Tag Archives: Price Behavior

Archive, Zoom Daily

Daily Meeting for Tuesday April 15

Posted on by Conor Browne

Executing Without Lag and Closing the Confidence Gap

• Skipped early clean trigger in energy, despite pre-market plan being aligned and level hitting perfectly.

• Team discussed waiting for ‘perfect price action’, which led to missed entries as the move accelerated.

• Ernie emphasized conviction comes from the prep, not the live candle shape—it’s either a setup or it isn’t.

• Reminder to use starter size to overcome hesitation, allowing flexibility while still participating.

• Overtrading after the miss surfaced again, with multiple C-tier setups taken midday in an attempt to “catch up.”

• Tomorrow’s focus: full trust in the first A-tier trigger—execute without edits, then manage with clarity.

Summary

the team reviewed a missed energy sector breakout that had been clearly prepped and triggered early—but wasn’t taken. Traders cited concerns about the “look” of the price action, despite it meeting every technical requirement laid out that morning.

Ernie addressed the confidence gap directly: if the plan is built correctly, the live execution doesn’t need to feel perfect—it needs to happen. The team re-committed to the use of starter size on first-touch triggers to get positioned without hesitation and manage from there.

Post-miss behavior was also reviewed. After skipping the clean setup, several traders overcompensated with unnecessary midday trades, none of which had the quality or R:R of the missed A-tier opportunity.

To reset, tomorrow’s focus is simple: trust the prep. When the first A-tier setup triggers, it must be taken without edits. Execute, manage, learn. But don’t delay.

Archive, Zoom Daily

Daily Meeting for Thursday April 10

Posted on by Conor Browne

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.

Archive, Retrospective

Sunday Retrospective for April 6

Posted on by Conor Browne

Executing With Conviction and Trusting Setup Clarity

• Consistent hesitation on A-tier trades, even when confirmation matched the pre-market plan exactly.

• Missed follow-through on clean tech breakouts, as second-guessing delayed entries past the ideal level.

• Emotional carryover from early-week losses, affecting risk appetite and leading to under-sizing strong setups.

• Refinement of setup clarity grading, reinforcing the need to categorize setups as Clear, Gray, or Avoid before the open.

• Discussion on over-monitoring trades mid-run, with traders exiting too early from fear rather than invalidation.

• New weekly goal set: immediate execution on any “Clear” setup with full planned size—no filtering, no edits.

Summary

the team reviewed a recurring issue: hesitation on A-tier setups—even when those trades lined up perfectly with the morning plan. Clean breakouts in tech were missed due to over-analysis or delayed execution, with entries happening after the ideal moment or not at all.

A key theme was emotional drag. Early-week losses carried into later sessions, subconsciously reducing position sizing or increasing caution, even on valid setups. Ernie emphasized that past outcomes should never dictate current execution—each trade must stand on its own.

The team agreed to reinforce the setup grading system: Clear, Gray, and Avoid. Pre-market, every watchlist name will be assigned one of these categories to eliminate live-session doubt. There was also a warning against over-monitoring trades once they’re live—several early exits were made out of fear, not invalidation.

The week ahead comes with a clear directive: when a Clear setup appears, it must be executed immediately with full planned size. No edits. No filters. Just pure follow-through on the plan.

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, Retrospective

Sunday Retrospective for March 16

Posted on by Conor Browne

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.

Archive, Zoom Daily

Daily Meeting for Tuesday March 11

Posted on by Conor Browne

Targeting Sector Momentum and Enhancing Trade Execution Timing

• Missed opportunities in tech breakouts due to hesitation on entry despite early confirmation signals being met.

• Shift in focus toward energy stocks, as several financial sector plays underperformed expectations during the midday session.

• Adjustment to the ‘big ass fly’ strategy to reduce the trade window duration, aiming to capture quicker, high-conviction moves.

• Implementation of a tighter trailing stop system to protect gains from reversing in high-volatility environments.

• Reassessment of risk allocation, increasing position size slightly on trades with clearer trend confirmation and reducing exposure on speculative setups.

• Emphasis on pre-market catalyst tracking, ensuring readiness for immediate action on news events impacting watchlist names.

Summary

the team reviewed execution timing issues, particularly missed entries on early tech breakouts despite clear confirmation signals. Ernie stressed the importance of decisiveness when setups align, pointing to specific cases where hesitation cost profitable opportunities.

The focus also shifted to energy stocks after financials showed weaker-than-expected follow-through during the midday period. To adapt, the ‘big ass fly’ strategy was refined by narrowing the trade window duration, prioritizing quicker, high-conviction moves rather than extended holds.

A tighter trailing stop system was introduced to lock in gains more effectively in volatile conditions, and risk allocation was reassessed—slightly increasing size on clearer trend plays while scaling back on more speculative trades. Ernie closed the meeting by highlighting the need for diligent pre-market tracking of catalysts to be positioned early on significant news events.

Archive, Zoom Daily

Daily Meeting for Tuesday February 25

Posted on by Conor Browne

Optimizing Trade Execution Amid Market Volatility

• Impact of Pre-Market Gaps: Discussion on how overnight price movements disrupted trade setups and execution plans.

• Adjustments to the ‘big ass fly’ strategy: Modifications made to improve trade positioning during unpredictable market conditions.

• Stronger Trade Confirmation Methods: Emphasis on integrating moving averages and trend strength indicators for better entry signals.

• Managing Risk During High-Frequency Moves: Review of stop-loss adjustments to prevent premature exits in volatile markets.

• Sector Rotation Insights: Analysis of capital flow into defensive stocks and how to align trades with shifting market sentiment.

• Avoiding Emotional Trading Decisions: Reinforcement of disciplined trade execution and adherence to structured setups.

Summary

the team analyzed the impact of pre-market gaps and how they disrupted planned trade executions. Ernie led a discussion on refining the ‘big ass fly’ strategy to better handle unpredictable market conditions and adjust trade positioning accordingly.

A key focus was placed on strengthening trade confirmation methods, with an emphasis on using moving averages and trend strength indicators to improve entry signals. The team also reviewed stop-loss adjustments to prevent premature exits while managing risk effectively in high-volatility conditions.

Sector rotation analysis highlighted capital flow into defensive stocks, providing insights on aligning trade strategies with evolving market sentiment. Ernie concluded the meeting by reinforcing the importance of avoiding emotional trading decisions, staying disciplined, and adhering to structured setups for consistent performance.

Archive, Zoom Daily

Daily Meeting for Monday February 24

Posted on by Conor Browne

Strategic Adjustments for Increased Market Volatility

• Market Sentiment Shifts: Discussion on how unexpected news events triggered volatility and influenced trade setups.

• Refinements to the ‘big ass fly’ strategy: Adjustments to better handle rapid price reversals and unpredictable market moves.

• Strengthening Trade Confirmation Signals: Emphasis on using multiple technical indicators for more reliable entries.

• Dynamic Stop-Loss Placement: Techniques for tightening stops during high volatility while allowing room for trades to develop.

• Sector Analysis for Upcoming Opportunities: Identification of strong trends in tech and energy sectors for potential trades.

• Maintaining Discipline in Choppy Markets: Reminder to avoid overtrading and focus on high-probability setups.

Summary

the team focused on recent shifts in market sentiment triggered by unexpected news events, leading to heightened volatility. Ernie guided the team through refinements to the ‘big ass fly’ strategy, emphasizing adjustments to better handle rapid price reversals and unpredictable market conditions.

The importance of strengthening trade confirmation signals was discussed, with a focus on incorporating multiple technical indicators to improve the reliability of trade entries. Dynamic stop-loss placement strategies were also reviewed, aimed at balancing risk management while allowing trades enough flexibility to develop.

Sector-specific opportunities in tech and energy were highlighted, where strong trends presented potential high-probability setups. Ernie concluded by reinforcing the importance of maintaining trade discipline, particularly during choppy market conditions, and focusing on well-validated setups to ensure consistent performance.

Archive, Zoom Daily

Daily Meeting for Tuesday February 18

Posted on by Conor Browne

Adapting Trade Strategies for Mid-Month Market Volatility

• Reacting to Unexpected Market Pullbacks: Discussion on how sudden reversals affected trade setups and adjustments made.

• Refinements to the ‘big ass fly’ strategy: Changes aimed at capturing smaller, more consistent gains amid volatile conditions.

• Strengthening Trade Entry Confirmations: Emphasis on using a multi-indicator approach to reduce false entries.

• Managing Risk Through Position Sizing: Strategies for adjusting trade size during periods of heightened market uncertainty.

• Identifying Sector-Specific Momentum: Analysis of tech and energy sectors showing stronger trends and potential setups.

• Maintaining Emotional Control: Reminder to avoid revenge trading after losses and stick to structured setups.

Summary

the team discussed the challenges caused by unexpected market pullbacks and how they disrupted trade setups. Ernie emphasized refinements to the ‘big ass fly’ strategy, focusing on capturing smaller, more consistent gains during volatile market conditions.

The team also explored methods to strengthen trade entry confirmations, introducing a multi-indicator approach to minimize false signals. Risk management was a key focus, with discussions around adjusting position sizes in response to market uncertainty to better control exposure.

Sector-specific analysis highlighted notable momentum in tech and energy markets, with potential setups identified for upcoming trades. Ernie concluded by reinforcing the importance of maintaining emotional control, avoiding reactionary trades, and adhering to structured setups for consistent performance.

Archive, Zoom Daily

Daily Meeting for Thursday January 30

Posted on by Conor Browne

Adjusting Execution Strategies for High-Volatility Trading

• Unexpected Price Swings: Discussion on handling rapid intraday reversals that disrupted planned trade setups.

• Refinement of the ‘big ass fly’ strategy: Adjustments made to accommodate wider price ranges and unpredictable momentum shifts.

• Stronger Pre-Market Preparation: Emphasis on identifying potential risk factors before market open to avoid early trade failures.

• Scaling Positions More Efficiently: Introduction of new guidelines for entering trades incrementally rather than all at once.

• Stop-Loss Adjustments in Fast Markets: Review of stop-out trades and strategies for giving trades more breathing room.

• Avoiding Overconfidence After Wins: Reminder to maintain discipline and stick to structured setups instead of increasing risk exposure.

Summary

the team focused on adapting execution strategies to better handle rapid intraday reversals that impacted trade outcomes. Ernie led a discussion on refining the ‘big ass fly’ strategy to accommodate wider price swings and sudden momentum shifts.

A key takeaway was improving pre-market preparation, with an emphasis on identifying risk factors early to avoid unnecessary trade failures. The team also introduced a more efficient method for scaling into positions, allowing for gradual exposure instead of full upfront commitments.

Stop-loss strategies were reviewed, particularly in managing fast-moving markets where trades were stopped out too early. Ernie concluded by reinforcing the importance of discipline, urging traders to avoid overconfidence after a winning streak and to continue following structured setups with proper risk control.