Psychological and Emotional attributes.

Checking our tendencies to revert to common psychological and emotional errors in decision making.

• Emotional over reliance
  • Am I making a decision based on pure emotion rather than information (Panic, Fear, Greed, chasing the market?)
    • [ ] Yes
    • [ ] No
• [Over weighting the emotional impact of losses (real or percieved)](https://www.investopedia.com/terms/p/prospecttheory.asp#:~:text=The prospect theory says that,in terms of potential gains.)
  • Am I making a decision simply because I am feeling the pain of losses and irrationally projecting them into the future?
    • [ ] Yes
    • [ ] No
• Groupthink
  • Am I blindly flowing the crowd without being conscious of it?
    • [ ] Yes
    • [ ] No
• Emotional attachment
  • Am I making this decision simply because I already own this asset? Would my decision be different if I did not own this asset already?
    • [ ] Yes
    • [ ] No

Fundamental attributes

Checking our tendencies to make decisions about relative price, rather than relative value.

• Value drivers
  • Do I have fundamental value drivers (Wallet addresses, Developer activity etc...) that are signalling that this is a “good” price?
    • [ ] Yes
    • [ ] No
• Positive Momentum
  • If following a price trend, do I have the signals that tell me that there is force behind the trend? (Volume, Derivatives markets etc)
    • [ ] Yes
    • [ ] No
• On Chain analysis
  • Have I looked at on chain analytics that express a notion of a over or under valued market?
    • [ ] Yes
    • [ ] No
• Technical entry
  • If using charts, does the technical set up confirm my decision to buy or sell?
    • [ ] Yes
    • [ ] No

Probabilistic attributes

Checking that the risk/reward profile of a decision is adequate.

• Expected value
  • Is the expected value of this decision large enough? Have I thought about the expected value of this decision?
    • [ ] Yes
    • [ ] No
• Outcomes and probabilistic scenarios
  • After this decision, what will be the position that I am in different scenarios of best or worst case (Bull, Bear, Base cases)
    • [ ] Position of strength
    • [ ] Position of weakness
    • [ ] Neutral position
• Exit points and plan
  • Do I have a planned exit in both positive (profit taking) and negative (stop loss) scenarios?
    • [ ] Yes
    • [ ] No