Improving Execution Speed and Trade Selection
• Consistent hesitation on confirmed entries caused missed opportunities, with a focus on reducing decision lag at execution.
• Review of profit targets being hit but not fully capitalized on, prompting a discussion on holding partial positions longer.
• Sector allocation adjustments, shifting focus toward tech mid-caps as energy stocks underperformed expectations.
• Highlight of strong early-session setups, reinforcing the need for pre-market readiness and immediate responsiveness.
• Adjustment of risk parameters, increasing position size on high-conviction trades while tightening stops on lower-quality setups.
• Emphasis on eliminating emotional re-entry trades, committing to only executing re-entries if technical setups are fully re-established.
Summary
the team focused on execution speed issues, particularly hesitation when entering trades despite meeting all confirmation criteria. Ernie stressed the need to reduce decision-making lag and build confidence in fast execution.
The team also reviewed missed profit potential where trades hit initial targets but failed to capitalize on further extension due to conservative exits. As a response, strategies were discussed to hold partial positions longer when setups remain strong.
Sector allocation was revisited, moving away from underperforming energy stocks in favor of mid-cap tech names showing promising momentum. Additionally, early-session setups were highlighted as particularly effective this week, reinforcing the importance of being prepped and ready to act right at the open.
Ernie led a discussion on adjusting risk parameters, advocating for increased size in high-conviction trades while minimizing risk on speculative setups. Finally, the team committed to eliminating emotional re-entry trades and maintaining strict discipline by only re-engaging if a clear technical setup re-forms.