If you want to make money effortlessly
Build setup around the structure
Develop a process loop to trade that setup and run it.
Unless you have set process loop you will flirt from method to method.
Process loops develop procedural memory…
The benefit of running a process loop will be apparent after 4 to six months…
Doing the same thing again and again and again and fine-tuning the process develops expertise…
Throughout the day or after closing run your process loop.
Depending on your setup idea and timeframe of the trading process loop will vary…
Running the same process loop for an extended period of time will make you an expert on a setup…
Stick to few set up and do the same shit every day till you become an expert on that setup…
If the underlying setup idea is thought through and well designed, during the day the task is to run a process loop.
Thinking through a setup idea is one-time effort.
Process loop allows you to make money out of that setup.
When you do the same thing again and again, day in and day out, at some stage it becomes an automated task and the brain spends a very small amount of energy doing it.
It becomes part of you and instinctively you can figure out, whether this is a good setup or not, where to enter and exit, and how much to risk.
Each of the setups you want to trade needs a process loop.
All that one does is run the loop during the day.
The day you realize trading success is about developing procedural memory by developing a process loop, you will be on the path to success.
Trading success is about developing expertise.
When you try and develop the expertise you train your procedural memory. If your efforts at training procedural memory are successful then you will become efficient in trading.
Expertise is narrowly focused.
Specialize in a setup idea
Once a process loop is in place making money is effortless
Source: http://stockbee.blogspot.com/2022/11/if-you-want-to-make-money-effortlessly.html
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