Most traders pick a size first — then invent a stop after they're already in.
That's backwards. If you can't write the kill level, you shouldn't be sizing at all.
Invalidation First — 4 gates before entry:
1) THESIS — one clear reason the trade exists
2) KILL — exact invalidation (price level or condition), written down
3) SIZE — risk $ from kill distance (quantity follows the stop, not hope)
4) TIME — max hold / time stop (the clock can invalidate too)
Why this order matters: when kill comes before size, you stop moving stops and revenge-adding. The plan already decided what "wrong" looks like.
Reply KILL if you write invalidation before entry, or SIZE if you usually pick quantity first.
NFA — educational framework only, not financial advice.
#RiskManagement #TradingPsychology #CryptoEducation