Daily Meeting for Wednesday October 8

The Setup Was Right—But Timing Lagged the Signal

• The pre-market plan correctly identified the directional bias and key trigger zone.

• Entries across the team came late, missing the optimal entry window by several minutes.

• Discussion revealed hesitation caused by uncertainty about confirmation strength.

• Ernie emphasized that waiting for “extra confirmation” often turns good setups into chase entries.

• Traders who acted immediately on the signal managed better risk and stronger R:R outcomes.

Summary

The direction, trigger level, and bias were all correctly mapped in prep, yet most entries came late. That delay turned what should have been low-risk, high-probability trades into reactive, less efficient ones.

Ernie noted that this wasn’t a case of misunderstanding the setup—it was a hesitation issue disguised as caution. By waiting for added confirmation, traders missed the exact window the plan had called for. Those who entered promptly achieved smoother trades and better risk control.