Monday, April 9, 2018

Weekly Review Apr 2/5

This whole week will be for just getting into the routine of my morning habits / pre-market / post-market scans.  50% is just showing up.

Schedule for the Current Week:
Sunday
- Catch up

Monday
- Catch up

Tuesday
- CC Meeting
- vMPF checklist completion
- 2hrs - 6hrs DUX

Wednesday
- Screen Time
- 2hrs - 6hrs DUX

Thursday
- S1 Outprocessing
- 2hrs - 6hrs DUX

Friday
- MPF Outprocessing
- 2hrs - 6hrs DUX

Saturday
- Review

GOALS FOR THIS WEEK:
- Account for activities / goals this week


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


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

1) Risk Management
- Have plan before trade
- 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, 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 ***