Clearing Execution Hesitation and Trusting Pre-Planned Levels
• Missed high-conviction setup in energy, despite price hitting the exact pre-marked level with volume confirmation.
• Reinforced first-touch entry principle, removing need for re-validation when plan and live action align.
• Discussion on fear of being wrong, with hesitation tied more to emotion than data or price structure.
• Refined scaling strategy, focusing on committing to initial size and layering in only when trend extends.
• Reminder that clean setups are rare, and over-skipping them leads to chasing lesser-quality trades later.
• Friday challenge issued: team must take the first clean setup without delay and review results during end-of-week debrief.
Summary
the team analyzed another missed A-tier opportunity—this time in the energy sector. The trade hit the pre-marked level with volume confirmation, but hesitation caused it to be skipped. Ernie emphasized that when plan and price align, execution must be immediate—there’s no need to wait for a second confirmation.
The discussion turned to the psychological barrier behind this delay: fear of being wrong. Ernie reminded the team that this fear often shows up when risk isn’t clearly defined or when traders forget that execution is part of a long-term process—not about getting every single trade right.
A refinement was made to the team’s scaling strategy: rather than entering partial size and waiting for more confirmation, traders should commit to size when the setup is clean and scale only if the trend begins to extend. The session wrapped with a reminder that clean setups are rare, and skipping them often leads to chasing worse setups later.
To close, a Friday challenge was issued: every trader must take the first clean setup they see tomorrow—no hesitation—and come prepared to review the results at the weekly debrief.