Tools to Execute on Daily Plans
The summation of the “Execution is Everything” articles along with context from articles on stop losses, news catalysts, price setups and basic understanding of liquidity should give the introductory tools needed to trade any of the daily plans. The rest comes with screen time and learning all the exceptions to the rules.
Trading takes effort and isn’t intuitive but in the end the juice is worth the squeeze.
Execution is Everything - Timing entries to maximize risk/reward ratio - The logic behind the moves
The goal of this article is to address those having difficulty executing on daily plans or want to tighten up entry models. At the end I will use next week’s open as an example of applying the concepts to current price. I tweeted out the above on Friday but because this idea is absolutely core to my trading strategy this article will elaborate as without details it is just another platitude. For simplicity this will be written from a bullish perspective but everything can be flipped for a bearish bias.
Execution is Everything Pt2. - How Learning to Trade in 2020 is Screwing You
For the sake of ease in searchability I’m going to start titling the price action guides similarly as “execution is everything”. For brevity I’m going to be blunt. There is a good chance if you don’t understand the fundamentals discussed in this series (execution is everything) you are going to burn capital which should be avoided at all cost. On the bright side internalizing and practicing the concepts brought up in these articles will almost certainly improve any outcome in trading (and quickly) - and it’s not specific to /ES or SPY but the market as a whole. My first article (pinned to the top of the stack) has intro information that is explored deeper in this article.
Execution is Everything Pt3. - Dip Buying, When to Cut and How A New Position Almost Always Starts Red
For ease all price action guides will be named “execution is everything” followed by a subtitle to help search out the concepts. For brevity I’m going to be blunt. There is a good chance if you don’t understand the fundamentals discussed in this series (execution is everything) you are going to burn capital which should be avoided at all cost. On the bright side internalizing and practicing the concepts brought up in these articles will almost certainly improve any outcome in trading (and quickly) - and it’s not specific to /ES or SPY but the market as a whole. My first article (pinned to the top of the stack) has intro information and each additional article builds onto that foundation.
Execution is Everything Pt4. - Risk, DCA, Trading is Hard
For ease all price action guides will be named “execution is everything” followed by a subtitle to help search out the concepts. For brevity I’m going to be blunt. There is a good chance if you don’t understand the fundamentals discussed in this series (execution is everything) you are going to burn capital which should be avoided at all cost. On the bright side internalizing and practicing the concepts brought up in these articles will almost certainly improve any outcome in trading (and quickly) - and it’s not specific to /ES or SPY but the market as a whole. My first article (pinned to the top of the stack) has intro information and each additional article builds onto that foundation.
Execution is Everything Pt5. - Am I Too Late? Sizing, Entries and Exits
For ease all price action guides will be named “execution is everything” followed by a subtitle to help search out the concepts. These guides are all meant to flow together. If a concept seems ambiguous it may be because it was referenced more in a prior guide. This guide is to answer the question “Am I too late?” when a play is starting by breaking down entries, exits and sizing.
Execution is Everything Pt6. - Clean Move VS Chop - Level to Level or Scalp? - Important Differences for Intraday Trading
For ease all price action guides will be named “execution is everything” followed by a subtitle to help search out the concepts. These guides are all meant to flow together. If a concept seems ambiguous it may be because it was referenced in a prior guide. This guide is to answer the question “Am I too late?” when a play is starting by breaking down entries, exits and sizing.
When to Use Stop Losses vs Alerts and How to View Levels
@efficientenzyme on Twitter or Substack message for any questions When to Use Stop Losses: Stop losses are an important part of risk management but could the same thing be done with an alert? There are times when stop losses are unfavorable and alert for a mental stop loss would be better, here is why:
Catalysts are Agnostic - A warning about the debt ceiling news
Warning: This post is on the longer side but may help prevent some from making a bad decision and taking a hit. There is also going to be a bit of an “I told you so” element to this post which isn’t a great look but it is used to bolster a point (for the most part).
Lets Talk Price Action Setups
Typically when I spend time tweeting it’s because I have an intention to write about setups later. This always seems better when the setup is identified before hand so it doesn’t feel like hindsight analysis. Here are a few setups over the past few days and the logic behind them:
Bulls, Bears and Snakes: Liquidity and Price Action
Whenever price movement is referenced in the daily letter it is usually mentioned in the short term that the market runs on two principles which make up that price action. Liquidity and back tests. The purpose of this article is to briefly breakdown one component of why price moves the way it moves. This is only one part of price action but should help with bias when trading.