Sunday, January 28, 2018

Reverting to old Weekly Reviews / Weekly Review

Slump from last 2 weeks has me change back to the old weekly review system.

GOALS REVIEW From Jan 1st:
1 Book per 2 weeks
I finished:
The Disciplined Trader (Mid Dec-Wk 1)
Trading in the Zone (Wk 2)
MoMo Traders (Wk 3)
Reminiscences of a Stock Operator (In Progress)

1 Webinar per day
Challenge webinars aren't as of quality as I originally thought.  I will be going through the NEW webinars every week on saturdays.

Raise the consistency of AM / PM Rituals to 5/week
Just finished reviewing my January Progress, contrary to my guess--i'm more consistent with my AM rituals and have less RED on my PM rituals, I DO KNOW that last week's PM rituals were made as a catchup and were made DURING the AM rituals.  So in a way, i did do them but on the wrong time.  But progress was made.  Also, on my AM ritual--the 5min Exercise was a fail.  I AM Planning to start including a weekly workout routine soon however.

I started Jan 1-8 strong with meditating.  Missed until Jan 15 and restarted until Jan 26 and forming a new streak.  I noticed once I stopped meditating, and missing my routines--I started to go into my old ways and had a slump.  Outprocessing obstacles and a ton of random appointments waned my resilience + failure of the new weekly review system---I was finally overcome by my adversities this last week--hence reverting back to what worked.

Things MANDATORY this week:
1 - B*** EPR
2 - T*** Phase II letter / AFTR
3 - B*** Phase II letter / AFTR
4 - Sched Dental Annual
5 - Sched Opto Annual
6 - Reset CAC
7 - Get Sleep Study Referral
8 - RESET ETS/MOVE.MIL ACCOUNT

Schedule for the Upcoming Weeks:
Sunday
- Get through Work alive
- 1, 2, 3, 4, 5, 6, 7, 8.

Monday
- Get through Work alive
- 1, 2, 3, 4, 5, 6, 7, 8.

Tuesday
- Get through Work alive
- 1, 2, 3, 4, 5, 6, 7, 8.

Wednesday
- Get through Work alive
- 1, 2, 3, 4, 5, 6, 7, 8.

Thursday
- Screen Time, After Hours Scan

Friday
- Pre-Market Scan, Screen Time, After Hours Scan

Saturday
- Finish reading BOOK / Finish Sykes Webinars, Finish WarriorTrading Webinars/Youtube

GOAL:
BOOK
- FINISH Reminiscences of a Stock Operator
- Finish Week's Challenge/WarriorTrading Webinars/Videos
- Increase Meditations to 15mins / Day

JANUARY 28-FEBRUARY 3
- WEBINARS / Screen Time getting habits into muscle memory

FEBRUARY 4-FEBRUARY 10
- WEBINARS / Screen Time getting habits into muscle memory

FEBRUARY 11-FEBRUARY17 (On Leave)
- WEBINARS / Live Trading Series of Trades

FEBRUARY 18-FEBRUARY 24 (On Leave)
- WEBINARS / Live Trading Series of Trades

Habits Update

Rituals for Everyday
As soon as I wake up (Morning Ritual)
- Make bed
- Drink Water/Take Vitamins
- Floss/Brush Teeth/Listerine
- Record Blood Pressure/5min Journal/Plan out my day
- 15 mins Headspace

On the road to work
- 30mins of Productivity/Discipline/Motivation/Habit-related Audio

Once I have downtime at work
- Challenge Content/ Warrior Trading Content

On the road from work
- 30mins of Anything / Relaxation Music

As soon as I get home (Screen Time)
- Exercise, Shower 0630-0730
- Post-Market Scans / Yesterday's Recap / Meditation 0730-0810
- Pre-Market Scans 0810-0825


- Screen Time 0830-1000
- Bed routine by 1100 Asleep by 1200



"Once I have a system, the only thing that matters is the six inches between my ears..."


--------------------------- For February-------------------------------
**** Gamblers think about profits, Traders think about Risk ****
Shifting my attitude/mindset from making money and towards:

1) Risk Management
- Know risk prior to trade
- Know stop loss prior to trade
- Size position accordingly to the stop loss
- ACCEPT RISK !!

2) Managing Emotions
- No more zombie trading
- No more revenge trading

3) Managing Mind
- Regular Meditations
- Objectivity Exercises

Mandatory Weekly Goals....
A) Zero (0) Zombie trades
B) Zero (0) Revenge trades
C) Trade only quality/Go-To-Setups.. (Think retired trader)

** Something I want to do in the future--Watch a stock's price action with NO indicators


Rule: If I have either 1 zombie trade or 1 revenge trade during February, I will sit out from trading for a mandatory 1 week cooling off. This will be a negative incentive that will turn me off from making those type of trades since almost all my motivation and raison d'ĂȘtre currently is daytrading.

*** ACCEPTANCE ***

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