Don't get into a position if you can't answer the following questions:
- Can I be in this trade responsibility? would this trade need a bigger stop for it to work therefore I need to give it enough wiggle room, mental capital, and loss capital for the trade to work.
- Can I define my risks, not whether I can be on the right side of it? If my stop loss is A, can get as close a price to A so that it's worth it for me to take the amount of risk at A? Is my up side enough to make this trade worthwhile meaning I'd have to have the mental capacity to let it run a bigger move.
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