Author Archives: Conor Browne
Prioritizing Precision Entries and Managing Sector Rotations
• Missed early opportunities in energy stocks, where the team hesitated despite confirmation of breakout setups.
• Refinements to the ‘big ass fly’ strategy, emphasizing tighter entry zones and faster profit-taking in high-volatility conditions.
• Increased focus on volume confirmation, requiring alignment with price action to validate trade entries more effectively.
• Discussion on dynamic stop-loss placement, adapting stops in real time based on volatility rather than fixed point systems.
• Shift in sector allocation, moving away from underperforming financials and targeting momentum plays in healthcare and tech.
• Commitment to avoiding overtrading, particularly during midday chop, reinforcing patience until clearer setups form.
Summary
the team analyzed missed opportunities in energy sector breakouts, emphasizing the need to act quickly when setups meet predefined criteria. Ernie stressed refining the ‘big ass fly’ strategy by focusing on tighter entry zones and speeding up profit-taking in high-volatility situations.
The session covered increasing the emphasis on volume confirmation, ensuring that price movement aligns with volume spikes before taking trades. Dynamic stop-loss placement was also discussed, with a shift away from static stops toward real-time adjustments based on current volatility.
Sector rotation analysis led to the decision to move capital away from underperforming financial stocks and focus more on healthcare and tech momentum plays. Ernie concluded by reinforcing discipline, encouraging the team to avoid overtrading during less active periods and only engage when setups offer clear potential.
Tightening Execution and Reinforcing Sector Focus
• Consistent hesitation on early-session breakouts, particularly in the tech sector, resulting in missed entries despite clear signals.
• Refinement of stop-loss strategies, implementing ATR-based dynamic stops to better manage risk during increased volatility.
• Review of profit-taking discipline, with several trades closed prematurely, cutting short potential gains on confirmed trends.
• Shift in focus toward small-cap healthcare stocks, after mid-week data showed increased institutional buying and volume surges.
• Emphasis on avoiding overtrading during midday sessions, where choppy price action led to a lower win rate and increased risk exposure.
• Commitment to pre-market preparation, ensuring readiness for fast-moving opportunities and reducing hesitation at open.
Summary
the team reviewed execution across the previous week, focusing on consistent hesitation during early-session breakouts, particularly within tech names. Ernie stressed the importance of pre-market preparation and being ready to act decisively when trade signals align.
Refinements were made to the team’s stop-loss strategy, moving to ATR-based dynamic stops to better accommodate market volatility and reduce unnecessary stop-outs. There was also a review of profit-taking, with an acknowledgment that some trades were closed too early, sacrificing additional upside on solid trends.
The team shifted sector focus toward small-cap healthcare stocks, following data showing increased institutional participation and volume spikes. Ernie emphasized the need to avoid overtrading during midday chop and reinforced the value of maintaining patience until high-probability setups emerge.
The session concluded with a renewed commitment to structured pre-market routines, ensuring the team is ready to capitalize on key opportunities without hesitation.
Enhancing Reaction Speed and Sector Allocation Strategies
• Delayed entry on tech sector breakout trades, highlighting the need for quicker reaction at key price levels.
• Adjustment to the ‘big ass fly’ strategy, focusing on early exits during mid-morning reversals to protect profits.
• Refinement of watchlist selection, adding small-cap healthcare stocks that displayed unexpected pre-market volume surges.
• Review of stop placement tactics, shifting toward a more dynamic approach based on real-time support levels instead of fixed percentages.
• Discussion on overtrading during midday consolidation periods, reinforcing discipline and patience to avoid low-quality setups.
• Implementation of pre-market execution drills, designed to improve readiness and reduce hesitation on validated trade signals.
Summary
the team evaluated the missed early opportunities on tech sector breakouts due to delayed entries at critical price levels. Ernie emphasized the importance of increasing reaction speed and executing pre-planned setups without hesitation.
The ‘big ass fly’ strategy was reviewed, with a new focus on taking profits earlier, particularly when mid-morning reversals threaten open gains. The watchlist was updated to include small-cap healthcare stocks showing strong pre-market activity, expanding sector focus beyond tech and financials.
Stop placement techniques were discussed, shifting from fixed-percentage stops to dynamic levels based on live support zones. The team also addressed issues with overtrading during midday sessions, reinforcing the importance of patience and focusing only on high-probability opportunities.
To close the session, Ernie introduced pre-market execution drills aimed at sharpening the team’s readiness and ensuring more decisive action when trade criteria are met.
Executing on Sector Strength and Tightening Trade Management
• Late entry on early financial sector moves, with focus on improving readiness for pre-market planned setups.
• Adjustment to the ‘big ass fly’ strategy, shortening trade duration to capture rapid moves in small-cap names.
• Refinement of stop-loss placement, using volatility-based levels to prevent unnecessary stop-outs in choppy conditions.
• Review of missed healthcare setups, emphasizing the importance of rotating focus to emerging sector strength.
• Reinforcement of avoiding FOMO-driven trades, ensuring setups meet full criteria before execution.
• Implementation of post-trade review sessions, aimed at identifying execution gaps and improving future performance.
Summary
the team reviewed missed opportunities in the financial sector due to hesitation on early planned setups. Ernie emphasized the importance of executing pre-market plans without delay when confirmation levels are hit.
The ‘big ass fly’ strategy was refined, with an emphasis on shorter trade durations to capitalize on sharp moves in small-cap stocks. The team discussed refining stop-loss placements, introducing volatility-based adjustments to avoid being prematurely stopped out in sideways markets.
Missed healthcare setups were also highlighted, prompting a shift in focus toward sectors showing relative strength. Ernie reinforced the importance of avoiding trades driven by FOMO, ensuring every setup aligns with technical criteria before entering.
The session closed with a plan to implement post-trade review sessions, focusing on bridging gaps in execution and continuously improving decision-making processes.
Executing on High-Probability Setups and Sector Rotation Adjustments
• Delayed reaction to early tech sector breakouts, with action steps discussed to improve readiness and execution speed off the open.
• Refinement of the ‘big ass fly’ strategy, shortening the holding window to take advantage of quicker momentum reversals in financials.
• Implementation of stricter trade entry criteria, requiring higher confluence between moving averages, volume spikes, and price structure.
• Review of overtrading tendencies, especially during midday sessions when market conditions became choppy and setups less reliable.
• Adjustment in stop placement strategy, focusing on dynamic stops based on ATR (Average True Range) rather than static points.
• Sector rotation focus shifted to healthcare, after observing weakness in previously favored energy names.
Summary
the team analyzed execution delays on early-session tech breakouts. Ernie emphasized the need for faster reactions and maintaining readiness at the open to capitalize on high-momentum setups.
Refinements to the ‘big ass fly’ strategy were discussed, specifically reducing the holding window to better align with quicker reversals, especially in financials. The team agreed on implementing stricter trade entry filters—demanding clearer alignment between moving averages, volume confirmation, and structural support/resistance zones before executing.
A key point addressed was the tendency to overtrade during low-probability midday conditions, with a reminder to step back when the market lacks clear direction. Stop placement strategies were also adjusted, moving to dynamic, ATR-based stops to better reflect volatility rather than relying on static levels.
Finally, sector rotation analysis identified healthcare stocks as new focus areas, while energy plays were deprioritized due to consistent underperformance.
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.
Executing on Sector Strength and Tightening Trade Management
• Late entry on early financial sector moves, with focus on improving readiness for pre-market planned setups.
• Adjustment to the ‘big ass fly’ strategy, shortening trade duration to capture rapid moves in small-cap names.
• Refinement of stop-loss placement, using volatility-based levels to prevent unnecessary stop-outs in choppy conditions.
• Review of missed healthcare setups, emphasizing the importance of rotating focus to emerging sector strength.
• Reinforcement of avoiding FOMO-driven trades, ensuring setups meet full criteria before execution.
• Implementation of post-trade review sessions, aimed at identifying execution gaps and improving future performance.
Summary
the team reviewed missed opportunities in the financial sector due to hesitation on early planned setups. Ernie emphasized the importance of executing pre-market plans without delay when confirmation levels are hit.
The ‘big ass fly’ strategy was refined, with an emphasis on shorter trade durations to capitalize on sharp moves in small-cap stocks. The team discussed refining stop-loss placements, introducing volatility-based adjustments to avoid being prematurely stopped out in sideways markets.
Missed healthcare setups were also highlighted, prompting a shift in focus toward sectors showing relative strength. Ernie reinforced the importance of avoiding trades driven by FOMO, ensuring every setup aligns with technical criteria before entering.
The session closed with a plan to implement post-trade review sessions, focusing on bridging gaps in execution and continuously improving decision-making processes.
Tightening Trade Execution and Focusing on Reliable Setups
• Missed early entry on financial sector strength, with a discussion on improving speed in execution when key levels are hit.
• Refinement of ‘big ass fly’ strategy, narrowing the trade window to focus on early-session momentum instead of holding through midday chop.
• Review of premature exits, with trades closed before hitting targets due to overreliance on short-term pullbacks as exit signals.
• Shift in sector focus, deprioritizing energy after observed weakness and rotating into healthcare names showing consistent volume inflows.
• Implementation of stricter entry criteria, requiring alignment of trend, volume, and momentum indicators before execution.
• Reinforcement of managing trade emotions, particularly avoiding re-entry after being stopped out without a confirmed new setup.
Summary
the team reviewed execution speed issues, especially with missed early entries in financials despite price action confirming key levels. Ernie emphasized adapting the ‘big ass fly’ strategy to focus on capitalizing on early-session momentum rather than holding through less predictable midday price action.
The discussion also covered premature exits on several trades, with an overemphasis on short-term pullbacks leading to missed profits. The team agreed on shifting sector focus away from energy, which underperformed, and rotating attention to healthcare stocks showing strong volume.
To increase trade quality, stricter entry criteria were implemented, requiring full alignment between trend, volume, and momentum signals. Ernie concluded with a reminder about emotional management, discouraging reactive re-entries after stop-outs unless a fully validated setup presents itself.
Refining Trade Precision and Reacting to Midweek Market Shifts
• Late reaction to early energy sector strength, with missed opportunities on initial breakouts due to slow execution.
• Focus on adapting the ‘big ass fly’ strategy to capture short bursts of momentum instead of waiting for trend continuation.
• Reevaluation of stop placement, after two trades were stopped out prematurely by minor pullbacks before resuming the trend.
• Adjustment in watchlist prioritization, emphasizing small-cap tech stocks showing relative strength during mid-morning rotation.
• Reinforcement of taking partial profits early, especially in choppy conditions where full moves didn’t materialize as expected.
• Discussion on maintaining execution discipline, avoiding revenge trades after early losses and sticking to planned setups.
Summary
the team focused on execution timing issues, particularly regarding missed trades in the energy sector due to delayed reactions to early breakout signals. Ernie emphasized the need to adapt the ‘big ass fly’ strategy to favor quicker profit targets by capitalizing on short bursts of momentum rather than waiting for extended trends.
There was a reevaluation of stop placement techniques after a couple of trades were closed prematurely, only for the setups to recover and play out as expected. The team also discussed improving watchlist prioritization, shifting more focus toward small-cap tech names that demonstrated relative strength during sector rotation.
Partial profit-taking strategies were reinforced, especially in choppy markets where full position holds became less effective. Ernie concluded the session with a reminder to maintain execution discipline, avoiding emotional trading and focusing on high-probability, pre-planned setups.