Market Mechanics Ep 24: How to Review Your Day — Transcript
Full transcript
- 0:00Professionals don't improve from taking
- 0:01more trades. They improve from getting
- 0:04better feedback. You can trade a lot.
- 0:06You can back test a lot. You can even
- 0:08journal a lot. But, if you don't
- 0:09reflect, you don't reflect on the trades
- 0:12you have taken, you will not grow.
- 0:14To me, I fundamentally believe that
- 0:16reflection is the highest leverage
- 0:18skill, but yet it's also the most
- 0:20underrated skill in trading.
- 0:23To me, it's not about doing more. It's
- 0:25about reviewing more. It's about
- 0:27reflecting more because it's not just
- 0:29about putting in more reps. It's about
- 0:31having multiple rounds of iterations of
- 0:34the trading plan so that you can improve
- 0:36your edge. And the only way you can get
- 0:38multiple rounds of iteration is by
- 0:41reviewing the data that you have
- 0:42collected.
- 0:44So, that is why I have this process.
- 0:46It's called the end of day review,
- 0:47right? Which means at the end of each
- 0:48day, at the end of each trading session,
- 0:51I go and review the trades that I've
- 0:53done for the day itself and just think
- 0:55about how I could improve tomorrow.
- 0:57So, when you do this end of day review,
- 0:58what happens is that you are protecting
- 1:00tomorrow's performance because it shows
- 1:02you, based on data, not based on emotion
- 1:05or guesswork, what are the tasks that
- 1:07you should repeat tomorrow? What are the
- 1:09stuff that you should remove? Okay?
- 1:11Like, based on this, I can see, okay,
- 1:13this trade tends to work out at this
- 1:15timing. This entry model tends to
- 1:17perform well within this session. Cool.
- 1:20It resulted in a winning trade. Cool.
- 1:22That means that I need to do more of
- 1:23that tomorrow. If that didn't work out
- 1:26so well, then perhaps I shouldn't do it
- 1:27anymore tomorrow. That's what end of day
- 1:29review does. It gives you the awareness
- 1:31on what works and what doesn't work so
- 1:33you can do more of what works and less
- 1:35of what doesn't. All right. So, yeah,
- 1:37let's say in this case, you know, I've
- 1:39been trading. Today, I lost about $441.
- 1:43And I traded outside of my trading
- 1:45window, right? So, maybe I forced a
- 1:47trade because I was bored and I want to
- 1:50feel some adrenaline, you know, feel
- 1:52some fun in my life. And as a result, I
- 1:54I pretty much broke one of my guardrail.
- 1:56Cool. So, close all my positions, lost
- 1:58about $441. Now, this is where I go to
- 2:01my trading journal. And this is where I
- 2:03going to today, right? So, I open up
- 2:04today and this is where I will do like a
- 2:06quick little 10 seconds scan on
- 2:09everything that's going on here, right?
- 2:10Because this just gave me an overview on
- 2:13my trading performance today. I look at
- 2:15my net P&L rate.
- 2:17Okay, cool. Win rate, average R
- 2:19multiple, right? Since, you know, I lost
- 2:22every single trade, obviously 0%. Uh
- 2:24total trades I've taken three, right?
- 2:26And how many did I win? How many did I
- 2:28lose? And then this is where I review
- 2:30the process-oriented metrics. Okay, so,
- 2:33remember in trading there is your
- 2:35outcome-oriented metrics
- 2:38and then there is your process-oriented
- 2:39metrics. When you focus on the
- 2:41process-oriented metrics, the
- 2:43outcome-oriented metrics will take care
- 2:46of themselves. Right? So, this is where
- 2:48I look at, you know, whether I was
- 2:50actually disciplined today, whether I
- 2:51actually follow my trading plan. Did I
- 2:53follow my plan? Yes or no? Once again,
- 2:55this is all tagged based on your your
- 2:58trading, right? So, when you're trading,
- 3:00if you selected that you follow your
- 3:01trade plan, it will show here. If you
- 3:02selected you didn't follow your trade
- 3:04plan, it will show here as well. And
- 3:05then below here this is where you can
- 3:06track your God real violations, right?
- 3:08So, you can track which God real you
- 3:10actually violated if you did violate it
- 3:12any, right? So, in this case I traded
- 3:13outside of my trading window. And then
- 3:16you can also see whether you completed
- 3:17your pre-market routine or not, right?
- 3:19Because there's probably like a direct
- 3:21correlation between whether you
- 3:22conducted your pre-market routine and
- 3:24whether you actually make money on the
- 3:26day itself. Yeah, so this is where I see
- 3:27I didn't do my pre-market routine today
- 3:30and this is where I can see how many
- 3:31trades have I journaled so far. Since I
- 3:33just completed the trading day itself,
- 3:35right? I never really got the time to
- 3:37actually go through the trades I've
- 3:39taken to like just go and journal them.
- 3:41And that is exactly what I'm going to do
- 3:42next, right? But before I go in here and
- 3:45journal each trade individually, what
- 3:48I'm trying to do when I go through the
- 3:50daily overview is to try to answer a few
- 3:53questions in my head, right? Just to
- 3:55interpret the daily data and this is
- 3:58where I'm asking myself, did I follow my
- 4:00trading plan, right? Did I trade the
- 4:02plan or did I gave into emotions or
- 4:05guesswork or my gut feeling? Did I break
- 4:08any rules, right? Did I violate any
- 4:10guardrails? Was today's execution clean
- 4:13or was it messy? Did I do the boring
- 4:16work like following my pre-market
- 4:17routine and you know, journaling my
- 4:19trade or did I skip it? Right? So, these
- 4:22are like the four fundamental questions
- 4:23you should ask yourself
- 4:25in your head, right? When you are
- 4:26scanning through the data for today,
- 4:29right? Once again, this just allows you
- 4:31to know whether you actually follow the
- 4:32plan, whether you actually follow the
- 4:34process or whether you just anyhow
- 4:36trade, right? Inconsistent actions,
- 4:38inconsistent results.
- 4:40So, once that's done, this is where
- 4:42you can go through the trades that you
- 4:43have taken individually, right? Like
- 4:45literally go and identify the best
- 4:47trade, the worst trade and then what
- 4:49other trades that you have won, what
- 4:50other trades that you have lost and then
- 4:52just go and journal them individually.
- 4:54Okay, so let's say today
- 4:57I come in here and this trade was my
- 5:00worst trade, okay? So, this trade is my
- 5:02worst trade. This is where I will come
- 5:04in here and think about what broke, all
- 5:06right? So, this is where I fill out
- 5:08everything in here. Once again, I'm I'm
- 5:09not going to go through how to do that
- 5:10in this video because I did go through
- 5:12that on how to do that in the how to
- 5:14journal a trade lesson, right? So,
- 5:16please go and check that out if you
- 5:17haven't done so, but this is where after
- 5:19you are done journaling every single
- 5:20trade, you should have an awareness on
- 5:23like what went wrong, right? On your
- 5:24worst trade and what went right on your
- 5:26best trade. Okay, so this is where once
- 5:29again, it's time to review, okay? After
- 5:32you are done journaling the trades, you
- 5:33know, you have filled up all of your
- 5:34entry criteria, your trade management
- 5:36rules, your mistakes. Now is the time to
- 5:38review all of this data,
- 5:40all of this quantitative data and also
- 5:43all of this qualitative data, right? All
- 5:45of the feedback when it comes to your um
- 5:48trading performance and also all the
- 5:50feedback when it comes to whether you
- 5:52actually follow your trading process.
- 5:54Okay? So, when you are analyzing your
- 5:57best trade, this is where I would highly
- 6:00recommend you to ask yourself these
- 6:01three questions. What created the win?
- 6:04Right? Like, okay, was it because price
- 6:06does this? What happened? Right? What
- 6:09was the trigger? What allowed you to
- 6:11actually make the win itself? What
- 6:13allowed you to get that sniper entry?
- 6:14How do you manage the trade itself? So,
- 6:16all of this is literally answering the
- 6:19question, what created the win? And then
- 6:21next is, what do you do right that was
- 6:23repeatable? Okay? So, if you have made
- 6:25this amount of money
- 6:27because you executed your trade plan
- 6:29flawlessly, then ask yourself, what do
- 6:32you do right this time that was
- 6:34repeatable? So, in the future you can
- 6:36repeat the same win again. And how do
- 6:38you repeat this exact execution
- 6:40tomorrow? Today, I made $5,000. Cool.
- 6:43I've caught one of the best trades.
- 6:45Cool. How do I repeat this same win
- 6:47tomorrow? Does this mean that I need to
- 6:50do the exact same process that I did
- 6:51today? If yes, then do it again
- 6:53tomorrow. So, that's how you break down
- 6:56your best trade. And then when it comes
- 6:57to how to break down your worst trade,
- 7:00this is where you want to ask yourself
- 7:01another three questions. Right? What
- 7:03caused the worst trade? You want to be
- 7:05very specific. Which rule is it? Which
- 7:08movement? Which trigger? What resulted
- 7:10in you losing that $5,000? And then was
- 7:13it a good loss or a bad loss?
- 7:15Once again, we
- 7:16covered this concept in the how to
- 7:18journal video. Good loss is basically a
- 7:20loss that you incur as a result of
- 7:21following your trade plan. Bad loss is a
- 7:23loss that you incur because you neglect
- 7:26your trade plan. Right? So, you deserve
- 7:27to have a bad loss if you didn't follow
- 7:28the process. So, was it a good loss or a
- 7:31bad loss? Because if it's a bad loss,
- 7:33then you want to be careful. Right?
- 7:35That's like a red flag right there. And
- 7:37then what is the one fix for tomorrow?
- 7:39Right? What is the one thing you you do
- 7:40tomorrow to prevent yourself from
- 7:42getting into this situation again, from
- 7:45getting into this bad trade again,
- 7:47right? What Maybe you need to adjust
- 7:49your guard rails, maybe you need to
- 7:50change your trading rule inside your
- 7:51edge, maybe you need to implement some
- 7:54form of no trade condition that you will
- 7:57enforce so that, you know, you don't
- 7:59enter the market randomly anymore,
- 8:01right? So, that's how you reflect on the
- 8:03worst trade.
- 8:05And another thing that I really like to
- 8:06go through is just the guard rail
- 8:08violations, right? Because
- 8:11sort of feedback in here.
- 8:14Usually when you violate any of the
- 8:15guard rails or violate any of the
- 8:17trading rules, you will realize that you
- 8:19tend to lose money. It's a pattern,
- 8:22okay? But on those days where you
- 8:24violated guard rails and you still make
- 8:26money, those are the days that you want
- 8:28to be careful, right? Because what
- 8:29happens is that you just
- 8:31got rewarded for bad behavior.
- 8:34And we all tend to repeat the behavior
- 8:37in which we got rewarded for in the
- 8:38past.
- 8:39So, if you make money on a day where you
- 8:41violated your guard rails, where you
- 8:43violated your trading rules, where you
- 8:45neglect your trade plan,
- 8:47then you shouldn't be celebrating. You
- 8:48should be thinking about, "Okay,
- 8:51I was disciplined I was undisciplined
- 8:52today and I made money. So, to me, maybe
- 8:54I don't count it as a win.
- 8:56From tomorrow onwards, I'm just going to
- 8:57continue sticking to the plan, right?
- 8:59So, that's how you can like catch
- 9:01yourself in the moment and just prevent
- 9:02you from, you know, being unconscious by
- 9:05just neglecting your trade plan just
- 9:07because you got rewarded for it."
- 9:09But anyway, like like I said, this is
- 9:11very important, right? It's just check
- 9:12whether there are any guard rail
- 9:13violations.
- 9:14This is where if you violated
- 9:18a guard rail, you want to really just
- 9:20take it take a mental note in your mind
- 9:22and think about what rule was violated
- 9:24and why it happened.
- 9:26So, right now in Edge Flow, there's this
- 9:27feature which tracks the reason on why
- 9:30you violated a guard rail, right? So,
- 9:32after the trade button is grayed out
- 9:33right here, you can continue trading,
- 9:35but we require you to actually input a
- 9:37reason. And when you input a reason,
- 9:39that reason will show up over here.
- 9:41Okay, so this is where you can review
- 9:43the rule that it was violated and just
- 9:46reflect on why it happened. What was the
- 9:48reason you violate the guardrail? And
- 9:50then take action on it, right? Improve.
- 9:53Decide one change that you can make
- 9:54tomorrow to, you know, like prevent you
- 9:58from getting into this
- 9:59dire situation again, right? Maybe you
- 10:01need to implement a tighter rule. Maybe
- 10:03you need to adjust a guardrail, right?
- 10:05Maybe give you a little bit of breathing
- 10:06room. Maybe make it even more tighter.
- 10:08Maybe you want to reduce the amount of
- 10:10trades that you're taking per day from
- 10:11five to three trades only. Maybe you
- 10:14want to shorten your trading window
- 10:15because you find yourself like trading
- 10:18outside of your desired trading window a
- 10:20lot because you're bored, right? Because
- 10:22you want to get the adrenaline. Right?
- 10:25But this is where you can really like
- 10:26just think about how you can adjust your
- 10:28guardrails so that you can protect
- 10:30yourself and you can protect your
- 10:31capital.
- 10:33If a violation happened, then tomorrow's
- 10:36plan must change in some way, okay? So,
- 10:38this is my rule.
- 10:40If you don't change what you do, you
- 10:42will just get the same results. Right?
- 10:44So, if you notice that you're violating
- 10:45a guardrail over here, this is where you
- 10:48want to think about, okay, what am I
- 10:50going to do tomorrow to prevent myself
- 10:52from committing this same mistake again?
- 10:55Right? Maybe I wanted to to to change my
- 10:56trading plan. Maybe I should don't,
- 10:58right? Because it could just be I got
- 11:00emotional today, right? Maybe I need to
- 11:02do some form of meditation before I
- 11:03trade tomorrow to become more conscious
- 11:05of my emotions, right? So, whatever it
- 11:08is, remember nothing changes if nothing
- 11:11changes. Okay, when you do this review,
- 11:13this is where you break the rule loop.
- 11:15This is where you break the cycle.
- 11:17Now, once you're done with journaling,
- 11:19right? This is where I personally will
- 11:22go to sanctuary. All right? So, like I
- 11:24said, after you're done trading for the
- 11:26day, you know, over here you took a L,
- 11:27right? You lose about $441.
- 11:31Immediately go to journal. Journal every
- 11:33single trade in here. If you don't know
- 11:34how to journal, please go and check out
- 11:35the lesson where I did on how to journal
- 11:37a trade. And then once you're done
- 11:39journaling, you want to be reviewing,
- 11:41all right? You want to be reviewing the
- 11:43daily stats. You want to be reviewing
- 11:44the stats on each individual trade. And
- 11:46most importantly, you want to be
- 11:48reviewing the reflection on that
- 11:50particular trade itself. All right? So,
- 11:52those are like the the three-point
- 11:53check, all right? So, check your daily
- 11:56data, check your individual trade data,
- 11:58and check your
- 12:01qualitative feedback on your trade.
- 12:04Yeah, that's it. Once all of that is
- 12:06done, then you go to sanctuary, all
- 12:08right? So, once again, I'm just going to
- 12:09tell you how I personally perform my
- 12:11end-of-day review. This is not a sermon.
- 12:14This is a documentary. I'm not I'm not
- 12:16forcing you to do it, all right? I'm
- 12:17just telling you what I personally do to
- 12:20ensure that I'm making the best out of
- 12:22every single trade I took. I'm actively
- 12:24improving every single day.
- 12:26So, I fundamentally believe that for
- 12:29every hour you spend on chart work, you
- 12:30should spend an additional hour on the
- 12:32inner work.
- 12:34Because, like I always say, the market
- 12:36is simply a reflection of you.
- 12:38The market is a mirror. The reason why
- 12:41it's so difficult to trade on the live
- 12:42account is because it exposes your
- 12:44greatest weaknesses, your shortcomings,
- 12:46and your flaws.
- 12:48And all of these are internal. So, if
- 12:50you don't fix all of this stuff
- 12:51internally, it's going to reflect in
- 12:54your trading results.
- 12:55Your P&L is simply a reflection of your
- 12:59character made visible in numbers.
- 13:02All right? So,
- 13:03for every 1 hour you spend on chart
- 13:05work, you should spend another hour on
- 13:06the inner work. And that's what happens
- 13:08in the sanctuary. So, after I'm done
- 13:10reviewing my trades, I like to go to
- 13:12sanctuary to close my day properly, to
- 13:13close my trading session properly.
- 13:15And if I'm done trading, this is where
- 13:17I'll come in here and I'll do like a
- 13:1810-minutes meditation.
- 13:20Once again, this just allows me to, you
- 13:23know, just let go of the past trades,
- 13:25all right? Let go of whatever has
- 13:27happened today so that I can move on to
- 13:30tomorrow with a clear and focused mind.
- 13:32Because remember, your past outcome does
- 13:35not determine your future results. Just
- 13:37because you lost the last trade doesn't
- 13:39mean you will lose
- 13:40the next trade. Or it also doesn't
- 13:42increase the likelihood that you win the
- 13:43next trade because every single trade
- 13:45outcome is random, right? So, what
- 13:48humans tend to do is that we tend to
- 13:50bring the past into the present.
- 13:53We tend to think that, "Okay, we have
- 13:54just lost five trades in a row. Now I'm
- 13:56going to lose the next trade, right? Now
- 13:58I suck at trading." But it doesn't
- 13:59really work that way. Okay, so this is
- 14:01where when you do that meditation, what
- 14:03you're doing is that you're doing a
- 14:04mental reset. You're really resetting uh
- 14:07your your internal state back to a
- 14:09mental equilibrium so that you can
- 14:11really like just focus and stay grounded
- 14:13in the present moment. So, yeah, this is
- 14:15where I just come in here. I like to
- 14:16just not put any sound when I meditate
- 14:19and then put it to 10 minutes meditation
- 14:21and then just start just like this.
- 14:25Just sit here, meditate for 10 minutes.
- 14:27Once done,
- 14:29then this is where I will
- 14:31just chill out, right? That's
- 14:34that's pretty much the entire end of day
- 14:35review. Actually, there there's one more
- 14:37step, okay? But I'll share with you
- 14:39later. But anyways, if you don't want to
- 14:40do a meditation, right? There's
- 14:42alternative as well, which is our mental
- 14:44exercises and psychology tools, right
- 14:46here.
- 14:47If you feel wired, you know, you still
- 14:48feel emotional, right? You still feel
- 14:50that emotional residue in your brain,
- 14:53you know, from just now. You know, you
- 14:55still feel the anger, you still feel the
- 14:56the greed, you still feel the fear, you
- 14:57still feel the compulsion to continue
- 14:59trading, right? You you just can't seem
- 15:01to like step away from the laptop, then
- 15:03I will highly recommend you to go to
- 15:06reboot in the mental toolkit and just do
- 15:09a quick breathing exercise, right?
- 15:10whether that's the box breathing,
- 15:12whether that's the 60-second seconds
- 15:13reboot, whether that's the reset, right?
- 15:16Just do one of these.
- 15:17And if you're fully done for the day and
- 15:19you want to recover or you want to learn
- 15:21more about trading psychology, learn
- 15:23more about how to master your emotions,
- 15:26then you can check out either the videos
- 15:29that we have in real while or recovery.
- 15:32Right, so both of these are very useful.
- 15:34Like for example, after you win, you
- 15:36might want to check this video out.
- 15:38After you lose, you might want to check
- 15:39this video out. After
- 15:42you you you feel the need to revenge
- 15:44trade or after you have already revenge
- 15:45traded, you might check this video out.
- 15:47Before you sleep, you might want to
- 15:48check this video out. Right, so you can
- 15:50see we have different sort of mental
- 15:52exercises in here to help you downshift,
- 15:55to help you reset your nervous system,
- 15:57to help you calm down your
- 15:58parasympathetic system, and just overall
- 16:01help you detach from the P&L, so you
- 16:03don't carry today into tomorrow. Right?
- 16:05So yeah, that's for the meditation,
- 16:07right? That's for the inner work itself.
- 16:09Like I said, it's very important that
- 16:11you do your inner work.
- 16:13And next is Flow AI. Right, so the last
- 16:16step is available for people who are on
- 16:19the plus or the pro plan. Right, so if
- 16:21you're on a higher tier, this is where
- 16:23you get access to Flow AI, which is our
- 16:25trading companion. Right, and I've built
- 16:27it in a way where it literally sounds
- 16:29just like me. I've trained it to be
- 16:31pretty much me. And also like my trading
- 16:33coaches inside the 1% Club. This way it
- 16:36feels like I'm just by your side at any
- 16:39point of time, 24/7. Right, but anyways,
- 16:42this is Flow AI. This is the first
- 16:44version of Flow AI. In the future, we
- 16:46will have a much more advanced, much
- 16:48more powerful version of Flow AI. So for
- 16:50the first version, it doesn't
- 16:51automatically see your trading data yet.
- 16:53Right, it doesn't know the trades that
- 16:55you've taken for today, which means that
- 16:57you need to provide it with a quick
- 16:58summary. You need to provide it with
- 17:00some context. Right, but like I said, in
- 17:02the future, Flow AI will have access to
- 17:04your Edge Flow trading data, so it can
- 17:06coach you automatically without you
- 17:08typing anything. But for now, this is
- 17:09the first version of it. So what you
- 17:12want to do when it comes to Flow AI is
- 17:14that you want to like just tell it about
- 17:16anything that you have encountered so
- 17:18far. Right? Any problems that you have
- 17:20encountered today, right? Maybe
- 17:22I
- 17:23revenge traded today. Okay, simple
- 17:26things like this, right? Or I felt a
- 17:29compulsion to trade even though I lost
- 17:32money.
- 17:33Now, after I lost money. Right? So,
- 17:36something just like this. You can
- 17:37literally talk to him about anything,
- 17:38right? So, treat it as your trading
- 17:40coach just right by your side. Whatever
- 17:42mistake that you have made today and you
- 17:43don't know how to fix it, right? You can
- 17:45just ask it and then it can present a
- 17:46solution for you.
- 17:48But, what I like to do is to
- 17:51use this format right here. Okay? Today,
- 17:55I made
- 17:58$500 on trades on trading GPUSD.
- 18:03The biggest mistake that I made today
- 18:05was, you know, I did not follow my plan.
- 18:09I felt
- 18:10angry.
- 18:12I felt disappointed.
- 18:15What should I focus on tomorrow? Give me
- 18:16one fix. Right? So, this is the template
- 18:18that I like to use when it comes to
- 18:19end-of-day review. Right? So, this is
- 18:21where I will send this to Flo AI. And
- 18:24then based on this, it will give me an
- 18:25answer. Right? It will literally tell
- 18:27me, "Da da da da da." You can see, this
- 18:30is very important, right? Right here.
- 18:32What you want to do is to get the fix
- 18:34for tomorrow. What you want to do is to
- 18:36get the actionable step that you can
- 18:37take tomorrow to improve. And you can
- 18:40even ask follow-up questions like, "What
- 18:42was my biggest leak today and what most
- 18:45likely caused it?"
- 18:47Right? Or yeah.
- 18:49And then since it did give you the one
- 18:50adjustment for today, maybe you could
- 18:52say like, "What's one adjustment I
- 18:53should focus on
- 18:55next week?"
- 18:57Right? And you can see, it keep on
- 18:59giving you solutions. It tells you,
- 19:00"Okay, based on your diagnosis, right?
- 19:02You didn't comply with your trading plan
- 19:04and as a result, right? Maybe it's
- 19:06because like emotions over structural
- 19:08and as a result, you feel disappointed."
- 19:10And this disappointed This
- 19:11disappointment suggests internal
- 19:12conflict, right? Because you made money
- 19:15but you didn't follow your trading plan,
- 19:16right? So, that might be a win that you
- 19:19are not proud of, right? Because you
- 19:20actually bend your rules. So, here's a
- 19:22solution for today. No entry until every
- 19:25single checklist is green and you want
- 19:27to maybe place your edge on the screen,
- 19:29right? And just follow the trading plan,
- 19:31get a confirmation before you press the
- 19:33buy and sell button so and so forth.
- 19:34Yeah, so you can see this is something
- 19:35that you can play with, right? Very,
- 19:37very cool feature that we have inside
- 19:39EdgeFlow.
- 19:40And then based on this you can have like
- 19:41a final one key takeaway and just write
- 19:44it as your focus for tomorrow, right?
- 19:46Just write it in one simple sentence.
- 19:48Tomorrow, I'm going to be following my
- 19:51trade plan. I'm going to be reviewing my
- 19:52trade plan before I trade. I'm going to
- 19:54make my trade plan visible and binding
- 19:56during execution. When you do this
- 19:58end-of-day review, this is where
- 20:00you will be able to find the most amount
- 20:02of data points. This is where you will
- 20:04be able to find the feedback that you
- 20:06truly need to improve your edge, to
- 20:08improve yourself. This is where you
- 20:10actually get better. Because like I
- 20:13always say, trading is the easy part,
- 20:14right? Like it's easy to press the buy
- 20:16and sell button, it's easy to make money
- 20:18here and there. But reflecting, that's
- 20:20the hard part that most people avoid.
- 20:23And that is also why most people stay
- 20:24stuck, right? They don't want to review
- 20:26their trades, they don't bother to do so
- 20:28and as a result, they do the same
- 20:31actions, they get the same results,
- 20:33which give them the same emotions, which
- 20:36further reinforce this loop of
- 20:38unprofitability. Like I said, until you
- 20:40break off the matrix, until you break
- 20:42off the loop, until you break off the
- 20:43vicious cycle,
- 20:45you will keep on getting the same thing
- 20:46over and over again. The market will
- 20:48just keep on teaching you the same
- 20:49lesson over and over again until you
- 20:52have learned it. This is a method that
- 20:54you can use to actually learn the
- 20:55trading lesson once and for all, move
- 20:58on, move on to the next lesson that the
- 20:59market has to offer you.
- 21:01Right? So, at the end of the day,
- 21:04close your session, review your best
- 21:06trade, review your worst trade, review
- 21:08your daily stats, learn the lesson that
- 21:11the market is trying to teach you right
- 21:13now, reset your nervous system in
- 21:15sanctuary, right? And if you're on the
- 21:17plus plan or the pro plan, use Flow AI
- 21:19to brush up that's what to focus on
- 21:20tomorrow. What is the one thing you can
- 21:22do tomorrow to get better? And if you
- 21:24just keep on doing this, keep on
- 21:26striving to get 1% better every single
- 21:29day, over time these 1% gains compound.
- 21:321 year from now you're going to be a
- 21:34completely different person. You're
- 21:36going to be on a completely different
- 21:37trajectory. You know, you might even be
- 21:39profitable by then, right? Maybe even in
- 21:416 months if you just do this every
- 21:42single day. All right, so yeah, do this
- 21:44daily, watch your performance compound
- 21:46because remember, nothing changes if
- 21:49nothing changes.
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