Field notes
Building a one-paragraph trade thesis
Four sentences we practise in every cohort: setup, volume evidence, momentum state, invalidation.
Many charts fail in the retelling. A student points at a candle and says “it looks strong.” We ask for a paragraph instead.
The four sentences
- Setup — what structure are you reading (range break, pullback to node, failed swing)?
- Volume evidence — what did participation do on the key bars?
- Momentum state — what do your oscillators say relative to the prior swing?
- Invalidation — which print ends the idea without debate?
Peer review in the room is blunt. If sentence two is empty, the group notices. Over a few weeks the paragraph becomes muscle memory — short enough for a morning drill, specific enough to survive a noisy open.