The plan
The rules every session is measured against. Dollar limits are a percentage of that day's starting equity, so they move with the account — the figures below are shown against $5,000.00.
Risk
Daily profit target
$250.00
5% — a milestone
Maximum daily loss
$100.00
2% — hard stop
Preferred risk / trade
$25.00
0.5% — warning above
Absolute risk / trade
$50.00
1% — never exceeded
The 5% target is a daily goal, not an expected or guaranteed return. Most days will not hit it, and missing it is not a discipline failure.
Entry windows
America/New_York| Day | New positions and adds | Managing an open position |
|---|---|---|
| Monday | 07:00–10:00 ET | Any time |
| Tuesday | 07:00–08:15 ET | Any time |
| Wednesday | 07:00–08:15 ET | Any time |
| Thursday | 07:00–08:15 ET | Any time |
| Friday | 07:00–10:00 ET | Any time |
| Weekends and market holidays | closed | — |
After the cutoff, exits, reductions and stop-losses are always allowed. Opening a new position or increasing size is not.
Stock qualification
- Float
- 5,000,000 – 30,000,000 shares
- Entry price
- $0.70 – $3.00
- Short sale restriction
- Active
- Relative volume
- ≥ 2.0×
Float, SSR and relative volume cannot be proven by a trade log. When they are not supplied, the check reports “not evaluated” rather than passing or failing.
Setups
- First Candle to Make New High
- planned
- High of Day Breakout
- planned
- Dip Buy
- planned
- Other / Unplanned
- less structured
An unplanned trade is not automatically a bad one — it is simply less structured, so it is recorded and measured rather than condemned.
Active rules
15 scored- Trading windowDisciplineHIGH
New positions and size increases only inside the allowed entry window. Exits, reductions and stops are always permitted.
- Float rangeQualificationMEDIUM
Float between 5,000,000 and 30,000,000 shares inclusive.
- Price rangeQualificationMEDIUM
Initial entry between $0.70 and $3.00 inclusive.
- Short sale restrictionQualificationMEDIUM
SSR active on the name.
- Relative volumeQualificationMEDIUM
Relative volume at or above the configured minimum.
- Never add to losersExecutionCRITICAL
Never increase size while the position is underwater against its weighted-average cost at that moment.
- Named setupExecutionLOW
Every trade carries a planned setup classification.
- Daily loss limitRiskCRITICAL
Realized daily loss never breaches the configured maximum.
- Preferred risk per tradeRiskMEDIUM
Risk per trade at or under the preferred percentage.
- Absolute risk per tradeRiskCRITICAL
Risk per trade never exceeds the hard maximum.
- Consecutive-loss stopDisciplineHIGH
Stop initiating new trades once the consecutive-loss threshold is reached.
- Green to redDisciplineMEDIUM
Analytical signal: the session was meaningfully positive and finished negative.
- Stopped after the loss limitDisciplineCRITICAL
Once the daily loss limit is breached, no new positions and no adds. Exits, reductions and stops stay allowed.
- Stopped after the profit targetDisciplineHIGH
Once the daily target is reached the day is done: no new exposure. Closing and reducing stay allowed.
- Daily profit targetPerformanceINFO
Performance milestone, never a discipline failure. Missing it does not reduce adherence.
Tracking, not yet scored
3 dormantThese are recorded but deliberately do not affect any score. Each one needs evidence from real sessions before a threshold can be set honestly rather than guessed.
- Maximum trade countDisciplineTracking · not yet scored
Trade-count ceiling. Collecting data first to learn whether expectancy decays by trade number.
- Bid/ask spreadQualificationTracking · not yet scored
Spread ceiling. Recording spreads first to learn whether they predict poor fills.
- No chasingExecutionTracking · not yet scored
Chase detection. Tagged by hand for now; needs an objective definition before it can score.