state
- Decision: take, reduce, wait or skip
Worksheet checklist
Questions to answer before the decision is accepted
Workflow
Step-by-step use
- 1
Read the background sentence aloud.
- 2
Match the entry to a playbook.
- 3
Identify confirmation and invalidation.
- 4
Check spread and session conditions.
- 5
Set risk unit.
- 6
Record emotional state.
- 7
Choose take, reduce, wait or skip.
Scoring rubric
- 5 = all gates passed and risk clean
- 3 = analysis valid but execution quality mixed
- 1 = entry driven by fear of missing out
Red flags
- Entering because the move already started
- Using a random stop
- Ignoring spread expansion
- Confusing alertness with urgency
Practice task
Before the next ten trades or replay entries, complete this checklist and record whether it changed your decision.
Printable worksheet
Use this area for your own notes
Related playbooks
Related lessons
Related drills
Source notes
These sources inform the vocabulary, process framing, and risk discipline. The worksheet itself is an educational journaling tool, not financial advice.
- Wyckoff Method — market context and cause/effect disciplineExternal source
- FINRA — investment risk and order considerationsExternal source
- Investor.gov — order execution basicsExternal source