Happy Monday, my friend.
We’re heading into a new trading week, with the month coming to a close.
Volatility has been picking up across the markets - but before we focus on what the market might do next, I want you to check something a little closer to home.
Prop trading puts enough pressure on you already:
Rules
Drawdown
P&L
Payouts
Account size
Temptation
That’s why this week’s check-in is about your state of mind before the first trade.
Take a moment to complete your Impulse Score and enter your total to compare your results to other traders.
Be completely honest with yourself.
This score isn’t for anyone else. It’s information for you.
IMPULSE SCORE
Q1: How do you feel physically & emotionally entering today's session?
0 pts: Well-rested & neutral mindset.
1 pt: Slightly tired.
3 pts: Exhausted from yesterday’s trading.
Q2: Are your key levels marked and news clear on your chart?
0 pts: Levels marked, news checked, & willing to wait.
1 pt: Feeling the urge to catch the opening candle.
3 pts: No clear plan today; just looking to pounce.
Q3: What is your current emotional connection to your PnL or drawdown?
0 pts: Focused strictly on execution quality.
1 pt: Feeling mild pressure to hit target.
3 pts: Urgent need to "make back" recent losses.
Click your total below and be honest with yourself. 👇
What is your total score?
The market doesn’t know your emotions.
But your emotions can absolutely change how you respond to the market.
This month, I want you to record your Impulse Score each morning alongside your trading performance.
Then, at the end of the month, look back.
Did your highest scores line up with your worst trading days?
Did low scores show up when you followed your plan?
The goal isn’t to become emotionless.
It’s to become aware enough to recognize your own pattern before it starts affecting the account.
Until next time,
Steve B
Founder, The Daily Impulse
Important Disclaimer:
This newsletter is for education only. It is not financial, investment, or trading advice, and it is not a recommendation to trade, invest, buy a challenge, keep or close an account, request a payout, or change how you trade. I am not a registered advisor, broker, or licensed financial professional. Trading involves substantial risk of loss. Do your own research and consult a qualified professional before making decisions.
Prop firm rules, drawdowns, consistency requirements, news restrictions, payout terms, and other account conditions can change—sometimes with little notice and sometimes on accounts already active. Anything here is general commentary based on public information at the time of writing and may be incomplete or outdated. Always confirm current terms with the firm (website, dashboard, contract, and emails). You are solely responsible for complying with those terms and for any account outcome, including breaches, denied payouts, resets, or losses.
Some links, ads, or promotions may be sponsored or affiliate (including prop firms). I may earn a commission or other benefit if you click, sign up, or buy. That is not an endorsement. Opinions are my own unless stated otherwise. Conflicts of interest may exist.
Past performance is not indicative of future results. I do not guarantee accuracy, completeness, or timeliness and disclaim liability for errors, omissions, or losses from use of this content. Third-party sites are outside my control; review their terms and policies. By reading or subscribing, you agree not to hold me or associated parties responsible for actions you take based on this newsletter.