Build a Repeatable Process
Plan, loss budget, sizing, journal, review, expectancy and psychology.
What you will be able to do
Create a personal process template you can grade.
Before starting, Any of the earlier paths.
- 01
The plan
14 minRead the full article: Size for a loss you can actually experienceSetup, evidence, acceptable loss, invalidation, execution and review, written before entry.
Exercise
Write a plan containing an observable invalidation and a stated full-loss figure.
What to look for
Both must be numbers or observations you could verify without hindsight.
- 02
Loss budget and sizing
14 minRead the full article: Size for a loss you can actually experiencePlanned-stop sizing and full-loss exposure are different questions.
Exercise
$1,000 capital, 1% loss budget, 20% stop. What is the stop-based notional and the full-loss exposure?
What to look for
Stop-based notional $50; full-loss exposure is up to $50 plus costs.
- 03
Correlated exposure
10 minRead the full article: Size for a loss you can actually experienceDifferent tokens can carry the same risk, and copying several wallets can concentrate it.
Exercise
You hold five tokens in one narrative at 2% each. What is your realistic worst case?
What to look for
Closer to 10% than 2%, since a narrative failure can affect all five at once.
- 04
The journal
12 minRead the full article: Keep a journal that preserves the original decisionRecord what you knew before the outcome, including skipped and missed trades.
Exercise
Why record skipped trades?
What to look for
They show whether your filters removed genuine risk or good opportunities, and they resist hindsight rewriting.
- 05
Review and expectancy
14 minRead the full article: Size for a loss you can actually experienceGroup comparable setups, inspect sample size and costs, and choose one concrete change.
Exercise
40% winners at +2R, 60% losers at −1R. State expectancy and two caveats.
What to look for
+0.2R per trade, before omitted costs, and dependent on a sample that may be too small to be meaningful.