Write out the exact market conditions under which this trade works best. Does it require a strong overall market, or does it thrive in a choppy environment?
Because as Mike says: "You are not a trader because you have an opinion. You are a trader because you can execute a play." the playbook pdf mike bellafiore
Not all trades deserve equal risk. The Playbook teaches traders to risk the most capital on setups that display the highest statistical win rate and best risk-to-reward profiles. Conversely, unproven or lower-probability setups should be traded with minimal size. How to Build Your Personal Playbook Write out the exact market conditions under which