This Coaching Call with Irek included an Open Q&A focused on the following:
- Trade breakdown -- USDJPY - HTF CBO L from Apr 2021
- Trade breakdown -- NZDCAD - HTF CBO S from Apr 2021
- Multiple biases -- why trading your own plan & following your own approach is key
- Handling negative emotions -- discussion surrounding the stress a TMC Trader was feeling in Q1 as he was focusing on the monetary value of a leveraged full position size & not the monetary amount of risk.
- Equities trading -- should you be utilizing extended hours, or not? Irek shares his personal approach and perspective on this.
- Management recommendations -- provided to a current TMC Trader regarding his chosen management approach & how he can improve it.
- Holy grails - TA from Irek on TLRY (is the holy grail still valid even if the daily ACB pattern is already broken?).
- Trading Plan evolution -- when and how to evolve your trading plan? Lesson from Trading Blueprint, 'Evolve Your Plan' should be re-watched.
- Emotional trading -- how to overcome doubt in one's performance / analysis and reach consistency. In-depth discussion was had with a current TMC Trader regarding his performance curve over the past decade & how he can improve.
- Review of TMC Trader's Q1 stats -- Irek's recommendation for their approach to Q2 (swing or day?).
Resource - Trading Blueprint - https://diamond.tradingmasterclass.com/trading-blueprint/season:4/videos/evolve-your-plan
Originally aired live on Apr 29, 2021.