Free trading resources are available in the video description. The video reviews a gold short trade and discusses day one of trading for the week. The strategy emphasizes simplicity and establishing a thesis based on the day count. A free download link for an indicator is also provided. The video goes over the market structure and a potential reversal point in the gold trade. The 100 pip box strategy is discussed as well as the process for a successful session trade.

Mastering the Markets: A Guide to High Performance Trading

For traders who are seeking to become high-performance traders, mastering the markets can be a daunting task. But with the right mindset, rituals and daily routines, traders can develop the winning attitude that will enable them to become successful.

In this article, we will review a gold short and explore the process of day one Monday, discussing the simple model of trading one hour per session per day. We will also cover the three-level setups that can help traders make informed decisions in the markets.

The Four-Step Method to High Performance Trading

To achieve success in the markets, traders need to develop the right mindset, rituals and daily routines. These are the four steps to high performance trading:

1. Create rituals: Traders need to establish daily rituals that help them stay focused and disciplined. This could include setting up a specific routine for preparing for the trading day or setting goals for each trading session.

2. Develop the mindset: Traders must develop the right mindset to be successful in the markets. This includes having a positive attitude, a growth mindset and a willingness to learn from mistakes.

3. Establish a winning attitude: Traders need to develop a winning attitude that allows them to stay focused even when things are not going their way. This could include developing a trading journal, analyzing market trends or building a support system.

4. Bulletproof yourself with daily routines: Traders need to establish daily routines that help them stay disciplined and committed to their trading goals. This includes developing good habits, tracking performance and constantly working to improve.

The Seven-Step Daily Routine for High Performance Traders

To help traders establish a daily routine for high performance trading, we recommend the following seven steps:

1. Prepare for the trading day: Traders should spend time before each trading session preparing themselves mentally and physically. This could include setting up their workspace, reviewing their trading plan or doing some meditation.

2. Check the markets: Traders should review the markets to get a sense of what is happening and what opportunities may be available that day. This could include reviewing news events or looking at market trends.

3. Set trading goals: Traders should set specific goals for each trading session, such as the number of trades they want to enter or the amount of profit they hope to make.

4. Execute trades: Traders should execute their trades based on their trading plan and market conditions.

5. Monitor trades: Traders should monitor their trades to ensure they are staying on track with their goals and making any necessary adjustments as they go.

6. Review performance: At the end of each trading session, traders should review their performance to see how well they met their goals and to identify areas for improvement.

7. Reflect and grow: Traders should take time to reflect on their trading experiences and use what they have learned to improve their performance in future sessions.

Gold Short Review and Day One Monday Trades

Using the simple model of trading one hour per session per day, we can analyze a gold short and explore the process of day one Monday trades.

Last week on gold, we saw a break of structure on Wednesday followed by a move long in London and a higher high. This signaled a three-level setup and potential for a vertical move. On Thursday, the market broke the high of the previous day and began a new day count on the upside. On Friday, the market reversed and put in a new higher low on the inside.

This morning, when the market opened, it was inside the high and low of Friday. It traded down in Asia and put a new low in place before reversing in Europe. Traders could reference this low and focus on higher highs and higher lows in the new 100 pip box, potentially looking for a low to be put in place.

As the market went higher, traders could wait for a break in structure or a peak formation low to enter a short trade. Without these signals, it was difficult to enter a short trade and traders needed to be patient and wait for further market signals.

Conclusion

To become a high-performance trader, traders need to develop a winning attitude, establish daily routines and rituals, and have the right mindset. By following the four steps to high performance trading and the seven-step daily routine for high performance traders, traders can effectively navigate the markets and achieve success.