PROCESS
Steps |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
15 |
|
prayer |
self-analysis |
position |
market |
stalk+sum |
trade |
identify |
mental |
action |
capture |
debrief |
monitor |
closing |
OPEN |
TRANS |
DRESSED TO TRADE TOPICS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PREPARATION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prep-Self Mastery |
x |
x |
|
|
|
|
|
|
|
|
|
|
|
|
|
Market Type + Strategy |
|
|
|
x |
|
|
|
|
|
|
|
|
|
|
|
Rules / System |
|
|
x |
|
x |
|
|
|
|
|
|
|
|
|
|
Risk |
|
|
x |
|
|
|
|
|
|
|
|
|
|
|
|
Position Sizing |
|
|
x |
|
|
|
|
|
|
|
|
|
|
|
|
Contingency |
|
|
|
|
|
|
|
|
x |
x |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DRESS UP |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Zero State |
|
x |
|
|
|
|
|
|
|
|
|
|
|
|
|
Timeframe |
|
|
|
|
x |
|
|
|
|
|
|
|
|
|
|
Objectives |
x |
|
x |
|
|
|
|
|
|
|
|
|
|
|
|
Market to trade |
|
|
|
x |
|
|
|
|
|
|
|
|
|
|
|
Psychology - useful beliefs |
x |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Risk tolerance |
|
|
x |
|
|
|
|
|
|
|
|
|
|
|
|
Resources (time,$$, skills) |
pre-flight |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Market beliefs |
|
|
|
x |
x |
|
|
|
|
|
|
|
|
|
|
Position Sizing |
|
|
x |
|
|
|
|
|
|
|
|
|
|
|
|
Market, concept, strategy |
|
|
|
|
x |
|
|
|
|
|
|
|
|
|
|
Market Type |
|
|
|
|
x |
|
|
|
|
|
|
|
|
|
|
What looks and feels good |
|
|
|
|
|
|
|
|
x |
|
|
|
|
|
|
patience (wait for oppo'ty) |
|
|
|
|
x |
|
|
x |
x |
|
|
x |
x |
|
|
reflection / debrief |
x |
|
|
|
|
|
|
|
|
|
x |
|
|
|
|
monitoring |
|
|
|
|
|
|
|
|
|
|
|
x |
|
|
|
protection |
|
|
|
|
x |
|
|
|
|
|
|
|
|
|
|
Exits |
|
|
|
|
|
|
x |
|
|
|
x |
x |
x |
|
|
Tools of the Trade |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BUSINESS AS USUAL |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nature of the business |
pre-flight |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Training and educ |
pre-flight |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
procedure / operations |
this is it! |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
documentation / info mngt |
|
|
|
|
|
|
|
|
x |
x |
|
|
|
x |
x |
organization |
pre-flight |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
contingency planning |
|
|
|
|
|
|
|
|
x |
|
|
|
|
|
|
business structure and tax |
pre-flight |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
growing the business |
x |
|
x |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|