For each setup, create a dedicated document. Include screenshots of the daily chart, the intraday chart, and the specific moment of entry. Write out the exact market conditions required for this trade to exist. 3. Establish Clear If/Then Rules Remove emotion by scripting your actions in advance.
Analyze order flow using Level 2 and Time & Sales. Look for held bids, aggressive buying, or hidden sellers. 4. Risk Management Rules the playbook pdf mike bellafiore extra quality
Perhaps the most inspiring part of The Playbook is the narrative of the trader known as "Pippen." Bellafiore describes Pippen as someone who was not the best trader on the street or even the best on the desk, but he consistently improved until he became the best. For each setup, create a dedicated document
It focuses your capital only on high-probability trades. Core Components of an SMB Capital Playbook Setup Look for held bids, aggressive buying, or hidden sellers
, which shifts his entire focus from the outcome (money) to the