90 Day Challenge

Day 1 - July 8, 2018 (Sunday)

 
I had a great opportunity to have Sir Rave to teach me about Darvas Box and Risk Management. I learn a
lot of new terms regard Darvas Boxes as well as how to set TP. I learned to compute for my risk and had
added it when I am going to have my trading plan. I had my Portfolio in my virtual account reset to
100,000 and we created a watchlist for the 2nd Week of July. He also asked me to create my own rules
that I will follow as I journey to my 90-day challenge. Each day, I must have something new to learn
which is related to trading.
 
Aside from having to create a plan when trading I must still allot a time to study other things. As of now
here are my plan throughout the week
To Do list:

 Backtest Kidlat Trades

 Study the format of Kidlat when Backtesting Trades
 Planning
 Journaling
 Rules in the 90-day challenge

Day 2 - July 9, 2018 (Monday)

 
Tasks Done for the Day
 Read Kidlat Chronicles
 Re-dissect Kidlat February Trades and use his format (2/6)
 Check Watchlist Again

 I had prepared my trading plan and prepared myself in entering the trades. I also had my alerts
ready. I have 4 stocks in my Tier-A watchlist. CHP, ION, RWM and NOW. In the morning CHP is
the one that is going near my entry price (3.13-3.15) but the price overshoot up to 3.20 and is
far from my entry points. So, I decided not to buy at that moment. The price went down slowly
until the break. Until then I decided to buy at breaks or at EOD. At EOD the price closed at 3.02
which is way below my entry point. Upon buying I am also checking the market depth/Bid ask
table.
 
 This day, I had also tried the PSE Tools SMS alert. It is good for traders that have full time jobs
and cannot monitor the market whole day. The only con is that it is only a 1-time alert. Meaning
that if the price overshoot intraday above your set price and went back below then went up
again to your set price, it will not alert you again.
 
Realization for the Day:
 This is the first time that I had planned carefully my trades as well as take account the risk in my
planning. This is also my first time anticipating the stock that I'm going to buy, and I was really
stressed in anticipating the current price for my entry. Since for my set-up which is breakout, it
is possible and more appropriate to buy at EOD since it is the time where the price had stable
and I can see clearly if the stock movement went along with my bias. Also, in my planning I will
 add a "Time of Entry" Column in which I will consider which time will I will buy/sell but will still
take account variable changes.

 Day 3 - July 10, 2018 (Tuesday)

  
 I started the day with a video (Trader Motivation - Trading Motivational Video by The Duomo
Initiative at Youtube) which really makes me motivated in times when I feel lost and exhausted
in studying stocks.
 
 I also planned to watch videos regarding habit since I know it will help me throughout my 90-
day journey. I came across 2 videos regarding habit.
 
1. 5-minute book review of The Power of Habit by Charles Duhigg and here are some key takeaways
that I had.
 Between reading Buying a book, reading a book, and Applying the book may take a
substantial amount of time so stop procrastinating
 You cannot delete or erase old habits/patterns that is why it is so easy for us to fall back
into our old ways
 Bad habits are often formed through comfort
 Since we cannot erase old habits we need to do something about it.
 Don't ask for health advice from fat people, don’t ask for financial advice from poor
people - This concept really got me since I rarely ask advice from people who has more
experience than me.
 Be careful who you listen to. Bad habits are formed due to peer pressure. Find people
who you know will give you positive habits.
 
2. Ted Talk of Charles Duhigg regarding The Power of Habit
 Rat Experiment - 40-50% decisions we make in our day is based on habit
 The Habit Loop: Cue - Routine - Reward >
 Example - Exercise:
o Cue (Put running shoes beside your bed)
o Routine (Exercise)
o Reward (Cake)
 Marshmallow Test
o Cue (Marshmallow in front of a kid)
o Routine (Waiting for minutes)
o Reward (2 Marshmallow)
 How do you teach willpower?
o By choosing a reaction
 How do you change a habit?
o Design your habit
o Be more specific (Don’t - I wanna lose weight)
 
Day 4 -July 11, 2018 (Wednesday)
 
Tasks Done for the Day:
 Re-dissect Kidlat Feb Trades using new format (6/6)
 Continue to Dissect Kidlat Trades (2015) - 9/35
 Review Watchlist/ Trading Plan
 
Motivational Video of the Day:
Jim Rohn STOP WASTING ANY MORE TIME -Law of Attraction Coaching (Youtube) Notes
 Reapers are reserved for the planters
 Keep knocking, and you will find the right doors. Doors of opportunity, doors of wisdom,
doors of right colleague.
 I want to begin the process of deserving
 Law of Riches and Wealth
o Find a way to serve to many
o Service to many leads to greatness
 Give yourself a time to change. Give yourself
 Personal Development
o Steps to Success
 Good Ideas
 Good Plans, Extreme Health Plan
 
I walk on my way home from Centris to apolonio samson and arrived at 7pm. I rested for a while
until 8pm before I began to chart. I still am having a hard to to focus my time purely on charting
since I was a little distracted by other things like my cellphone. I had only dissected 3 charts this
night but If I really tried hard maybe I can finish dissecting Kap's trades by that night. Maybe it is
better if I give myself deadlines when I set my To-do-list/Tasks and give myself a reward if I finished
it.
 
Day 5 - July 12, 2018 (Thursday)

Tasks Done for the Day

 Continue to Dissect Kidlat Trades (2015) - 22/35 done
 Review Watchlist/ Trading Plan
 
Computed All my latest expenses related to trading and I added some notes/remarks regarding that
expense or should I say investments or learning fees.

1. Inspire PH - 2000
 This is my first investment with regard in the stock market. I was having second
thoughts since it was quite expensive. It was expensive for me since it was my first time to
attend such event.
 It was really a good experience, but I hope that the whole day was about trading. I
should’ve attended last year’s Investa Summit
2. Money Growers Pampanga - 2000
3. Money Growers QC - 5000
4. Rift Live QC - 6500
5. Ocean 5 Mentorship - 5000
  I availed this because I was looking for a mentor and I found BRIAN (Triggerred Channel)
is opening his mentorship program but the price range is 50k to 80k. I really don't have
enough money that time and if I have, I will not have enough buying power. Another thing is
that I am already a follower of the ZFT system, I may have a hard time to adjust since Brian
may teach his own system. I was really frustrated since I was looking for a mentor and he was
that was available for registration. So, I search for groups and found out about Ocean 5, I
inquired for the price and it was only 5000. I thought that it was very cheap compared to
others. I also thought about I had spent almost 15k with regards to trading and this is only a
small amount to pay for the long run.
 It is a four-week course. There are 4 mentors and every weekend one mentor will
conduct a fb live to run his discussion and he will give us homeworks regarding his teaching. I
only listened to the first one.
 Positive Feedback
o I think the program is good for beginners who wants to have a crash course
regarding the technical side of the stock market. They really have good content and
since I am only familiar with the ZFT system, it is a good time to be familiar with the
system of others and how they profit in the market.
 Negative Feedback
o Since there are 4 mentors and each of them has their own way/style/techniques
in the stock market. There may have been some confusion or knowledge overload. Each
of them uses different indicators.
o But it is good to be familiarized with all those indicators and in the end you will
choose the one that you like or fit your personality. But if you follow all of them, you will
going to have a hard time.
 
6. SS Reboot - 3000
TOTAL - Pesos 23,500
 
As of now I'm still thinking if I will attend the Millionaires Mind Intensive at MOA but I'm thinking
hard since it is not related to trading.
 
TRADING RX with Stephen Strange
 
Listened to Trading RX with Kap and SS and here are my notes:

1. I was a newbie, am a newbie, will still be a newbie

 AKNY - Alam ko na yan mindset
 Even though athletes are already good, they still pay for their coach/mentor

2. We need skills to pay the bills

 Don’t wish for money, wish for skills.
 Kung marami lang akong skills, mababayaran ko bills ko
 Ex. Doctors
 Money without skills is Dangerous

3. Focus on the roots, not on the fruits

 Environment - Support Groups, para mahawa ka sa sipag at tiyaga
 Rich people get paid on results, Poor people get paid based on time
  Living based on security is living base on fear.
 Confidence comes from repetition
 Courage - doing something despite fear
 Repetition is the mother of skills

4. Learning never stops at school. Never stop learning because the market never stops teaching
 Mindset pag ka graduate - I made it, I did it but in reality, your life is just starting
 Don’t hesitate when it comes to learning.
 Tips to be coachable
o Never let a day pass that you don't learn anything
o What do you do today that brings you closer to your dreams?
o When the student is ready the teacher will appear
 3 levels of learning
o L-Learning
o E-Execution
o T-Teaching
 If the market is a teacher you must be the best student
 My goal to is to be a good trader, better mentor and the best student of the market
5. Prioritize personal growth and financial success will follow
 
 
Day 6 - July 13, 2018 (Friday)
 
Tasks Done this Day
 Re-read Kidlat Chronicles Volume 2
 
Notes Regarding CHP Trade
 
In the morning CHP hit my entry range (3.13-3.15) but according to my plan, I will only buy at EOD.
I am having a hard time if I will buy now since buying intraday/now is DB50 Breakout with
confluence to MA50. But in the end, I realize that I will stick to my original plan and just plan better
for the next trading days.
 
Planned this last July 8, 2018 and was triggered Friday that week. There are many highfliers like
TBGI, ATN but followed by a blowout candle next day. I think that trading in this market is very
challenging. In this trade I was not quite confident because there is no volume and the stock is
ranging. I expected more volume during the mini breakout but there is only a small volume.
 
Another realization, set realistic TPs. Since this is a bear market season, it is better to set your Target
Prices much lower or realistic. Or just set and adjust your trail stops when you already have gains
(5%-10%). Don't expect much greater reward.
 
Kidlat Chronicles Volume 2
I reread Kidlat Chronicles Volume 2 since it is applicable in this market. Volume 2 is entitled "Three
Days to Kill" and is about Bounce Plays. Here are my notes regarding this.
 Classic Bounce Plays usually have a 3-day timeframe (common)
 Day 1 - Support Hit
o Buy Day. Where the price hits a support.
 o Lowest candle of the bounce
o Support can be Darvas Box, MA, Fibonacci Retracement, Darvas Box, MA,
Fibonacci Retracement level or a combination of any of the three.
o Perfect set-up can be seen if there are Signs of Reversal Candles
 Strong Green Candle
 Doji
 Morning Star
 Hammer
 Bullish engulfing
 Bullish Abandoned Baby
o You can buy at EOD for a clear sign but still be careful. Day 1 - EOD is still day 1
and there are still 2 days for the stock to ascend if it will follow the 3-day rule
 Day 2 - Momentum Continuation "Acceleration Phase"
o Entries in this day is late. It is good to monitor by the minute
o Day 2 also serves as the "Confirmation Day"
 Close should be above the close of Day 1
 Low of this candle should also be higher than the previous day's LOW
creating a higher low
 Ideally close at the top 25% of the candles range (Strong Close)
 Day 3- Resistance Hit "Sell Day"
o This is where you take profits
o This is where the price hits an important resistance
 
 
Day 7- July 14, 2018 (Saturday)

Tasks Done this Day:

 Created a Watchlist
 
I attended a PREX Seminar in our parish and the event was finished by 9PM. I arrived at home
9:30PM and I updated my watchlist for the 3rd Week of July 2018 before going to sleep.
I have also updated the charts at Investagrams of the stocks that I have been observing for the past
couple of days.
 
 
 
 
Day 8 - July 15, 2018 (Sunday)

Tasks Done this Day:

 Created a Plan of my Current Positions
 

I attended day 2 of my Prex Seminar and I got home 11pm. I reviewed my watchlist for tomorrow
and sir Rave told me to create a plan of my current positions and create 3 scenarios on which the
stock may pursue sideways, upward or downward.
 
 
 
Day 9 - July 16, 2018 (Monday)
 
Tasks Done this Day:
 Watchlist Review
 Finished Dissecting Kidlat Trades (2015) - 35/35
 Dissection of Missed Trades
o ISM (bounce)
o WIN (Momentum - Pause Day)
o ECP (DB50 + Confluence with MA100)
o ECP (MA100 and DB50 Breakout) - observed till end of 3rd week 
 Trading in the Zone - Mark Douglas - Chapter 1

 
I haven't done enough studying last week so I will try to make up for my time this week.
I will practice more and give time on scanning stocks. I haven’t seen anything in ECP when I was
scanning but when I saw a post that it is DB50 Breakout + Confluence of MA100
 Also in this time, there is a telco wars where stocks related to telecommunications are the one that
has volume. Maybe I can consider them in my scanning phase or I will just improve my it.

Finished Dissecting Kidlat Trades, there are many intraday trades in which I can't access the data so I
cannot analyze properly the data. Some are quite easy to understand but some are I am not sure
whether my analysis are correct. As of now maybe I'll dissect the RECENT trades of some ZFT's and
check their biases
 
Day 10 - July 17, 2018 (Tuesday)

Tasks Done this Day:

 Watchlist Review and Current Positions Review (CHP)
 Trading in the Zone - Mark Douglas - Chapter 1

Trading in the Zone Notes:

It all boils down to learning that -
(1) you don't need to know what's going to happen next to make money
(2) anything can happen; and
(3) every moment is unique, meaning every edge and outcome is truly a unique experience.
 
Chapter 1
 
 The winners have attained a mind-set—a unique set of attitudes—that allows them to
remain disciplined, focused, and, above all, confident in spite of the adverse conditions. As a
result, they are no longer susceptible to the common fears and trading errors that plague
everyone else.
 The best traders not only take the risk, they have also learned to accept and embrace
that risk. There is a huge psychological gap between assuming you are a risk-taker because
you put on trades and fully accepting the risks inherent in each trade.
 Ninety-five percent of the trading errors you are likely to make—causing the money to
just evaporate before your eyes—will stem from your attitudes about being wrong, losing
money, missing out, and leaving money on the table.
 We need technique to achieve consistency
 if you are afraid of being wrong or losing money, you won't be confident in the face of
constant uncertainty
 
Day 11 - July 18, 2018 (Wednesday)
 
Tasks Done this Day:
 Watchlist Review and Current Positions Review (CHP)
 Trading in the Zone - Mark Douglas - Chapter 2 and Chapter 3
 
 
Chapter 2

The Lure and Dangers of Trading

 
The Attraction
 
 Trading is an activity that offers the individual unlimited freedom of creative expression,
a freedom of expression that has been denied most of us for most of our lives
 Every child is curious.
 
The Safeguards
 To operate effectively in the trading environment, we need rules and boundaries to
guide our behavior.
 Trading has no formal ending. The market will not take you out of a trade.
 One of the many contradictions of trading is that it offers a gift and a curse at the same
time. The gift is that, perhaps for the first time in our lives, we're in complete control of
everything we do. The curse is that there are no external rules or boundaries to guide or
structure our behavior.
 I've worked with countless traders who would spend hours doing market analysis and
planning trades
for the next day Then, instead of putting on the trades they planned, they did something else.
The trades
they did put on were usually ideas from friends or tips from brokers. I probably don't have to
tell you
that the trades they originally planned, but didn't act on, were usually the big winners of the
day.
 This is a classic example of how we become susceptible to unstructured, random trading
—because we
want to avoid responsibility.
 When we act on our own ideas, we put our creative abilities on the line
and we get instant feedback on how well our ideas worked. It's very difficult to rationalize
away any
unsatisfactory results. On the other hand, when we enter an unplanned, random trade, it's
much easier
to shift the responsibility by blaming the friend or the broker for their bad ideas.
 The market doesn't respond to control and manipulation (unless you're a very large
trader).
 
Chapter 3
 
SHAPING YOUR MENTAL ENVIRONMENT
 They have acquired a mental structure that allows them to trade without fear and, at
the same time, keeps them
from becoming reckless and committing fear-based errors. This mind-set has a number of
components,
but the bottom line is that successful traders have virtually eliminated the effects of fear and
recklessness from their trading.
 This lack of fear translates into a carefree state of mind, similar to the state of mind
many great athletes
describe as a "zone."
 When two opponents are evenly matched, what's the factor that tips the balance one
way or the other? In both cases, the answer is attitude.
  The point is, if you have ever found yourself blaming the market or feeling betrayed,
then you have not given enough consideration to the implications of what it means to play a
zero-sum game. Any degree of blaming means you have not accepted the reality that the
market owes you nothing, regardless of what you want or think or how much effort you put
into your trading.
 Taking responsibility means believing that all of your outcomes are self-generated; that
your results are based on your interpretations of market information, the decisions you make
and the actions you take as a result. Taking anything less than complete responsibility sets up
two major psychological obstacles that will block your success
 Learning more and more about the markets only to avoid pain will compound his
problems because the
more he learns, the more he will naturally expect from the markets, making it all the more
painful when
the markets don't do their part.
 
WINNERS, LOSERS, BOOMERS, AND BUSTERS
 
 Euphoria and self-sabotage are two powerful psychological forces that will have an
extremely negative
effect on your bottom line. But, they are not forces you have to concern yourself with until
you start
winning, or start winning on a consistent basis, and that's a big problem.
 Classification of traders based on the results that they achieve
o The smallest group, probably fewer than 10 percent of the active traders, are
the consistent winners. They have a steadily rising equity curve with relatively minor
drawdowns. The drawdowns they do experience are the type of normal losses that any
trading methodology or system incurs. Not only have they learned how to make money,
but they are no longer susceptible to the psychological forces that cause the boomand-
bust cycle.
o The next group, which consists of between 30 and 40 percent of the active
traders, are consistent losers. Their equity curves are mirror images of the consistent
winners' curves, but in the opposite direction— many losing trades with an occasional
winner. Regardless of how long they have been trading, there's much about it that they
haven't learned. They either have illusions about the nature of trading or are addicted
to it in ways that make it virtually impossible for them to be winners.
o The largest group, the remaining 40 to 50 percent of the active traders, are the
"boom and busters."
They have learned how to make money, but they haven't learned there s a whole body
of trading skills
that have to be mastered in order to keep the money they make. As a result, their
equity curves
typically look like roller-coaster rides, with a nice, steady assent into a steep dropoff,
then another nice,
steady assent into another steep dropoff. The roller-coaster cycle continues on and on.
 If you shift the blame in order to block the painful feelings that
result from beating yourself up, all you've done is put an infected Band-Aid on the wound.
You may
 think you have solved the problem, but the problem is only going to resurface later, worse
than before.
It has to, simply because you haven't learned anything that would cause you to make the land
of
interpretations that would result in a more satisfying experience.
 
 
Day 12 - July 19, 2018 (Thursday)
 
Tasks Done this Day:
 Watchlist Review
 
I haven’t done anything but reviewed my watchlist for the night since I attended PREX seminar and
went home by 11pm. I will rest first so that I will take care of my body and be healthy so that I can
study for much longer.
 
Day 13 - July 20, 2018 (Friday)

Tasks Done this Day:

 Watchlist Review
 
 
Day 14 - July 21, 2018 (Saturday)
 
Tasks Done this Day:
 Attended “The Missing Piece” of Stephen Strange

Learned many things in this event and here are my key takeaways from this event.
 I became familiar with the Pomodoro Technique in which I will use it when I study.
o Pomodoro Technique Steps
1. Choose a task to be accomplished.
2. Set the Pomodoro to 25 minutes (the Pomodoro is the timer)
3. Work on the task until the Pomodoro rings, then put a check on your sheet of
paper
4. Take a short break (5 minutes is OK)
5. Every 4 Pomodoros take a longer break

SS gave us a Thesis to do and let us choose our deadline. My first suggestion is Friday deadline, but
he said that it was too long, so I changed my deadline to Wednesday 10pm. Here are the things that
must be included in the homework.
 1. Introduce Yourself. Trading Career
 2. Purge List
 3. Goals with Deadline (Daily, Monthly, 6 months, Before the Year Ends)
 4. Trading Commandments
 5. Trading Routine
 6. Punishment & Reward System
 7. Personalized Demon Finder
 8. Watch 21 Movie and Relate it to Trading
  
Day 15 - July 22, 2018 (Sunday)
 
Tasks Done this Day:
 Review my notes from SS Seminar
 THESIS (2/8) - Wednesday 10 PM DEADLINE
o Introduce Yourself. Trading Career
o Watch 21 Movie and Relate it to Trading
 Create Watchlist
 

Things I learned from the Movie 21

 
 Ben wanted to study medical school at Harvard but there was a problem, the competition to be
a scholar is very hard and if he didn’t become a scholar, the tuition is very expensive
($300,000.00). But he didn’t lose hope since it was his goal to study there.
o There will always be obstacles hindering our way to achieve in our dreams. But we must
not lose hope and we must have a burning desire to do everything we can to achieve
our dreams. In trading, we will have many losses and whips, but we will not let it hinder
us to pursue our goals.

 “There's one more thing, Ben, and this is important. We're counting cards, we're not gambling.
We're following a specific set of rules and playing a system.”
– Professor Rosa to Ben
o You need to have an established system and specific rules in trading. These things will
lead you to success, many people had already been successful because of it. If you don’t
have one but still trading, then you are gambling, and you are going to lose big time.

 “I've seen how crazy it can get at those tables, and sometimes, people lose control. They give in
to their emotions. You will not. You understand?”
– Professor Rosa to Ben
o Soon there will be times that we are going to win big or lose big, but we must not give in
to our emotions, we must still be focused and must not lose control. Those emotions
will lead you to destruction.
o There was time in the movie where Ben let his emotions control him. Even though Prof.
Rosa had given him advice he still let it happen. In trading, we may have been reminded
by people countless times that we must not let our emotions control us, but still it is up
to us if we are going to let it happen.

 “You know what's worse than a loser? Someone who won't admit he played it wrong.”
- Professor Rosa to Fisher
o In trading, there will be surely have a time that we are going to lose. Be a man and be
humble enough to accept your losses and learn from your mistakes.
  “People, remember, if you don't know which door to open, always account for variable change.
Now, see, most people wouldn't take the switch out of paranoia, fear, emotions. But Mr.
Campbell, he kept emotions aside and let simple math get his ass into a brand-new car!”
– Conversation between Ben and Prof. Rosa regarding the Monty Hall problem
o In trading you need to keep your emotions aside and just follow your trading rules and
trading system and this will lead you to your “brand-new car”!
o Variable change is applicable in trading. This is when there will be times when the
market will not follow your bias and will do things that you may not have planned or
accounted for. So, you need to include in your plan what every scenario that will
happen.

 Ben, after deciding to join the team to play Blackjack, he had really spent time studying their
system. He focused on practicing and studying even though he is still a student. They also gave
ben a trial run on how their playing system works in an actual casino. In which he passed.
o Importance of Practice – After learning about the reality in trading, we need to allot a
huge amount of time to focus on studying and practicing how to trade. No matter easier
it may seem, we still need to practice it.
 
Day 16 - July 23, 2018 (Monday)
 
Tasks Done this Day:

 THESIS - Wednesday 10 PM DEADLINE (5/8)

o Purge List
o Goals with Deadline (Daily, Monthly, 6 months, Before the Year Ends)
o Trading Commandments
 Attended PREX Secretariat but still working on my thesis.
 Watchlist Checking
 
 
Day 17 - July 24, 2018 (Tuesday)
 
Tasks Done this Day:

 THESIS - Wednesday 10 PM DEADLINE (8/8)

o Trading Routine
o Punishment & Reward System
o Personalized Demon Finder
 Edited Kidlat Trades Dissection
 Watchlist Checking
 Dissected Missed Trades
o 1-ISM (Bounce)
o 2-WIN (Momentum -Pause Day)
 
  
Finished my thesis and Used PSE Tools chart to study since Investagrams are not working. Virtual
Trading is also not working so I’m having a hard time to practice my trades.
 
Day 18 - July 25, 2018 (Wednesday)

Tasks Done this Day:

 Dissected Missed Trades
o 3-WIN bounce - observed till end of 3rd week
o 4-ECP (MA100 and DB50 Breakout) - observed till end of 3rd week
o 5-CPM Observe
 Start my Study About Bounces (Reference is Kidlat Chronicles)
 Trading in the Zone – Mark Douglas Chapter 4
 Started to dissect Palzer Gozon Recent Trades (1/10)
 
Listened to Trading RX EP9 with Palzer Gozon
Here are his Course Syllabus:
 Intangibles Gaming: Reading Books:
o 1 book per month
 Setting Rules and System Following in Trading: 
 Recording, Reviewing, Dissecting my Trades
o Growth Mindset, you need to be excited to review your trades since you know
that it will help you grow.
 Follow-through: Creating Action Plan
 Random Acts of Kindness:
o Part of ZFT Culture, Part of Personal Development
 Accountability Partner
o This partner will account you of all the things that you are going through right
now. Your goals, actions plan, progress. Have a schedule and track your progress.
 
19 Military Lessons that made me a Millionaire - YouTube Vid
 
#1: Managing Chaos
 Everything is happening at the same time, you need to be poise and be calm.
#2: Mission Driven
 You need to have a goal.
#3: Limited Resources
 You must utilize your limited resources and don't complain.
#4: Multi-Task
#5: Perform Under Pressure
 You will learn a lot from anybody on how they can perform under pressure.
 "Nobody performs better under pressure than they do when there is no pressure"
#6: Managing Risks
 You will have many choices in life. Choose wisely and manage your risk.
#7: Thick Skin
 Sensitivity. You must have a thick skin. Somebody will say they don't like you, they don't
like your product, you will not be successful, but you need to have thick skin.
#8: Build a Tribe
 Build camaraderie with your colleagues.
#9: Leadership
#10: Learning Other Cultures
#11: Adapt
 Learn to adapt with what you have
#12: Survivability
#13: Independence
 It is not a good thing if you are still dependent to others. Independence today is very
difficult.
#14: Strategy
#15: Health
 Exercise.
#16: Preparation
#17: Paranoia
#18: Work Ethic
#19: Discipline
 
Chapter 4: Trading in the Zone
 
CONSISTENCY: A STATE OF MIND
 
Being consistent is not something you can try to be, because the very act of trying will negate your
intent by mentally taking you out of the opportunity flow, making it less likely that you will win and
more likely you will lose.
 
Your veiy best trades were easy and effortless. You didn't have to try to make them easy; they were
easy. There was no struggle. You saw exactly what you needed to see, and you acted on what you
saw. You were in the moment, a part of the opportunity flow.
 
Our minds are designed to automatically block threatening information or find a way to obscure
that information, in order to shield us from the emotional discomfort we naturally feel when we
don't get what we want. You won't realize it in the moment, but you will pick and choose
information that is consistent with what you expect, so that you can maintain a pain-free state of
mind.
 
The threat of pain generates fear, and fear is the source of 95 percent of the errors you are likely to
make. Certainly, you can't be consistent or experience the flow if you're consistently making errors,
and you will make errors, as long as you're afraid that what you want or what you expect won't
happen.
 
Now, you may be asking yourself, how can I think about trading in such a way that I'm no longer
afraid and, therefore, no longer susceptible to the mental processes that cause me to block,
obscure, or pick and choose information? The answer is: Learn to accept the risk.
 
REALLY UNDERSTANDING RISK
 
 Accepting the risk means accepting the consequences of your trades without emotional discomfort
or fear. This means that you must learn how to think about trading and your relationship with the
markets in such a way that the possibility of being wrong, losing, missing out, or leaving money on
the table doesn't cause your mental defense mechanisms to kick in and take you out of the
opportunity flow.
 
ALIGNING YOUR MENTAL ENVIRONMENT
 
To use the analogy of software code, that shift would be equivalent to finding the flawed line in
your mental system and replacing it with something that works properly. People normally describe
this kind of internal mental shift as an "ah, ha" experience, or the moment when the light goes on.
Everyone has had these kinds of experiences, and there are some common qualities associated with
them. First, we usually feel different. The world even seems different, as if it had suddenly changed.
Typically, we might say now of the breakthrough something like, "Why didn't you tell me this
before?" or, "It was right in front of me the whole time, but I just didn't see it" or, "It's so simple;
why couldn't I see it?"
 
Day 19 - July 26, 2018 (Thursday)
 
Tasks Done this Day:
 Transferred to Word file my 90-day challenge. Day 19/90

Downloaded Headspace app - For meditation purposes. I researched the benefits of meditation and
from what other traders have in their routine, they list this in one of their activities. 
 
 Day 20 - July 28, 2018 (Friday)
 
Tasks Done this Day:
 Transferred to Word file my 90-day challenge. Day 19/90
 Start my Study About Bounces (Reference is Kidlat Chronicles)
o Plan is 100 charts. Familiarize Set-up First
 Trading in The Zone: Chapter 5