MFMAWITH BROCK PIVEC
LESSON 03 / 6 MIN READ

Condition, trigger and invalidation

A written plan separates the situation you are studying from the event you are waiting for. The condition describes context. The trigger describes an observable event. The invalidation explains what would make the idea no longer match its original reasoning. A filter identifies a situation you will exclude from the exercise.

Use descriptions another reader could check. ‘Strong chart’ is difficult to evaluate because its meaning can change after the outcome. ‘Price closes above the marked level on the selected interval’ is more specific, although specificity alone does not make it a useful or profitable rule. This course does not validate a setup simply by giving it a neat label.

Add a timestamp or version number before studying an outcome. If you change your rule afterward, preserve the old version and explain why. Otherwise the record can quietly become a story that fits whatever happened. You can learn from a revised hypothesis without pretending the revision existed before the example. A skipped example is also useful data when it clearly failed a condition or filter.

WORKED EXAMPLE / HYPOTHETICAL

In a fictional chart exercise, the condition is a marked range; the trigger is a close above its upper edge; invalidation is a return inside it; the filter excludes examples missing quote data. These are sample labels, not a recommended trading setup.

PUT IT TO WORK

Your next useful step.

Write four lines: condition, trigger, invalidation and filter. Ask whether a reader could identify each from the same example without knowing its eventual result.

Open the related tool
CHECK YOUR UNDERSTANDING

What does a precise written setup establish?

FURTHER READING

    Educational examples, not trade recommendations. Completing a lesson does not establish investment suitability or predict results.