Chapter_10_Flashcards

(10 cards)

1
Q

Why doesn’t the ‘hard route’ of discipline work in trading?

A

Because it relies on resisting your own psychology instead of changing the system that triggers emotional trades.

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2
Q

What is the better alternative to willpower?

A

Removing emotional bait by designing a clean system that aligns with your psychology and makes mistakes unthinkable.

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3
Q

Why is discipline considered a symptom of a broken system?

A

Because if you need discipline constantly, your system still tempts you to act emotionally instead of guiding you clearly.

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4
Q

How can a trader escape the endless internal struggle?

A

By building a system that eliminates emotional triggers instead of relying on willpower to resist them.

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5
Q

What happens when your system requires constant emotional resistance?

A

It leads to exhaustion, emotional mistakes, and a loop of self-blame and burnout.

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6
Q

What is the ‘easy way’ to cross the line into consistent trading?

A

Through clarity and insight — seeing through the illusion of emotional trading so clearly that it loses its grip.

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7
Q

What do the Bragger, Whinger, and Break-even Believer have in common?

A

They are all stuck in emotional traps and haven’t found true trading freedom.

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8
Q

What is the turning point for escaping identity-based trading roles?

A

Letting go of ego, blame, and excuses — and allowing your edge to speak for itself.

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9
Q

Why should you ignore trading gurus who preach willpower?

A

Because willpower is fragile and not a sustainable trading strategy — real success comes from a system that prevents urges altogether.

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10
Q

What defines a truly free trader?

A

One who doesn’t need to resist urges because the system removes temptation and aligns with natural psychological flow.

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