Does a Go score mean the trade will win?

No. This checklist scores your trade-planning process, not the outcome. A fully planned trade can still lose, and the checklist cannot predict price.

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Should I take this trade right now?

Q: Should I take this trade right now?

Check 8 statements about your setup, entry, stop, size, risk/reward, portfolio heat, news risk, and consistency for this specific trade. The tool scores how many apply and returns a Go, Wait, or No-Go read.

Most traders blow up chasing the setup they missed, not the one in front of them.

Jason Parker, Founder of Trading Habits

Check What's True For This Trade

Check every statement that's true for this specific trade, right now, before you enter.

This setup matches a pattern defined in my written trading plan.
I have one specific entry price in mind, not a general area.
I have a defined stop-loss price set before I enter, not "I'll decide later."
I've calculated my position size and it fits my max risk-per-trade rule.
My risk/reward ratio on this trade meets what my plan requires, and I've actually calculated it.
Adding this position doesn't push my total open risk above my portfolio heat limit.
I'm not aware of a major news or earnings event that could cause a sharp price move before this trade resolves.
I would still take this exact trade, at this exact size, if my last trade had been a loss.

Your Result

Check the statements that apply to this trade and click Check My Trade to see if it's ready.

How this is calculated

Each checked box adds one point toward trade readiness, out of 8 possible points.
A score of 7 to 8 reads as Go: your trade planning components are in place.
A score of 4 to 6 reads as Wait, Fix Gaps First: identify the unchecked items, usually stop-loss, risk/reward, or size, and fill that gap before entering.
A score of 0 to 3 reads as No-Go: several core planning steps are missing, and the trade is not ready as it stands.
This is a self-check on your own trade-planning process, not a prediction of whether the trade wins or loses. A well-planned trade can still lose, and an unplanned trade can still win. The checklist is about process, not outcomes.

Risk & liability disclaimer: This tool is an educational self-check checklist only. It is not financial, investment, or tax advice, and it does not predict whether any specific trade will win or lose. Trading Habits is not a broker-dealer, registered investment adviser, or tax professional, and is not affiliated with any broker, exchange, or data provider. Always verify results independently and consult a licensed professional before making any trading or financial decision.

Should I take this trade right now?

Check What's True For This Trade

Your Result

How this is calculated

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