10-Apr-2025 | My Daily Contract with Myself & Lessons for the Day
Pre-Trading Rituals:
- Quiet time - 10 mins.
- Start OBS and livestream.
Trading Rules:
- No zone. No trade.
- SL is clearly defined (i.e., when the trade is invalid) before entering a trade.
- Stop Trading for the day if: Loss = $1800 (40% of Loss Limit) or Profit = $4500
Daily Habits:
- Daily personal (Kindle) & trading journal (on flowsystems.pro)
- Physical exercise - (at least 50 push-ups)
- Meditation practice - Daily SKY
End of the Day:
Was this a GREEN DAY or a RED DAY?
The $ does not make it RED or GREEN. Breaking the contract or respecting the contract makes it RED or GREEN.
What did I not follow today?
- Followed everything except physical exercise (only 10 dips and 5 pull ups)
Lessons Learned:
- The rituals, followed by rules keep me in the game, in the market. It is more important to stay in the game than get liquidated.
- I know I can make money in any market condition.
What went well?
- The first YT stream.
Plan for tomorrow
- Make the stream 1% better.