Chapter_15_Flashcards
(17 cards)
What is the empowering perspective on self-control in trading?
It is an act of self-respect and selfish protection, not deprivation.
Why do traders fall into emotional traps?
Because they feel they’re missing out by not trading impulsively.
What happens when you trade to prove something to others or yourself?
You abandon your real mission and compromise your edge.
What are the two beliefs attacked by emotional trading addiction?
Belief in your edge and belief in yourself.
What is the double-edged trap in emotional trading?
You chip away at your edge and your identity.
How do you reverse the attack on belief from emotional trading?
Rebuild belief in your setup and in your ability to follow it.
What does emotional detachment initially feel like?
Like deprivation or restriction.
What does emotional detachment in trading actually lead to?
Freedom, clarity, and peace.
What’s the difference between stimulation and success in trading?
Stimulation is emotional noise; success is clarity and calm.
What is real freedom in trading?
Knowing exactly what to do and what to ignore.
How should your trading identity be rebuilt?
Around clarity, calm, and execution without emotional noise.
What does the new version of the trader look like?
Someone who waits, observes, and only acts on system-aligned trades.
What’s the goal in becoming a master trader?
Act with discipline and calm, and you become a master through behavior.
What is Instruction 15 from Chapter 15?
To be free, trade only what fits your system. Ignore everything else.
Why must you ignore trades outside your setup?
Because every deviation is noise that gives the market control.
What is the enemy of your system?
Noise — in the form of impulses, tweaks, and tempting alternatives.
What is simplicity in the context of trading?
It is your edge — the key to peace and consistent execution.
