Painting the Tape – Episode 3: All About Trade Management PT: 1

Hosts: Stowe, Leo, AJ

[00:00] Introduction & Banter
Meet the hosts and catch up on the week’s trading, including reflections on low volatility days and how each trader adapts.

[01:49] What is Trade Management?
The hosts introduce the main topic: what happens after you’re in a trade, and outline the elements they’ll cover.

[03:54] Sizing, Targets, and Adjusting Expectations
Discussion on determining position size, setting realistic targets, and adapting to different market conditions.

[06:54] Scaling Out & Managing Risk
How each host approaches scaling out of trades, paying for risk, and the importance of early partial profits.

[09:44] Take-Profit Zones & Market Structure
Using market structure, volume, and order flow to identify where to take profits and how to read the other side of the market.

[13:07] Mid-Range Targets
The role of mid-range targets in trade management, and how to use them to validate trade ideas and lock in gains.

[16:09] Long-Range Targets & Runners
Letting winners run, managing the last portion of a trade, and the psychology behind holding for big moves.

[20:03] The Psychology of Holding
Dealing with unrealized profits, conviction, and the mental challenges of sticking to your plan.

[24:15] Adding to Trades: Against Entry & With Momentum
Techniques for adding to positions both against your entry and with momentum, including tactical and psychological considerations.

[29:44] Momentum Adds & Trend Days
Spotting trend days, using momentum adds, and the importance of screen time and experience in recognizing setups.

[36:37] What Grinds Our Gears: Poker, Game Theory, and the Myth of ‘Optimal’
A candid segment on the influence of poker, game theory, and the search for the “optimal” strategy in trading.

[44:50] The Holy Grail Fallacy
Why there’s no single perfect strategy and the importance of personal optimization and continual improvement.

[53:48] Closing Thoughts & Listener Call to Action
Final thoughts, key takeaways, and a preview of upcoming trade reviews. The hosts encourage feedback and community engagement.