21-Day Trading Discipline Challenge — Step-by-Step Guide & Transcript

[00:03] their strategy. They're inconsistent because they cannot trust their strategy when pressure hits. They don't have what I call the execution confidence. it isn't something that you're born with. It's a skill, right? Which means

[00:20] it's something that you can earn through reps. And that's what this 21-day at flow discipline challenge is designed to do. It's to force consistent reps under a trading plan with journaling until execution becomes automatic.

[00:37] Now, bear in mind that money is not the goal here, right? The goal of this challenge is not to make the most amount of money in the shortest amount of time possible. The goal here is to build, like I said,

[00:49] the execution confidence, right? It's to make it a habit to follow your trade plan, to be disciplined. And the reason why I picked 21 days is because science has shown that it takes around 21 days to build a habit. So,

[01:02] hopefully by the end of this 21 days, following your process should start to feel like second nature, right? It's like at the end of these 21 days it should feel weird not to follow your trade plan, right? Because now you're

[01:14] like so programmed, you're so indoctrinated to actually go and follow your trade plan, right? So, this is pretty much how you can rewire your mind trader. So, here's the rules of the game. Over

[01:27] the next 21 days, you're going to be taking 21 trades that are fully in accordance with the trade plan. You can do this on a demo account, you completely up to you. Ideally, you should do it on a live account because

[01:41] it builds real power, especially when your real hard-earned money is on the line. But, you can obviously do it on a demo account as well, right? Because like I said, the goal here is to just build a habit to follow your trade plan,

[01:53] not to make money. So, here's the rules of the challenge. Out of these 21 trades, every single trade that you take, it must be aligned with your trade plan. It must be executed cleanly, which means

[02:07] rules. And then you have to journal immediately after you close the position itself. Okay, so these are like the three criteria for every single trade that you

[02:20] take over the next 21 days. The goal of this exercise, like I money. It's to build a habit of confident execution. Okay, just because you have to take 21 trades over the next 21 days, does not necessarily means that

[02:36] you have to like follow that to a T. Because if you do that, you're going to end up forcing trades even though there's no clear opportunities in the market. Because that's just how the market is. On some days, there is no

[02:49] setup that fits your plan. So, you're allowed to skip those days, right? Because the one of the criteria is that every single trade you take must example, today is day five of the challenge, and then I see that this

[03:03] setup doesn't align with my trade plan. It doesn't fulfill my entry criteria. Then, I'm allowed to skip that trade. I'm allowed to skip that day itself. Okay, so the goal here is not to gamble every single day. It's not to force

[03:16] trades when there's no opportunities. The goal here is to build discipline through reps that is aligned with your trade plan. So, think of it like this. Yes, you are required to take 21 trades across 21

[03:30] required to take 21 trades across 21 days. But, it doesn't have to happen within the 21 days. If it takes you a little bit longer, 30 days, 60 days, 50 little bit longer, 30 days, 60 days, 50 days, that's completely fine. Just move

[03:43] at your own pace, but make sure you keep your standards high. So, the goal of this exercise is for you to internalize these five fundamental truths about the market, right? So, this is how I define execution confidence.

[03:59] you have the conviction in your trading strategy, you have the confidence in yourself to execute your trading strategy. And the only way you can get to that that stage of enlightenment, right, of execution confidence is when

[04:13] you have finally embraced these five fundamental truths about the market. These are five truths that is quite renowned that are actually created by one of the greatest of all time when it

[04:28] comes to trading psychologies. And the five fundamental truths basically states that number one, anything can happen in the market. So, at any given moment, price can shoot up $100, $1,000, whatever it is

[04:41] market, which also means that if you don't trade with a stop loss, you are going to get stopped out when something unexpected start happening. Now, now if you trade if you don't trade with a stop loss, you're going to lose a

[04:54] actually happens. And you don't need to know what is going right? A lot of beginners think that they have to predict what price will do next in order to profit from this market. When in reality, that's not

[05:08] true, right? All you need to have is an edge. And then over the long term, right, over a large sample size of trades, you will end up being profitable. There is a random distribution between wins and losses for

[05:21] an edge. What you basically means that wins and losses are randomly distributed. Just because you win this trade does not win the next trade. Similarly, just because you lost the previous trade does

[05:37] that you're going to win or lose the next trade. It's all 50/50. An edge is nothing more than an indication of a higher another. When you have an edge, which is in the

[05:53] form of a strategy, it gives you the competitive advantage. It increase the likelihood of you winning a trade, but it does not guarantee that you will win a trade. Right? So, that's what it means by by this rule right here. An edge just

[06:06] allows you to essentially put the odds in your favor. Just a little bit just a doesn't guarantee that you'll win. And every moment in the market is unique. History doesn't repeat itself, but it

[06:19] sure as hell rhymes, which means that when you're trading, you'll see certain patterns play out over time, right? Something happens in 2008 financial crisis, the next time there's a stock market crash, you'll see the same sort

[06:32] The fear index start skyrocketing, people start panic selling, right? So, doesn't repeat itself, but it sure as hell rhymes. here, which says that every moment in the market is unique.

[06:48] Just because the pattern is there, doesn't mean that is the exact same Right? For example, in the 2008 financial crisis, let's say stocks can crash by, once again, just giving you a example, stocks crashed by 58%.

[07:03] This time round during the COVID-19 pandemic crisis, now stocks have crashed by, let's say, 40%. It's the same pattern, which means stocks crashing pattern, which means stocks crashing during a crisis, but it's a different

[07:16] degree, right? Like it might take a different uh duration for the stock market to actually crash that percentage, right? Crash that 40%. It might take um 1 hour for the stock market to crash 50% back in the 2008

[07:29] take 1 day, right? For the stock market to And it's the exact same thing right here, right? Every single moment in the market is unique. So, even though patterns repeat itself, it does it's not

[07:42] pattern. It's not going to be exactly the same. If these truths aren't real to you yet, you will keep hesitating before you enter a trade, you will keep cutting winners early, you will keep revenge

[07:55] trading, you will keep over trading, and most importantly, you won't be able to trust your trade plan or even yourself.

[08:08] This challenge fixes that. Because as you take reps, as you journal your trades, you start to experience these five fundamental truths in real time. streak, then you understand that there is indeed

[08:22] a random distribution between wins and losses, right? Because in a row does not mean I'm going to lose the next trade. I could actually win the next trade, right? Because it's 50/50. So, that is the point of this exercise,

[08:36] right? It's to do this challenge over and over again, and just get to that state of execution confidence. Right? So, when you reach that state, this is where

[08:49] you will become what I call a consistent trader. Someone who's able to just actually have a lot of trust in the trade plan because they know that they don't need to win the next trade.

[09:02] because they fully embrace the truth So, if you don't reach that state of execution confidence after these 21 days, after these 21 trades, I highly recommend you to repeat this exercise

[09:15] until you do. Which means that if at the end of these 21 trades you still find yourself trying to gamble in the market, trying to to uh like attach yourself to the outcome

[09:29] of any given trade, then go and do this exercise again. Do another 21 trades, and then do another 21 trades if you can't accept this truth until you eventually embed this truth into your subconscious mind.

[09:43] Until you start believing all of this truth with every fiber of your being. truth with every fiber of your being. All right? That's how important this is. So, like I said, every single trade inside in this challenge right here, you

[09:58] three things right here. And in order to help you do that, you can use Edge Flow. entire loop. You start your trading session, you only take A+ setups,

[10:10] and you execute with your trade guide and your risk panel, and you journal flow, and you close your session, and you do your end-of-day review. through each one of these steps in this video, right? Because we already have

[10:23] one of these steps, right? Like how to do your pre-market routine, how to start your trading session properly, how to identify your A+ setups on the chart itself, and also how to execute trades with your

[10:36] trade guide and your risk panel, and how to journal immediately after you do your end-of-day review, right? So, all of these lessons have already been covered inside the academy, inside this series of professional trading lessons

[10:50] check that out, right? But basically, you want to be doing these five steps on you want to be doing these five steps on a day-to-day basis for the next 21 days. it 21 times. If by the end of these 21 days, you

[11:05] still feel fear, hesitation, or you're still repeating rules, then you haven't said, you just want to repeat this exercise. Do it for another 21 days, or exercise. Do it for another 21 days, or do it for another 21 trades.

[11:18] Hell. Okay, cool. Here's the thing. At some point in this challenge, you are going to take a few losses in a row. That's just the nature of the game, trades, you're probably going going like at least, I don't 10 of them, right?

[11:33] Right? But you are going to get to a point where you take a few losses in a row. You execute a trade, then you lose. You execute another trade, you lose. You execute another trade, you lose. And you start to panic. You start to doubt

[11:48] yourself, right? Understand that when self-doubt start creeping in, it's the most dangerous disease. Because spreading. Now that one loss turns into you

[12:04] world. You reevaluating whether like trading is even the right field to actually um master, right? You you start to go into this now as spiral and you start to over-catastrophize

[12:17] You start questioning your strategy, you start questioning your ability, you start questioning your desire to become a successful trader. And this is where you start doing stupid things. You play stupid games, you win stupid

[12:29] prizes. So, when fear or doubt shows up during these 21 days, during these 21 trades, like I said, it's not a matter of if, show up, right? So, when it does show up, I want you to tell yourself,

[12:44] up, I want you to tell yourself, "Yo, I'm here to complete the 21 trades. I'm not here to make money today. If I lose, it's okay. I'm building right now. It's not to make money, but it's to build execution confidence. And

[13:00] when I do that, eventually the money will come later." right? start fearing, you know, start

[13:13] thinking that you will never succeed, and you're going to fail, you're you're you're you're going to die of starvation because uh you are going to suck at trading, pause, calm down, take a deep breath,

[13:25] tell yourself, "You are here to build execution confidence, not here to make money. That's it. And the thing is, at some point of time, you are going to encounter a losing streak, right? Like I said, five losses

[13:39] in a row, that might be nothing. But what if you encounter a streak where you lose 10 trades in a row? 10 trades in a row. Does that mean that strategy is broken? Does that mean that trading is a scam? Does that mean that

[13:52] your brokers are out to get you? Absolutely not. strategy broke. It just means that you are meeting reality. It just means that you are participating

[14:05] in this unpredictable game of day trading. that's what makes the game worth playing. When you encounter a losing streak, this is where you can finally internalize

[14:19] truth number three, that wins and losses are randomly You will never ever know for sure whether next trade is a win or a loss. And that's exactly why risk management matters.

[14:32] And just because there's a random distribution, doesn't mean there's random results. Because your discipline is what shapes the equity curve. Discipline turns randomness into a

[14:45] pattern over time. All right, let me repeat myself. Discipline turns randomness into a pattern over time. Randomness of the market, out of your control. Whether you are disciplined,

[14:58] how you show up to the market, that's within your control. things within your control, you know, you are disciplined when it comes to your actions, it kind of reduce

[15:10] it kind of reduce the randomness in your trading results. of physics. When you are disciplined, you are order. And when you build order, you of reduce

[15:23] the amount of chaos, the the entropy that is in the world right now, right? have when you have discipline. outcomes is that most outcomes cluster in the middle, but sooner or later you

[15:35] will get a big win or a big loss. You avoid a big loss by keeping your risk consistent. You capture the big win by letting your edge play out. simple. Stay at the same risk, keep your risk

[15:50] consistent, 1%, 2%, whatever it is, stay within your rules, as you follow these three things right here, you'll be fine. the losing streak is going to pass, eventually you're going to get back your

[16:04] mojo, eventually you're going to get back your your wins. I just want to I like heavily emphasize that you need to repeat this exercise if you still plan after these 21 days. If you still haven't internalized these five

[16:18] You just want to repeat this exercise until execution confidence becomes a new Until you are so locked in on following the process that you stop caring about That you no longer care about the money and you only focus on

[16:35] the process of becoming a skilled trader. You only focus on executing your trade plan to the best of your ability. And the ironic thing is when you stop obsessing over the money, you stop attracting more of it.

[16:49] Because now your time, your money, and your attention are focused on the only long-term. And that is clean execution, And that is clean execution, discipline, and consistency.

[17:06] Right? So, that's the point of this entire challenge right here. Now, if you want accountability, I highly recommend you to share your progress publicly, right? Just document this 21-day challenge on your social

[17:20] media itself. So, what you want to do is to make sure check-in, right? Just like what I've taken right here, right? Just a photo of you using Edge Flow, right? Maybe a photo of the Edge Flow dashboard or a

[17:33] photo of your Edge Flow trading journal, and just post it on your social media. And when you do that, you want to tag Edge Flow on Instagram, edgeflow.ai on Instagram, and tag Edge Flow AI on X if you're posting on Twitter, right? Which

[17:46] And you also want to make sure that use the hashtag Edge Flow challenge so that accountable, and we are also going to be reposting some of the best check-ins and progress updates, right? So, make sure you clean up your desk, have a nice

[18:00] aesthetically pleasing photo right here, and we're going to repost it. All right. So, uh to help you to actually document your journey, we for you to follow, right? So, basically, when you're posting, you know how you

[18:12] need you need to write a caption, right? You can write day number of 21, right? Day five of 21, day six of 21 of the Edge Flow challenge, and then whether you have taken a trade today, yes or no, and what was the result of the trade,

[18:27] whether you have made five R, two R, or whether you have lose $500, $300, whatever it is, and whether you follow a trading plan today, and what is the one lesson you learned today. And then just put hashtag Edge Flow challenge and tag

[18:40] us on the social media itself. So, here's an example of what that will X, it's the same thing as if you're posting on Instagram. Just take a photo journal or Edge Flow in general, like any feature that you like.

[18:55] and just follow this exact format right here. Today is day number out of 21 days. I've taken a trade. Uh this is my result. I've actually followed my trade learned today. I learned that I should be wait for I should wait for

[19:10] confirmation. I should make execution feel effortless. No confirmation, no entry. And over time, these lessons start compounding. Yep, so that's the format you can actually follow.

[19:22] I just want to end up by saying that this challenge this challenge really isn't about making money in 21 days. It's about becoming the type of trader who makes money for the next 21 years. Take 21 clean trades, journal them,

[19:38] review them, and prove to yourself that you can follow a process under pressure. Start changing your identity. You are no longer the unprofitable trader who is inconsistent with his actions,

[19:53] who repeat the unconscious patterns, who is constantly self-sabotaging themself. You are no longer that guy. From today onwards, as you embark on this 21-day challenge, you are a professional trader. So, think, act, and feel like

[20:09] one. And when you feel like one, you start taking these 21 trades days in accordance with your trade plan, you start getting the results of one. Right? Remember, discipline turns randomness into a pattern. So, do this 21-days

[20:23] will stop being at war with your emotions. You will finally start trading like a system. And once execution confidence becomes a default mode, becomes your operating system,

[20:37] system, profitability is only a matter of time. doing this challenge, share your progress on your social medias itself, tag EdgeFlow, and hashtag EdgeFlow challenge. Let's go.