A simple scorecard for sizing, stop logic, risk-unit consistency, exposure, correlation and rule compliance.
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 make risk discipline visible. VSA analysis can be excellent while risk behaviour is poor; this sheet isolates that problem.
Best used when
- Before and after trades
- Weekly exposure review
- When moving from replay to live practice
- Before increasing trade size
Core fields
- Account risk limit
- Risk per idea
- Stop basis
- Position size logic
- Open exposure
- Correlation note
- Rule compliance
- Risk score
Worksheet checklist
Questions to answer before the decision is accepted
Workflow
Step-by-step use
- 1
Define maximum risk per idea.
- 2
Calculate size from invalidation distance.
- 3
Check open exposure.
- 4
Check correlated instruments.
- 5
Record rule compliance after trade.
- 6
Average the risk score weekly.
Scoring rubric
- 5 = size, stop and exposure all rule-based
- 3 = risk defined but exposure weak
- 1 = size chosen emotionally
Red flags
- Moving the stop to maintain position size
- Ignoring correlated positions
- Increasing risk after a loss
- Treating small trades as rule-free
Practice task
Apply the scorecard to every trade for two weeks. Do not change strategy; only measure risk consistency.
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