Tag Archives: Big Ass Fly

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Daily Meeting for Wednesday April 9

Posted on by Conor Browne

Cleaning Up Late Entries and Rebuilding First-Trigger Trust

• Team hesitated on a clean early breakout in tech, then chased late with worse fills and less conviction.

• Ernie reiterated: execution must happen at the first trigger—not on the retest, not “once it looks better.”

• “Chase recovery” behavior highlighted, where skipped A-setups led to overtrading during midday chop.

• Reinforcement of entry tagging system—Clear, Gray, or Choppy—to build data around trade quality.

• Reminder to use starter size on A-setups, especially when price hits the exact level discussed in prep.

• Thursday goal re-set: everyone must execute the first A-tier setup with starter size—no filters, no second-guessing.

Summary

the team broke down another missed A-tier trade in the tech sector. Despite price hitting the planned level with confirmation, several traders hesitated and waited for “better” entries. When they did act, it was late—leading to worse fills and shaken conviction.

Ernie called out this pattern as “chase recovery,” where the guilt of missing clean setups leads to overtrading lower-quality ones during midday chop. The team reviewed trade logs showing how this sequence consistently results in worse outcomes.

To correct this, everyone recommitted to first-touch execution using starter size, especially when price taps a pre-marked level. The tagging system (Clear, Gray, Choppy) was reinforced as a self-assessment tool to help categorize and reflect on execution quality.

Thursday’s goal was reset: every trader must take the first clean A-tier setup at trigger—no hesitation, no edits.

Archive, Zoom Daily

Daily Meeting for Monday March 31

Posted on by Conor Browne

Executing Without Delay and Recommitting to Tiered Trade Prioritization

• Missed breakout in large-cap tech despite it being labeled an A-tier setup during pre-market planning.

• Over-analysis of volume confirmation caused hesitation, even when price action already validated the move.

• Refinement to ‘big ass fly’ strategy, focusing on taking partial size entries immediately on key level breaks.

• Emphasis on trusting morning prep, with several missed trades aligning perfectly with pre-drawn levels.

• New accountability system introduced, requiring each trader to note their first hesitation moment of the day for post-session review.

• Reinforced hierarchy of setups, committing to instant execution on A-tier trades regardless of recent trade outcomes.

Summary

the team examined another missed A-tier opportunity in large-cap tech—despite it aligning cleanly with the pre-market plan. Ernie pointed out that volume analysis was over-applied, causing hesitation even after the price had confirmed the level break.

To address this, the team made further refinements to the ‘big ass fly’ strategy—especially using partial size to enter quickly on key breaks and remove execution paralysis. The importance of trusting pre-market work was reinforced, as multiple setups played out exactly as planned but weren’t acted on.

A new accountability system was introduced: each trader will now log their first hesitation moment of the day for end-of-session review, helping to build self-awareness and reduce repeat patterns. Finally, Ernie stressed that trade priority must be respected—if it’s an A-tier setup, it gets executed immediately, regardless of what happened earlier in the session.

Archive, Retrospective

Sunday Retrospective for March 30

Posted on by Conor Browne

Trusting Prep and Executing Without Delay

• Recurring hesitation on A-rated setups, even when pre-market levels were hit precisely.

• Missed follow-through opportunities in tech, where over-filtering led to skipped trades that later performed as expected.

• Adjustment to pre-market routine, adding 5-minute visualization drills to reinforce execution readiness.

• Reinforced use of starter entries, especially during first-hour volatility, to reduce overthinking and improve positioning.

• Losses came mostly from B-tier trades, while skipped trades were predominantly from clean A-setups—highlighting misalignment in focus.

• Team-wide goal set for the week: execute the first A-rated setup without hesitation, regardless of external noise or recent results.

Summary

the team reflected on hesitation and execution misalignment. A key theme was the repeated skipping of clean, A-rated setups—despite those trades lining up exactly with pre-market plans. Ernie emphasized that hesitation is still costing more than losses and that confidence must come from the prep, not from in-the-moment overanalysis.

The team missed several strong follow-through moves in the tech sector after over-filtering during live sessions. As a result, a refinement was made to the pre-market routine: a new 5-minute visualization drill will be added to help cement confidence and readiness for high-conviction trades.

Starter entries were again recommended, particularly in the first hour, to avoid overthinking and ensure better positioning early. Notably, most losses during the week came from B-tier setups, while the most profitable opportunities were missed due to second-guessing A-setups—highlighting a misalignment in execution priorities.

The meeting closed with a clear goal: this week, each team member is to execute the first clean A-rated setup they see, without hesitation—resetting momentum and realigning execution with preparation.

Archive, Zoom Daily

Daily Meeting for Wednesday March 26

Posted on by Conor Browne

Clarifying Setup Criteria and Strengthening Trade Confidence

• Missed top-tier tech breakout due to hesitation, even though all pre-market criteria had aligned cleanly.

• Adjustment to ‘big ass fly’ strategy, now emphasizing reduced trade frequency but higher clarity in entry signals.

• Focus on clarity over perfection, after review showed good trades were skipped chasing “perfect” setups.

• Reinforcement of partial entry technique, using starter size to eliminate overthinking during live price action.

• Daily tagging of setups introduced, labeling entries as “Clear,” “Gray,” or “Choppy” post-execution for self-review.

• Group commitment to decisive execution, with team accountability check-ins scheduled for end-of-week review.

Summary

the team broke down hesitation on a clean, top-ranked tech breakout. Despite full alignment during pre-market review, the trade was skipped due to over-analysis in the moment. Ernie emphasized that precision doesn’t always mean perfection—and that execution confidence must take priority when everything lines up.

The ‘big ass fly’ strategy was refined again to reduce trade volume while increasing clarity and conviction in chosen setups. A new focus was placed on avoiding over-filtering and learning to act on “clear enough” trades instead of waiting for textbook perfection.

To aid decision-making in real time, the team re-committed to using partial entries—especially in the first hour—to eliminate overthinking. A new self-assessment tool was introduced, where each trade is labeled after the fact as “Clear,” “Gray,” or “Choppy” to build self-awareness and pattern recognition.

Ernie closed by reinforcing the need for decisive execution and introduced an end-of-week check-in where each team member will review how they executed on their highest-conviction setup.

Archive, Zoom Daily

Daily Meeting for Tuesday March 25

Posted on by Conor Browne

Fine-Tuning Execution Around Breakout Timing and Trade Selection

• Hesitation on early breakout in energy sector, with discussion on the importance of immediate action on pre-validated levels.

• ‘Big ass fly’ strategy adjusted again, refining focus toward early-session follow-through plays, especially in momentum tickers.

• Review of excessive filtering, where good trades were skipped due to too many confluence requirements being stacked.

• Reinforcement of letting winners run, with reminders to scale out slowly rather than cutting trades at the first sign of hesitation.

• Improved pre-market ranking system tested, where trades were labeled as A or B setups to guide intraday execution priority.

• Team challenge introduced to improve first-hour responsiveness across the board.

Summary

the team reflected on missed entries—particularly an early breakout in the energy sector that had been clearly identified during pre-market planning. Ernie emphasized the need for immediate execution once pre-defined levels are hit, especially in the first hour.

The ‘big ass fly’ strategy was updated again to focus on plays that offer strong early follow-through rather than waiting for confirmation that often arrives too late. Excessive filtering was also addressed, with several setups skipped due to an overly rigid checklist.

The session also included a reminder on managing winning trades—encouraging the team to scale out progressively instead of exiting completely on first signs of hesitation. A new pre-market ranking system was trialed, labeling A- and B-tier trades to prioritize execution more confidently. Ernie closed by launching a team-wide challenge to improve speed and decisiveness during the first hour of trading.

Archive, Zoom Daily

Daily Meeting for Monday March 24

Posted on by Conor Browne

Executing With Confidence and Filtering High-Quality Setups

• Missed entries in small-cap healthcare due to over-filtering—team discussed balancing caution with decisiveness.

• Refinement of the ‘big ass fly’ strategy, focusing on setups that offer cleaner trend alignment and fewer conflicting signals.

• Review of late exits on winners, identifying hesitation in locking profits as key improvement area.

• Improved filtering of low-volume tickers, reinforcing a volume threshold to avoid thin setups.

• Reminder to trust prep work, as hesitation often came from second-guessing validated setups during market hours.

• Upcoming focus: clearer priority system, where A-, B-, and C-tier trades are defined pre-market to guide execution speed.

Summary

the team evaluated missed opportunities in small-cap healthcare stocks, with Ernie highlighting a pattern of over-filtering and second-guessing strong setups. The conversation focused on finding the balance between caution and confidence—especially when the prep work already supports the trade.

The ‘big ass fly’ strategy was refined further, emphasizing alignment with trend and the elimination of conflicting indicators. Late exits on winning trades were also reviewed, identifying hesitation as a recurring challenge when managing active positions.

A renewed focus was placed on avoiding low-volume setups by introducing a stricter volume filter. To support execution consistency, the team will now define A-, B-, and C-tier trades during pre-market prep, ensuring faster decision-making during live sessions. Ernie closed the meeting by reinforcing trust in the plan and reminding everyone that hesitation is often more costly than a loss taken on a well-executed setup.

Archive, Zoom Daily

Daily Meeting for Friday March 21

Posted on by 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.

Archive, Zoom Daily

Daily Meeting for Thursday March 20

Posted on by Conor Browne

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.

Archive, Zoom Daily

Daily Meeting for Monday March 17

Posted on by Conor Browne

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.

Archive, Zoom Daily

Daily Meeting for Thursday March 13

Posted on by Conor Browne

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.