The Playbook

The PlayBook will help you become a better, bigger, more profitable, increasingly efficient, well-rounded, calmer, happier, and grateful trader.

The PlayBook will help you become a better, bigger, more profitable, increasingly efficient, well-rounded, calmer, happier, and grateful trader. Build your trading edge. The PlayBook is a personal archive of trading setups that work best for you. It helps you: Identify and replicate your most successful trades Eliminate setups that don't work for you Increase your position size in high-confidence trades Hold trades for larger moves To create your PlayBook: Archive your best trades daily Include detailed analysis of each setup Review and refine your PlayBook regularly

We make trading decisions based on five indicators, or checks: The Big Picture, Intraday Fundamentals, Technical Analysis, Reading the Tape, and Intuition. Holistic decision-making. Consider all five indicators when making trading decisions: The Big Picture: Overall market trends and catalysts Intraday Fundamentals: Fresh news and events affecting stocks Technical Analysis: Chart patterns and support/resistance levels Reading the Tape: Order flow and price action Intuition: Experience-based gut feelings (developed over time) Weigh these factors differently based on the specific trade and market conditions. Continuously refine your ability to interpret and integrate these indicators.

TO is the ultimate competitor. If anyone reads this chapter and can honestly say you compete like TO, I would like to meet you. Relentless improvement. TO exemplifies the ideal trader mindset: Constant learning and skill development Detailed trade reviews and preparation Willingness to adapt and try new strategies Focus on process over results TO's daily routine includes: Extensive market research Detailed trade journaling Collaboration with fellow traders Continuous refinement of trading strategies Adopt this competitive mindset to accelerate your trading progress and maximize your potential.

Pippen is not the best trader on the Street. He is not the best trader on our desk. He was not even the best trader from his class. He is now. Steady progress. Pippen's journey illustrates the path to consistent profitability: Start with small losses Reduce losses over time Achieve breakeven results Become slightly profitable Develop consistent profitability Expand your PlayBook and increase position sizes Key lessons from Pippen: Focus on gradual improvement, not instant success Learn from mentors and fellow traders Adapt to changing market conditions Maintain a strong work ethic and passion for trading

Simply put, Prep is the most frustrating trader I have ever mentored! Avoid common errors. Prep's story highlights several pitfalls to avoid: Blaming others for poor performance Overtrading and lack of focus Failing to follow risk management rules Trading on tilt (emotionally-driven decisions) Lack of preparation and big picture awareness To overcome these challenges: Take responsibility for your results Develop and stick to a disciplined trading plan Implement strict risk…