This (May) MONTH'S FOCUS is Being Selective and
Trading ONLY PLAYBOOK Plays
Trading ONLY PLAYBOOK Plays
GTOs til End of May:
GOALS TIL END OF MAY:
1) GapUP Short or Bounce Shorts Only, Rest will be annotated until 10trades have been captured then possibly consider risking real capital
TRADING GOALS TIL END OF MAY:
1) NO LONGS AT ALL!!!
2) ALL TRADES are based on the 5min Chart.. FCK the VWAP focus on LINES !!!
2) ALL TRADES are based on the 5min Chart.. FCK the VWAP focus on LINES !!!
4) No Experimentation. PLAYBOOK TRADES ONLY !! NO TRADING PAST 11AM CST unless MBOT Type-Trade
5) Focus on starting your day with 1 playbook trade. **DO my After Trade Actions (ATA) !!!** Monitor execution of ATAs, refine as needed.
Learning Lesson: Once I've located a stock to trade--IGNORE THE CHATROOM !! Chatrooms are to be used as a SCANNER ONLY !!
Learning Lesson: Listen to Emotion > Change my state > ASK QUESTIONS > Focus on the process/grind. Shrug it off and keep moving forward !!
I'm sooo tired of getting tossed around by long strats FOMOing me around and getting me tunnel visioned.. FCK THE 1min Chart and FCK the lvl 2 + Time and Sales..
PREMEDITATIO MALORUM
FEAR SETTING / FEAR REHEARSAL for the week:
DEFINE ----------------------------- PREVENT ----------------------------- Repair
1) FOMO ------------------------------Pre-Market Preparation -------- Sleep on Time to wake up on time
2) FOMO ----------------------- Follow ONLY Playbook Trades --- There's always opportunity LATER
3) Fear of Losing $$$$------ Bracket the orders and let SL get hit ------- Reassess if Entry was correct
WHAT ARE THE BENEFITS OF PARTIAL SUCCESS:
1) As long as I remain resilient and refine my systems--I am one step closer to CPT
2) If I wake up early enough--I will be awake for screen time and accomplish more tasks.
3) If I reduce FOMO trades--I will preserve my capital and improve my discipline.
Accept the emotions and no longer identify with them. It's much easier to see things in the external world without passing judgement on them..
