---
title: "What should I check before placing my first trade?"
description: "First-trade checklist."
url: https://help.finotivefunding.com/en/articles/892-what-should-i-check-before-placing-my-first-trade
collection: "Starting to Trade"
updated: 2026-10-16
language: en
---

# What should I check before placing my first trade?

First-trade checklist.

-   Account type and phase.
    
-   Daily Drawdown and Maximum Drawdown.
    
-   Floating Drawdown threshold.
    
-   Notional Volume Calculator.
    
-   Minimum Profitable Days requirement.
    
-   Weekend Holding rules if using Instant Funding.
    
-   Trading behaviour rules such as scalping, HFT, liquidity abuse, and one-sided concentration.
    
-   Open positions and account status.
    

**Related Terms:** Sections 7, 8, 9, and 10