Ten yes/sometimes/no questions, a score out of 100, and a path to fix the weakest link.
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1. I define my maximum loss in dollars before entering a trade.
2. I always use a stop-loss order or a hard mental stop.
3. I risk a fixed percentage of my account on every trade.
4. I avoid risking more than 2% of my account on a single trade.
5. I calculate position size from my stop distance, not from intuition.
6. I plan a take-profit level or rule before entry.
7. I review losing trades to learn from them.
8. I never revenge-trade after a loss.
9. I keep a trading journal.
10. I understand that trading involves risk of capital loss.
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Developing — convert 'sometimes' answers to 'yes' with a checklist.
Answer ten questions about your trading habits. The tool returns a score out of 100, a profile label (Beginner, Developing, Disciplined, Strong), and educational suggestions on what to work on.
Six yes answers, two sometimes, two no → score 70/100, profile 'Disciplined'. Suggestion: use the Position Size Calculator for every trade for a month to convert 'sometimes' answers to 'yes'.
Create a free ChartsQuest account to read the full article — and unlock the entire five-level quest while you're here.
Sign up freeCalculate how many units to buy or sell so your loss stays inside your risk budget.
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balance_outlineFind the minimum win rate your average win and loss require to break even.
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checklistBuild a simple, copyable educational trading plan template.
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No — it measures habits. Skill comes from repetition and review. Habits make repetition possible.
No. Answers stay in your browser only. Nothing is sent to a server.
No, the tool is free and works without signing in.
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