Owning mistakes immediately rather than blaming the market, "algorithms," or "manipulation." 🚩 Identifying "Bad Trades"
Tracking not just prices, but the emotional state during execution. New Trader,Rich Trader 2: Good Trades, Bad Trades
Entering positions without a clear signal just to feel involved in the market. Owning mistakes immediately rather than blaming the market,
Fighting the primary market direction because of a personal belief that a stock is "too high" or "too low." New Trader,Rich Trader 2: Good Trades, Bad Trades
The central thesis is that a "Good Trade" is defined by following a proven process, regardless of whether it results in a profit or a loss. Conversely, a "Bad Trade" is one where rules are broken, even if the trader happens to make money through luck. 🛡️ Risk Management (The Good Trade Foundation)