Strategies
Turning a written playbook into rules you can audit after the session, not stories you invent later.
Rules You Can Audit Afterward
A rule that cannot be checked after the session is a slogan. Build definitions that a second person — or your future self — could score without the P&L column.
Trading the Session You Actually Have
Liquidity, news density, and your own attention are not the same at 08:30 and 15:45. A playbook that ignores the clock is a playbook for a market that does not exist.
Two Families: Trend Continuation and Mean Return
Most discretionary methods are cousins of two ideas — follow acceptance, or fade stretch. Mixing them without a regime rule is how playbooks contradict themselves.
The One-Page Playbook
If the method cannot fit on a single page, it cannot be followed under stress. Write entries, invalidation, size, and stand-aside rules so a stranger could grade you.