TrendlineFinder
← Trendline Course · Module 14 of 15
The Trading Checklist
A repeatable, step-by-step process to run before every single trade.
Use this checklist every time you analyze a new potential trade.
Pre-Analysis
- ☐ I have selected my trading timeframe and will not deviate from it
- ☐ I have opened my charting platform and selected the instrument
- ☐ I have the Ray drawing tool selected (not the Trendline tool)
Top-Down Analysis
- ☐ Monthly: drew primary trendlines, identified overall trend direction
- ☐ Weekly: adjusted lines, added steeper trendlines (previous Point B → new Point A)
- ☐ Daily: adjusted and added steeper trendlines where applicable
- ☐ 4-Hour: added downward trendlines if visible, continued the fan
- ☐ Trading timeframe: final adjustments made; both bullish and bearish lines drawn; no line has price intersecting it
Trade Validity (confirm ALL before entering)
- ☐ A trendline has clearly been broken (full candle close beyond the line)
- ☐ The breakout candle is large relative to recent price action (energy)
- ☐ At least one subsequent candle confirms the direction
- ☐ I checked for equal highs/lows nearby that might indicate a fake out
- ☐ Higher-timeframe context supports the direction of my trade
- ☐ The trade has confluence — at least one extra reason beyond the break (key level, psychological number, fair value gap, structural break)
Trade Execution
- ☐ Entry price identified
- ☐ Stop loss placed (beyond the opposing trendline)
- ☐ Position size calculated (max 1–2% account risk)
- ☐ I know at what point I'll move my stop to break even
- ☐ I know which trendline break signals my exit
- ☐ I will NOT move my stop further away if the trade goes against me
Trade Management (during the trade)
- ☐ When the trade moves significantly in my favor, moved stop to break even
- ☐ As the trend continues, trailed the stop to protect profits
- ☐ Watching for a break of the opposing trendline as the exit signal
- ☐ Not switching timeframes or second-guessing the thesis
Next module: Glossary & Final Thoughts →
Disclaimer: TrendlineFinder is an educational research and charting tool, not a financial advisor. Content is for educational purposes only and is not investment advice. Trading involves risk. © 2026 Wicked RC LLC. · Terms · Privacy · Financial Disclaimer