Daily and Weekly Loss Limits — Circuit Breakers That Work
Position sizing protects you from any single trade. Loss limits protect you from yourself on the
Position sizing protects you from any single trade. Loss limits protect you from yourself on the
Everything in this section reduces to a single page you write once and follow afterwards. The
Almost every trader who loses money knows what they should have done. They knew the position
Fear and greed get named constantly and explained rarely. They are not character flaws to overcome
Revenge trading is the pattern that ends accounts. Not slowly, through gradual erosion, but in an
FOMO produces the worst entries available. Not because the analysis was wrong — usually it was
Overtrading is the hardest pattern to see in yourself, because every individual trade has a reason.
Nearly every pattern in this section traces back to how a trader experiences a losing trade.
Waiting is the part of trading nobody prepares for. Every course teaches entries, exits and analysis;
Discipline is usually described as a personal quality — something you have more or less of,