🗡️DAGGER TRADING

Trader Tools

Dagger Setup Score

Score how clearly your trade setup is defined before you put capital at risk.

This is not a trade prediction.

A high score does not mean a trade will win. A low score does not mean it will lose. The Dagger Setup Score evaluates the structure of your plan based on the answers you provide.

Optional. The ticker is only a label for your result and does not affect your score.

Trading Style

What type of trade are you evaluating?

Scalping? This tool is designed for trades where you have time to define and evaluate a setup before entering. It is not intended for rapid-fire or split-second scalping.

Question 1 of 7Tap an answer to continue

One question at a time. Answer what is actually true about the setup, not what gives you the highest score.

1. Trend Alignment

Is the stock generally moving in the same direction as the trade you're considering?

Newer trader? Trend is simply the stock's broader direction, generally up, down, or sideways.

ⓘ Why this matters

Trading with the broader direction can make a setup easier to define. Trading against it may require stronger evidence and tighter risk control.

2. Momentum

Is recent price action showing strength in the direction you want to trade?

Newer trader? Momentum means how strongly price is currently moving in one direction.

ⓘ Why this matters

A trade idea can look good while recent price action is moving the other way. Momentum helps you check whether buyers or sellers are actually supporting your idea.

3. Key Level

Is your trade idea based around a clear price area, such as support, resistance, a breakout level, VWAP, or a moving average?

Newer trader? A key level is simply a price area you believe matters to the setup.

ⓘ Why this matters

A clear level gives your trade structure. It can help define where you want to enter, what you are watching for, and where the idea may stop making sense.

4. Invalidation

Do you know what price or condition would tell you your trade idea is wrong?

In plain English: What would have to happen for you to say, “My original idea is no longer valid”?

ⓘ Why this matters

Knowing where you are wrong before entering can help prevent a planned trade from turning into an emotional hold.

5. Risk / Reward

Have you compared how much you're willing to lose if you're wrong with how much you could reasonably make if you're right?

Newer trader? This is your risk versus reward: planned downside compared with realistic upside.

ⓘ Why this matters

A setup should have a defined downside and a realistic upside. Comparing the two helps you understand what you are risking before you enter.

6. Entry Quality

Are you entering near a planned area instead of chasing because the stock is already moving?

ⓘ Why this matters

A good setup can still offer a poor entry. Chasing after a large move can increase risk and make it harder to define where you are wrong.

7. Upcoming Events / Catalyst Risk

Is there an upcoming event, such as earnings, economic data, a lockup expiration, or major company news that could suddenly affect the stock?

Catalyst: An event or piece of news that can cause a significant price reaction.

ⓘ Why this matters

Scheduled events and unexpected news can quickly change price behavior. Knowing what is ahead helps you avoid being surprised by a risk you could have identified.

Your final answer reveals the score.

Your Process Score

0 / 100

What does this score mean?

Areas to review

Start with the weakest parts of your plan. We’ll show up to three so the result stays focused.

Remember: This is a process score based on your answers. It is not the percentage chance that the trade will work.

🗡️ Wait for confirmation, not assumption.

For educational and informational purposes only. The Dagger Setup Score is not financial advice, a recommendation, a probability estimate, or a prediction of future performance. Trading and investing involve risk, including loss of principal.