Most traders obsess over the entry candle.

Very few write the exit first.

That's why stops get walked, size gets inflated by "conviction," and one bad add turns a plan into a hope trade.

Here is a simple pre-trade checklist. Four checks. No ticker required.

1) Invalidation price — written first

Before you size, write the exact price (or condition) that kills the idea.

If you can't name it in one line, you don't have a trade — you have a wish.

2) Size from stop distance, not conviction

Risk $ ÷ distance to invalidation = quantity.

Feeling "sure" does not widen your account. Distance does.

Big conviction + tiny stop distance still equals oversized risk if you skip the math.

3) One add, max — and only if thesis intact

One scale-in is allowed only when the original reason to be in is still true.

If you are adding because you are underwater, that is not an add. That is averaging hope.

4) If you move the stop farther, you rewrote risk

Widening a stop without rewriting the thesis is a silent leverage increase.

Same idea. Bigger loss. Pretending nothing changed.

Rule: no written exit = no entry.

Plan the invalidation, the size, and the max add before you fill — not after P&L starts talking.

Reply PLAN if you write the exit first.

Reply WING if you usually figure it out live.

NFA — educational framework only, not financial advice.

#Trading #CryptoEducation