Trade process management (TPM) is the discipline that oversees every single decision involved with trading. Trading itself is a rather simple and intuitive workflow. The difficulty lay in understanding where intuitive must become declared, falsifiable logic. In TPM we must define, declare, sequence & execute every single workflow like a computer would to create our “process”. Without doing this, you’re building an ambiguous relationship with a partner who has no mercy or concern for your guessing.
My tools bring you ever close to being able to define, declare & sequence your workflows.
The Price Action Journal Template
Price action traders focus on every price movement and generally do not use indicators to make trade decisions, but maintaining context is not as easy as having a signal generated by an indicator. Due to this, building a context specifically around price action nomenclature, logic and structure is crucial to seeing, memorizing and anticipating market behaviors. As a result of using this journal you’ll be able to build a trading workflow that is based on a library of your own personal market interpretation. By making this small investment in time, every day, you’re building equity that may eventually become transferrable, should you teach someone your system, logic, language and workflows. Download it now.
The Trader Challenge
Every trader begins this business believing they will be faster, better, smarter, less risky, more adaptable or otherwise superior to the stories they’ve heard. Ego has its pitfalls! The trader challenge is a dedicated, continuous and unchanging effort for a fixed period of time. It’s a commitment to doing the same thing without changing anything, no matter how your knowledge evolves. This journal template is the key to starting this challenge on the right foot. It was developed and tested by a trader, for traders. Below is a video describing the challenge & the journal itself. Download it and start your journey right!