Tag Archives: Market Entry

Daily Meeting for Wednesday April 16

Owning the First Setup and Eliminating the Pause

• Missed high-conviction trigger in tech, even after the level was mapped and called out in real time.

• Team hesitated waiting for ‘cleaner price structure’, despite everything aligning with the plan.

• Ernie reminded: clean = planned—not perfect; execution comes from trust, not candle shape.

• Breakdown of post-miss behavior, including emotional re-entries that lacked structure and led to losses.

• Starter entry protocol reinforced, especially for A-tier setups: commit with size, manage with logic.

• Thursday goal locked in: execute the first clean trigger from prep without delay. Review it. Own it.

Summary

the team reviewed yet another missed A-tier setup—this time in tech—despite the level being called out and fully aligned with the morning plan. The hesitation again came down to waiting for some “extra clarity” that wasn’t actually required.

Ernie reframed this habit clearly: clean means planned. If the setup is built and price hits the level, that is the green light. Not every entry will feel perfect—but if you wait until it does, you’re already late.

The meeting also addressed the emotional snowball effect that followed: after skipping the clean entry, several traders jumped into unstructured follow-up trades out of frustration, leading to losses that could’ve been avoided with disciplined execution on the first opportunity.

To reset, the Thursday goal is clear: when the first clean trigger hits—especially if it’s on the morning plan—it must be executed. No pause. No edits. Execute, manage, then review.

Daily Meeting for Friday April 11

Flipping the Execution Switch and Eliminating Entry Lag

• Team missed clean A-tier setup in tech, again due to hesitating at the exact pre-planned trigger.

• “Signal vs. Setup” confusion clarified—team was waiting for multiple confirmations even after primary level broke.

• Ernie reiterated: when it’s on plan and it hits, that is the trade. Period.

• Reviewed post-entry micromanagement, where several traders closed positions early despite no technical invalidation.

• Starter-size execution reemphasized, especially on first touches—to remove hesitation and build in.

• Next week challenge: execute the first A-tier setup on sight. Log outcome. Review Monday. No excuses.

Summary

the team unpacked another missed opportunity—this time in a clean, pre-planned tech setup. The level hit exactly, but multiple traders froze, waiting for extra confirmation that wasn’t part of the plan.

Ernie clarified the difference between a setup and a signal. The setup is built in the prep. The signal is the level hitting. Waiting beyond that means trading emotionally, not systematically.

The team also reviewed post-entry micromanagement habits, with several positions being closed early due to discomfort—not actual technical invalidation. The solution: starter-size execution on the first touch, which removes hesitation and allows for building into confirmation.

To close, Ernie issued a clear directive: next week, every trader must execute the first clean A-tier setup they see. No filters. No doubts. Log the trade. Review it Monday.

Daily Meeting for Thursday April 10

Breaking the Chase Cycle and Recommitting to First-Strike Entries

• Missed clean breakout in financials early in the session, followed by multiple late chases into worse entries.

• Team reminded: “if it’s on the plan and it triggers—take it”, don’t wait for better candles or second signals.

• Chase trades reviewed, all resulting in negative R/R due to poor fills and shaky conviction.

• Reinforcement of entry discipline structure, using pre-market levels as a binary decision—trigger or no trigger.

• Midday overtrading addressed, especially trades taken out of frustration after the morning miss.

• Friday execution challenge locked in: no chases, no gray setups—only clean A-tier triggers taken immediately on signal.

Summary

the team reviewed a missed financials breakout that had been clearly mapped in pre-market prep. Despite price triggering cleanly, hesitation led to skipped entries—and several traders then chased the move late with worse fills and less confidence.

Ernie emphasized that these chases consistently lead to poor outcomes: low conviction, bad entries, and tight stops that don’t hold. He reinforced the importance of treating pre-planned levels as binary decisions: when price triggers—execute.

The team also discussed the emotional fallout from missed trades, particularly how it fuels overtrading during midday chop. These trades often lacked clear structure and were driven by frustration, not conviction.

To close, a Friday execution challenge was confirmed: all traders are expected to take the first clean A-tier setup without delay. No chases. No hesitation. Just trust the work and pull the trigger.

Daily Meeting for Monday April 7

Trusting the First Setup and Resetting Momentum Early

• Missed clean breakout in small-cap tech, due to last-second hesitation despite a full pre-market green light.

• Team reminded to enter on the first valid trigger, not to wait for retests that rarely come cleanly.

• Ernie highlighted the “false protection” of perfection, where over-filtering disguises fear of being wrong.

• Emphasis on immediate starter size, to bypass hesitation and build position into confirmation.

• Review of midday overtrading, with several team members forcing C-tier trades after missing the open.

• Reset strategy launched: every team member must execute the first clear A-tier setup tomorrow—no filtering, no edits, no delay.

Summary

the team reviewed another missed early-session breakout—this time in small-cap tech—despite it being greenlit during pre-market prep. Ernie emphasized that hesitation at the point of trigger is costing far more than losses would, and that the true danger is masking fear as “discipline.”

The solution: get in on the first clean signal using starter size and build from there. Waiting for textbook retests or re-confirmation adds friction that often causes trades to be missed entirely. The discussion also covered how midday overtrading became a pattern after missed openings, leading to unnecessary exposure on C-tier setups.

To reset momentum, a challenge was set: everyone must execute the first clear A-tier setup tomorrow without hesitation. No edits. No overthinking. Trust the prep, trust the plan, and just take the shot.

Daily Meeting for Thursday April 3

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.

Daily Meeting for Wednesday April 2

Executing Clean Setups Without Delay and Trusting Structure

• Missed entry on a clean A+ tech breakout, even after it played out exactly as mapped in pre-market.

• Hesitation traced back to “waiting for extra confirmation”, which wasn’t part of the original trade plan.

• Recommitment to first-touch execution, especially on setups identified during morning walkthroughs.

• Review of recent over-adjusting mid-trade, with traders pulling stops or skipping scaling due to noise.

• Emphasis on letting the play work, trusting structure over micromanaging price action.

• Accountability checkpoint set for Friday, with each trader reviewing how they handled their first A-tier signal of the day.

Summary

the team addressed a missed A+ breakout trade in the tech sector. Despite being clearly mapped during pre-market prep, hesitation set in due to an unnecessary desire for “extra confirmation.” Ernie pointed out that this habit contradicts the purpose of structured prep and leads to inaction on top-tier setups.

The group re-committed to first-touch execution, especially for A-tier setups already discussed in the morning walkthroughs. A secondary theme involved traders over-adjusting mid-trade—moving stops or scaling prematurely—leading to lost gains or broken plans.

Ernie emphasized the need to let the setup play out and trust the original plan unless clear invalidation occurs. To close, a Friday accountability checkpoint was scheduled, where each trader will review whether they executed on their first A-tier opportunity without delay or distortion.

Daily Meeting for Thursday March 27

Honing Breakout Timing and Eliminating Second-Guessing

• Missed early breakout in mid-cap tech, despite pre-market plan highlighting it as a top-tier watch.

• Review of overcomplication during live execution, where clean setups were skipped due to second-guessing entry criteria.

• ‘Big ass fly’ strategy reaffirmed, with emphasis on trusting the first clean move rather than waiting for retests.

• Reinforcement of pre-market visual walkthroughs, to internalize target zones and remove hesitation at key levels.

• Discussion on early profit cuts, encouraging holding partial size for the full move when the setup remains intact.

• Group commitment to immediate execution on A-setups, with accountability reviews scheduled for Friday’s debrief.

Summary

the team dissected another missed opportunity on a mid-cap tech breakout. Despite strong pre-market planning and clear levels, the trade was skipped due to second-guessing during the moment of execution. Ernie emphasized that these moments stem from a lack of trust—not a lack of readiness.

The discussion reinforced the core principle of the ‘big ass fly’ strategy: strike early and decisively on clean momentum, rather than waiting for perfection. To support this, the team agreed to bring back pre-market visual walkthroughs, focusing on internalizing entry/exit zones before the bell.

Ernie also pointed out instances of profit being cut too soon, urging the group to let partial positions ride when a setup remains intact. The meeting closed with a team-wide agreement to immediately execute on any A-rated setup, with a Friday debrief scheduled to assess follow-through.

Daily Meeting for Tuesday March 25

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.

Daily Meeting for Monday March 24

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.

Daily Meeting for Thursday March 20

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.