Vertex Method: Trade Plan - Step-by-Step Guide to Market Mastery

Vertex Investing Overview:

• Objective: Analyze market structure on higher time frames (weekly and daily).
• Multi-Time Frame Analysis: Understand both overall trend (HTF) and intraday positions (LTF).

Step 1 - Business Proposal Analogy:

• Compares the trading plan to a business proposal, highlighting the importance of context and market understanding.

Step 2 - Identify Your Point of Interest:

• Focus on Order Blocks (OB) on higher time frames for high probability entries.
• Emphasizes the importance of clear and efficient OBs.

Step 3 - Go to the Lower Time Frame (LTF):

• Move to a lower time frame after the price enters the HTF Point of Interest.
• Look for a Break of Structure (BOS) on the LTF.

Step 4 - Entries:

• Choose entry points based on identified LTF OB.
• Discusses risk entry methods and the importance of considering momentum.

Trade Management:

• Subjective trade management once in a trade.
• Suggests setting targets or trailing the trade.
• Acknowledges the possibility of losing trades and emphasizes risk management.

Psychology:

• Acknowledges the inevitability of losses in trading.
• Encourages acceptance of losses and avoiding emotional reactions.
• Advises against chasing trades, forcing entries, and emphasizes the need for discipline.
• Highlights the significance of managing risk and maintaining a simple approach.