Execution

ExecutionLesson 8 of 85 min read

Say why it moved

The rule that separates a model from a habit, the honest size of what a strategy is worth, and the sequence run once on your own chart.

One rule closes this module, and it applies to every entry you take from here.

You have to be able to say why

For any entry, you must be able to say why price moved off the pieces you used.

"It bounced off two indicator lines crossing" is not that. An indicator, meaning a line drawn from past prices, does not tell you why anyone bought.

If the reason cannot be said out loud, the entry was not from the model.

What a reason sounds like

Here is the gold turn said properly. The orders resting above 2,431 were taken when price wicked to 2,440. The close at 2,415 confirmed those orders were filled and the direction had flipped. Price then came back into the leg that took them, at 2,420 to 2,440, which is where you sold.

Register to access everything for free

The course is free. The account is only there to save your place and let us tell you when new lessons land.