🧠 QUIZ - How to Use the Wyckoff Execution Checklists

When should a checklist be used?

A. After entering a trade to confirm the decision

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B. Only on large or important trades

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C. Before every trade, without exception

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D. Only when the market looks uncertain

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Which checklist must always be completed first?

A. Spring / Test of Spring

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B. Upthrust / Test of Upthrust

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C. Normal Correction

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D. Five Steps Execution Checklist

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What does an unchecked box mean?

A. The condition is probably present

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B. The condition is unclear or not present

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C. The condition can be ignored

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D. The condition may develop later

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When should a trade be taken?

A. When most checklist items are checked

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B. When the chart “looks good”

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C. When all critical checklist items are confirmed

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D. When price begins moving in your favor

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Which statement about setup-specific checklists is correct?

A. Multiple setup checklists can be used on one trade

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B. The checklist closest to fitting the chart should be used

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C. One—and only one—setup checklist should be used per trade

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D. Setup checklists are optional

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What is the purpose of the “Notes / Invalidation” section?

A. To summarize why the trade is likely to work

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B. To record the entry price

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C. To define what would prove the trade wrong

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D. To document profits after the trade

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Which situation requires standing aside?

A. The checklist is mostly complete

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B. The setup looks strong but one key item is missing

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C. The market is volatile

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D. The trade aligns with a long-term opinion

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What are the checklists NOT designed to do?

☐ Generate trade signals

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☐ Predict market direction

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☐ Replace analysis

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☐ Enforce discipline

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A,B, and C

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B, C and D

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When should boxes be checked?

A. After entry

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B. When price confirms the trade

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C. Only if the condition is clearly present

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D. When the trader feels confident

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If a trade does not pass the Five Steps Checklist, what is the correct action?

A. Use a setup checklist anyway

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B. Reduce position size

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C. Wait for confirmation after entry

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D. Do not take the trade

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🧠 QUIZ – How to Use the Wyckoff Execution Checklists

🧠 QUIZ – How to Use the Wyckoff Execution Checklists

Todd Butterfield January 2, 2026

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🧠 QUIZ – How to Use the Wyckoff Execution Checklists

🧠 QUIZ – How to Use the Wyckoff Execution Checklists

Todd Butterfield January 2, 2026

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