Good morning traders
On the desk today
ā±ļø Two clocks. The same three questions, asked on two timeframes, giving opposite answers.
ā The split entry. Half now, half lower, and why the stop moves.
š The calendar edge. Five years of months, and why September is when the work happens.
ā One thing worth doing today.
There are two clocks running
Most people run one. They find a method, then apply it to everything they own, which is how you end up holding a two-year idea with a two-week stop underneath it.

The fast one is a trigger price written down before the open, one fill, a stop against that fill, and a result inside a fortnight. It stops out often, and every one of those ends up on a public record with its entry and its exit.
The slow one works off a rising long-term average instead. It buys in pieces, it has no target date, it holds through earnings on purpose, and it might take a year to do anything.
šÆ The Desk Take: On the fast clock you want momentum present before you touch it. On the slow one momentum being absent is the entire point, because you're buying while it's quiet. Same question, opposite answers, and both are right for the position they belong to.
So take half of it
This week two names arrived in that long-term area at the same time, which doesn't happen often.
Here's the rule, and it's yours whether you ever pay me anything or not. When the area arrives and momentum hasn't washed out yet, the odds of a deeper dip inside it are decent. Not certain. Decent.
So the entry gets split. Half at the area, half planned lower, and the stop goes under the deeper of the two rather than inside the area.

Your average sits between the two fills. The ordinary dip that shakes everyone out now completes your position instead of ending it.
šÆ The Desk Take: The part people misread. This isn't risking more because you bought twice. The stop is further away, so each half is smaller and the total at risk is identical. If splitting the entry increases what you'd lose, you haven't split the entry, you've doubled the position. The position size calculator is free and there's no signup.
"It's September, why buy something whose good months are in February?"
Because that's the point.

Run five years of monthly moves on almost any large cap and they aren't spread evenly across the calendar. On this one February has averaged +4.73% and finished up four years out of five, March has averaged +5.83% on the same four out of five, and August is the worst month on the grid at ā3.02%.
Those are share price moves, not returns on an account, and five years is a small sample. Seasonality is a tiebreaker, never a reason on its own.
šÆ The Desk Take: What it's actually good for is telling you when to be finished buying. Here that's well before February, which means the work happens in a quiet September rather than in a February when the chart already looks obvious to everybody.
One thing worth doing today
Take the longest-held position you own and answer one question: where is the stop, and which clock did you set it on?
If you're holding something you mean to own for a year with a stop sized for a fortnight, ordinary noise is going to take it off you and you'll be right about the company the whole way down.
You don't need my board for that one. You need your own position list and an honest answer.
What's on the calendar
Friday 11 September, 8:30am ET: August CPI, off the BLS release schedule.
15 and 16 September: the FOMC, with the projections attached, off the Fed's own calendar.
Neither one changes the slow half of a board. A staged buy planned around February doesn't care what prints on Friday, and that's most of the appeal of running two clocks instead of one.
Where this comes from
The same three gates run on every position I take, fast or slow, and the fast ones all end up on that public record with their entry, stop, exit and result. 93 closed, 46 of them losers, nothing tidied away.
This free letter teaches the mechanics. The paid edition of Inside the Trade goes out three times a week and does a different job: the individual names and the levels behind them, plus the live board they sit on.
"See the record" ā tradedesk.rbtrading.site/track-record ]
Next issue
Friday, at the New York close: what actually closed this week, winners and losers on the same terms, and one lesson off the back of it.
Reply and tell me the longest you've ever held a position, and whether the stop under it ever changed to match.
Educational analysis, not financial advice. Monthly seasonality figures are share price moves over the last five years, not returns on any account and not a forecast, and five years is a small sample. R figures are multiples of the risk taken on that trade. Open positions are excluded from every record figure here. Past performance is not indicative of future results.