Part E · Loop — Chapter 16
The bi-weekly ritual checklist
After this: run the whole system in one sitting every two weeks, leave limit orders behind, and touch nothing until the next review.
The ritual on one page
Every step is a filter. Most review days end at one of the "do nothing" exits, and that's the system working. Buttons only get pressed at the end, and only as pre-placed limit orders. His "99% of the time is waiting" is built in.
flowchart TD
O[0 · Open book: positions + old orders] --> A[1 · BTC context: HTF 200s, range, RS]
A -->|breakdown / puddle| N[Do nothing · vacation mode]
A --> B[2 · 4-sec scan: BTC → ETH → alts]
B -->|can't name it / down / untradable| N
B --> C[3 · Trend proxy: 200s TF it respects]
C --> D[4 · Confluence: 200s + structure + gray box]
D -->|one part only| N
D --> E{5 · Regime?}
E -->|chop ≥3 flips| N
E -->|range| R[Range rules: bid lows, TP mid/highs]
E -->|trend| F[6 · Setup: limit order at HTF zone]
R --> G
F --> G[7 · Stop where reasons flip · size = risk$ ÷ stop%]
G --> H[8 · TP ladder by level merit · keep core]
H --> Z[Close the platform until next review]
N --> Z
0 · Open book
- ☐ Each open trade: are its justifications still standing? Yes → hold. All flipped → exit. Ch 9 ▶ Stop Loss 0:50
- ☐ Which plan am I in: A, B, A2 or C? Ch 9 ▶ Giving Back 3:06
- ☐ Under water since the last review and the reason is gone → cut. Ch 15 ▶ Top 5 Tips 9:46
- ☐ Cancel every limit order whose zone was lost or no longer matches a live setup. Ch 15 ▶ Top 5 Tips 17:02
- ☐ Log hold time of each closed trade (wins vs losses). Ch 15 ▶ Top 5 Tips 9:46
- ☐ Tired or rushed → move the review. Ch 15 ▶ Top 5 Tips 17:02
1 · BTC context
- ☐ BTC HTF first: 200D, weekly structure, the big range. Ch 5 ▶ Analyze Charts 0:12
- ☐ BTC weak / illiquid / bearish → fewer trades, only the strongest outperformers. Ch 6 ▶ Watchlist W6 0:25
- ☐ Equities ↑ + BTC flat = weaker; equities ↓ + BTC flat = lagging. Ch 5 ▶ Time Different? 0:33
- ☐ Label each thought: drawn = speculation, structure/200s = interpretation. Ch 5 ▶ Spec vs Interp 0:13
- ☐ Move feels huge → compare to the ADR and the bigger range. Ch 5 ▶ Recency 17:21
2 · 4-second scan
- ☐ Spacebar through BTC → ETH → alts. Name the state in 4 s or skip. Ch 1 ▶ Foundation 4:38
- ☐ Keep only coins that look better than BTC. Downtrenders: 10-ft pole. Ch 6 ▶ Watchlist W6 17:24
- ☐ Drop algo steps, pump wicks, illiquid, no structure. Ch 6 ▶ Watchlist W9 1:50
- ☐ Last list: still above HTF 200s + demand → keep; ranging or lost trend → drop. Ch 6 ▶ Best Alts 0:53
- ☐ End with ≤5 coins. Ch 6 ▶ Watchlist W10 0:06
3 · Trend proxy
- ☐ Find the 200s (MA + EMA) timeframe the coin respects; crossed back and forth → not respected. Ch 2 ▶ Snowball 6:32
- ☐ Map it: 1H → 4H trend, 4H → daily, 200D → weekly. Ch 2 ▶ Scaling 5:11
- ☐ Only a very fast MA portrays the trend → below the bi-weekly floor (4H/daily), skip. Ch 6 ▶ Watchlist W14 6:25
- ☐ Bounces and wicks aren't strength. Need an HH on a meaningful TF. Ch 2 ▶ Scaling 12:54
4 · Confluence
- ☐ 200s + market structure + gray box at one price → valid. One part alone → skip. Ch 7 ▶ Top 5 + BTC 19:23
- ☐ Write the justification. The invalidation is the same list reversed. Ch 14 ▶ Therapy 2:48
- ☐ Needs a 30–60% move to be proven wrong → not actionable; drop to a nearer proxy. Ch 5 ▶ Recency 2:23
5 · Regime
- ☐ Bias flipped ≥3 times in a few days → chop: no trend trades, range mindset or step away. Ch 4 ▶ Rational 13:16
- ☐ Range → bid the lows, TP mid and highs; ignore LTF MAs. Ch 3 ▶ Isolating 1:52
- ☐ Breakout holds → new trend, don't fade. Falls back in → deviation, expect mid then the other side. Ch 3 ▶ Winner's Mentality 2:30
- ☐ Lost 4H 200s + daily LL → downtrend, not a dip. No dip bids. Ch 11 ▶ Bottom Buying 4:43
6 · Setup, placed as a limit order
His LTF reclaim entries don't fit a two-week cadence. The adapted version is his Setup A: bid the stacked HTF zone in advance and let price come to you.
- ☐ Name the archetype. Ch 7 ▶ Watchlist W13 17:12
- ☐ Fast impulse into a stacked HTF zone → limit bid at the zone (A). Ch 7 ▶ Watchlist W16 8:11
- ☐ Slow bleed / illiquid / dying narrative → no pre-bid. Ch 7 ▶ Watchlist W5 6:38
- ☐ Price already left the zone → no chase. Missing is fine. Ch 7 ▶ Watchlist W17 10:15
7 · Stop and size
- ☐ Stop where every entry reason has flipped (below the 200s + last HL + zone). Ch 9 ▶ Stop Loss 1:34
- ☐ Position = (account × 1%) ÷ stop %. Wider stop → smaller position. Ch 8 ▶ Leverage 7:43
- ☐ RR × probability × my situation all OK? Textbook R ≲ 2.5 → probably skip. Ch 8 ▶ RR + Prob 1:47
- ☐ Plan up / sideways / down before placing. Need one outcome → don't. Ch 14 ▶ Never Wrong 1:05
- ☐ Check the order: price zeros, size zeros, right coin, stop attached. Ch 15 ▶ Top 5 Tips 17:02
8 · Take profit and exit
- ☐ TP size ∝ level timeframe: small at LTF lines, a good chunk at daily/weekly zones and range highs. Ch 10 ▶ Take Profit 0:43
- ☐ Keep a core while justifications stand. TP ≠ bearish. Ch 10 ▶ Manage Trades 6:06
- ☐ Price discovery → TP slices at 1.618 / 2.618 / 3.618 / 4.236. Ch 12 ▶ Retire Cycle 1:37
- ☐ First real trend break → take more. 4H 200s lost + daily LL → full exit, scaled out as scaled in. Ch 10 ▶ Manage Trades 11:27
- ☐ Exit only on the system I entered on: no RSI, candle, news or tweet exits. Ch 13 ▶ Doing Nothing 2:04
- ☐ Price up, nothing new (level / trend / structure) → confidence and size unchanged. Ch 14 ▶ Therapy 7:22
Otherwise: do nothing
- ☐ No signal → no order. Dodging the sell-off is how you catch the rally. Ch 13 ▶ Doing Nothing 0:00
- ☐ No trades between reviews: boredom, 2am and "one more" trades are the domino's first tile. Ch 15 ▶ Unbiased 4:08
- ☐ Stopped out → 5 minutes, then move on. No averaging down. Ch 15 ▶ Winners vs Losers 15:17