22 Comments
User's avatar
Julien's avatar

Great article. Executive Summary and Mission are such vital parts for a successful operation. Yet so often overlooked or ignored.

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Malik Awan's avatar

Thanks for the detailed post! Working on the data part right now. Do you have very specific entry triggers or overall big picture set up odds and you enter based on discretion?

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THE SHORT BEAR's avatar

Both. Data gives the area and standard deviation gives me the range from that avg to get in. Discretion comes on top to be adaptable

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Malik Awan's avatar

Thank you! Playing within deviations make sense.

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Retail Capital Trading's avatar

Welcome on Substack - great article, thank you.

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THE SHORT BEAR's avatar

Thank you! Glad you liked it.

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Jonathan's avatar

I'm getting to work on my business plan this week. Thank you TSB.

For so long I have avoided creating a spreadsheet to track my setups. I also avoided journalling for so long. I've since started both in last two weeks, and what a huge and immediate benefit both have been. I found a ''new me,'' in doing so, and this business plan idea is an expansion on this new reframe.

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THE SHORT BEAR's avatar

Congrats! Tthe hard part is sticking to it when it gets hard or you get tired.

If you keep on doing it for long enough it becomes part of who you are to the point where you dont feel right doing it, like not having your coffee in the morning.

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GS Trades's avatar

Great read, Lukas! Thanks for this and excited to read the next article.

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THE SHORT BEAR's avatar

glad you are enjoying the posts!

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Jackson Sandland's avatar

This is gold.

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Adsquared's avatar

Looking forward to have the chance to read more from you!

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THE SHORT BEAR's avatar

Stay tuned! Weekly for now with a bonus tomorrow most likely.

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Mikephlurry's avatar

Love this blog Lukas. Your insights are always worth paying attention to

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THE SHORT BEAR's avatar

Thank you! I try to make it as understandable as possible while creating questions to reflect on.

That way you can leave with a sense of understanding as well as work you can execute on.

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Crusty's avatar

Thank you sir!

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THE SHORT BEAR's avatar

My pleasure!

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The Silent Treasury's avatar

Hello there,

Huge Respect for your work!

New here. No huge reader base Yet.

But the work has waited long to be spoken.

Its truths have roots older than this platform.

My Sub-stack Purpose

To seed, build, and nurture timeless, intangible human capitals — such as resilience, trust, truth, evolution, efficiency, fulfilment, quality, peace, patience, discipline, relationships and conviction — in order to elevate human judgment, deepen relationships, and restore sacred trusteeship and stewardship of long-term firm value across generations.

A refreshing, original take on our business world and capitalism.

A reflection on why today’s capital architectures—PE, VC, Hedge funds, SPAC, Alt funds, Rollups—mostly fail to build and nuture what time can trust.

“Built to Be Left.”

A quiet anatomy of extraction, abandonment, and the collapse of stewardship.

"Principal-Agent Risk is not a flaw in the system.

It is the system’s operating principle”

Experience first. Return if it speaks to you.

- The Silent Treasury

https://tinyurl.com/48m97w5e

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Albus's avatar

Very interesting read, Lukas!

Any examples of an actual traders plan? That would be even more interesting.

I have written plans for the past years, but am upgrading this years plan.

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LW's avatar

Love the insight. Looking forward to the weekly.

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THE SHORT BEAR's avatar

Lets do this!

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siph's avatar

nice bullshits bro

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