Once a Trade Plan becomes actionable and a position is established, the focus shifts from preparation to management.
A Current Position is an active trade that is being managed according to the original plan, current market conditions, and the stock's ongoing behavior.
From Trade Plan to Current Position
A Trade Plan defines what we intend to do before entering a position.
Once the entry conditions are met and the position is established, the trade moves to Current Positions.
The plan does not end at entry. It provides the framework for managing the position as the trade develops.
What We Monitor
Each Current Position is evaluated based on several factors:
01 — Price Action
How is the stock behaving after entry?
We monitor whether the stock is acting as expected and whether the original technical setup remains constructive.
02 — Risk
Is the original thesis still intact?
Every position has a level where the original idea is no longer valid. Risk is managed according to the plan rather than reacting emotionally to normal market movement.
03 — Progress
Is the trade moving in our favor?
As a position develops, we evaluate whether to continue holding, add to the position, reduce exposure, or take profits.
04 — Changing Conditions
Has anything materially changed?
The stock, its industry, and the broader market can all affect the position. We continually evaluate whether the original assumptions remain valid.
A Plan Continues After Entry
The goal is not simply to identify a good stock and buy it.
The goal is to manage the entire trade with discipline—from entry through exit.
Current Positions show how active trades are being managed and how the original Trade Plan is being applied as conditions develop.