Chapter_13_Flashcards (1)
(12 cards)
What is the catch with trades that feel exciting or urgent?
They often lead to the most damage, because emotional energy clouds execution.
What do the best setups usually feel like?
Boring, repetitive, underwhelming — they carry no dopamine hit but produce consistent results.
What’s the real ‘high’ in trading?
Clean execution, a clear head, and long-term consistency — not the excitement of a trade.
What’s a sign your setup is your favourite for the right reason?
It removes doubt, follows rules, and repeats outcomes — not because it feels exciting.
What does flow look like in trading?
Sharp yet light focus, stillness, and execution without second-guessing or emotion.
What does the phrase “Flow isn’t forced — it’s what remains when interference is removed” mean?
True flow arises when you’ve removed emotional, mental, and overthinking interference from your trading.
What role does emotion play in destroying edge?
Emotion is interference — it ruins setups, overrides logic, and makes backtesting results impossible to replicate live.
What is technical proof that your edge works?
It performs well in backtests and in live trading only when emotion is removed.
What’s the difference between addicted and professional traders?
Addicted traders chase excitement; professionals repeat boring setups with clarity and detachment.
What does control mean in trading?
Not forcing outcomes — it’s choosing what to act on and letting urges pass without reacting.
What’s your job during emotional urges?
Say: ‘Not this time. Not this setup. Not this feeling.’ And wait with calm, like a master.
INSTRUCTION 13: TRADE ONLY WHEN YOUR EDGE IS CLEAR AND EMOTION IS GONE
If there’s doubt — wait. If there’s pressure — walk. If there’s clarity — act. Let your urges pass. When your setup aligns and you are calm — you strike. That’s not gambling. That’s nature.