My Daily Process for Trading SPY and TSLA Options DAY GOALS & RULES Focus on Intraday System Patterns A . Pattern A: reaction zone crossovers with confirmations for an RZ reject or bounce. FOCS ON (1) CONTRACT FOR PLAN OPTIMIZATION. FOCUS ON THE ONE PLAN THAT CAN PROPEL ME FORWARD DAILY. GIVE PLANS THE BENEFIT OF THE DOUBT AND LET THEM PLAY OUT. BE WARY OF SUCCESS AND THE REGRESSION METRIC (MINDFULNESS) REFLECTION Yesterday was a fantastic day. I learned a ton from paper trading, and opportunities were everywhere. I captured decent opportunities in paper trading but still need to grow. As today starts, I am conflicted because the more I paper trade, the more it seems like achieving absolute consistency gets further away. I do not want paper trading to be a norm, even though it will most likely help me in the long run. A new change in strategy needs to be considered. Incorporating paper trading as a tool for tricky or frustrating days can be used to step back and re-evaluate.
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