Reviewed/updated 2026-07-31
Educational use only
Transparent formulas
No live prices or individualized advice
Action checklist
- Separate sunk loss from current decision quality.
- Estimate the recovery target and likely holding period.
- Compare with a hypothetical alternative return entered by you.
- Account for additional downside and concentration risk.
Use this checklist before entering the trade and again before adjusting or closing. If a required input is unknown, mark it unavailable instead of inventing it.
Download the printable checklistOptional next step
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