PROCESS Steps

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

prayer

self-analysis

position

market

stalk+summary

trade

identify

mental

action

capture

debrief

monitor

closing

OPEN

TRANS

FUNCTIONS

Research and Education

Markets

x

x

Market Type and Strategies

x

What Concepts to use

x

System (Rules) including Position Sizing (TM)

x

x

What moves the markets?

x

Market selection / What to Trade

x

Others

x

Developing Self-Mastery

Risk Control

x

x

x

Stress Management

x

x

x

Attitudes and Beliefs

x

Practice Trading

outside of

Zero State / Mental prep

x

x

x

x

Business Planning

Objectives

x

x

Spending Money

x

Timeframe

x

x

Plan B (backup plan)

x

x

x

Actual Trading

Look for Opportunity

x

x

Am I following the Rules

x

x

Open

x

x

x

x

x

x

Monitor the trade

x

x

Close (Profit or Stop)

x

Documentation/ Filing

x

x

x

x

Performance Monitoring

x

x

x

Are you able to work? sleep at night?

Are you too excited?

Are your Objectives being met?

Are you following your System / Rules?

Get Back to Trading/ Improve

outside of