Step 1 of 5
Name Your Edge
A strategy doesn't exist until you name it and define its playground. Compartmentalization starts here.
Step 2 of 5
The Catalyst
What is the exact market event that triggers you to start looking for this setup?
Step 3 of 5
The Confluence Filters
What mandatory conditions must be true to proceed? If these are not met, the trade is voided.
Step 4 of 5
Execution & Invalidation
Define exactly how you enter, and exactly when the trade thesis is mathematically dead.
Playbook Built
Standard Operating Procedure
This is your mechanical execution manual. If you deviate from these rules, you are trading impulse, not edge.
The Setup
ASSET
1. The Catalyst (IF)
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2. The Mandatory Filters (AND)
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3. The Execution Protocol (THEN)
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4. Invalidation Rule
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Your rules are written. But these rules do not make you profitable until you execute them identically across 100 actual trades to verify positive expectancy.
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