Tape to Edge

Simon. Sold my business, started trading, never stopped. Stocks, futures, options. Building free AI Tools. No affiliates. Education, not advice.

[Tape to Edge @tapetoedge]

Every journal I paid for made me fill in a form hours after the trade. By then I was not recording what happened, I was explaining it.

So I built one you talk to. It reads the note, finds the trade, fills the fields, and grades it with a reason.

Rebuilt it this week. Free, open source, runs on your machine.

[Tape to Edge @tapetoedge]

@Wordsofrizdom Entries get all the attention, but managing the bad ones is probably where most of the damage is done.

A mediocre entry can survive good risk management. A great entry won’t save you if you refuse to get out when you’re wrong.

[Tape to Edge @tapetoedge]

@AthenaRiseX Exactly. A missed trade does not bother me nearly as much as breaking my own rules.

There will always be another setup.

[Tape to Edge @tapetoedge]

@tradingnickfx Getting out before the stop is not always a bad reaction. I fix my risk before entry, but if price action and order flow change, I can leave early. I still have to review whether I saw something or just got uncomfortable.

[Tape to Edge @tapetoedge]

@FranVezz How do you tell when the stop is too tight for the setup? I tightened mine recently and my win rate dropped. Still working through whether the tradeoff is worth it.

[Tape to Edge @tapetoedge]

@Jacobtradesz Green days when I broke rules bother me too. Getting paid for it gives me an excuse to do it again.

[Tape to Edge @tapetoedge]

@DenizTheTrader Calling it a war would make me want to win back every loss. I have a two-trades-per-ticker rule because I know I can keep finding reasons to try again. It helps to have the limit written down before I want to override it.

[Tape to Edge @tapetoedge]

@murutrades What has been missing from the setups you have seen? Interested in what keeps a trade just below your A+ threshold.

[Tape to Edge @tapetoedge]

+$884 today, 7 trades, 57.1% win.

Month to date: +$6.38K, 65.4% win, profit factor 1.37.

I do not like the average win/loss at 0.66. I win two out of three and my winners are still smaller than my losers. My journal found the reason Sunday: I tighten the stop when I size up, and the tight stop on the bigger position is what makes me bail.

[Tape to Edge @tapetoedge]

Plenty to watch this morning.

META and SHOP on the AI shopping story. NVDA and MU for whether they show weakness against the index. LEN after Berkshire added to its position, with KBH earnings due tonight. AZO on earnings.

Bessent’s Wednesday deadline on Iranian airlines is also on my radar for possible oil volatility.

I give the open 45 minutes. Then I want to see which names hold their moves and offer an entry with defined risk.

[Tape to Edge @tapetoedge]

@KynaKosling I have to remind myself of this constantly. Someone else getting a better entry has nothing to do with my trade.

[Tape to Edge @tapetoedge]

@SirPickle_ For me it is one more trade after the window is done. The rest of the list is downstream of that.

[Tape to Edge @tapetoedge]

@CableAnalyst I never had a mentor, and the thing that actually moved my numbers was reading my own journal back. Took a month to find the real leak and it was nowhere near where I thought.

[Tape to Edge @tapetoedge]

@TQtradesNQ Had this exact thing and had it diagnosed wrong for a month. Thought the leak was early exits. My journal says sizing. It is free and open source if you want to run your own numbers: https://t.co/uqMEow8118

[Tape to Edge @tapetoedge]

My AI journal just told me something I have been wrong about for a month.

I thought the leak was exiting too early. It is a sizing problem. I tighten the stop when I size up, and then that stop is what makes me bail. BE at normal size honored its target for 1.55R today. SPCX with bigger size scratched.

Free and open source: https://t.co/F1VR0L06EF

[Tape to Edge @tapetoedge]

@ItsTraderLuke Is that 1:1 planned or realized? I track both in my journal. What I intended to make and what I actually kept can be very different.

[Tape to Edge @tapetoedge]

@dev0xx_ I post mine too. Sometimes the review is me explaining why I broke a rule I already knew.
This is why I built my AI Journal (It is Open Source on Github)

[Tape to Edge @tapetoedge]

SPY has kept climbing, and the pullbacks have been shallow.

That keeps my attention on longs in stocks showing relative strength against the index. I still need an entry where the stop makes sense.

[Tape to Edge @tapetoedge]

A perfect day does not fix a bad week. 5 for 5 today at +$2,165, and the week is still down $1.9K.

Wednesday cost me $6.9K on 7 trades. Today was the cleanest session of my month and it got back less than a third of it.

[Tape to Edge @tapetoedge]

Yesterday basically erased Wednesday’s post-FOMC selloff, and overnight futures pushed higher before giving some of that back this morning.

Looking at the quarter as a whole, price has barely gone anywhere. Buyers and sellers are still pretty balanced.

There are arguments both ways. Higher rates and the seasonal backdrop are headwinds. Earnings have been strong enough to keep buyers interested. For now we are still stuck in a range until one side proves otherwise.

No reason to predict the breakout. Let price and volume show it first.

[Tape to Edge @tapetoedge]

@murutrades A good trade can lose and a bad trade can win. Took me a while to really understand that.

The result matters, but the execution matters more.