Newsletter Subject

I'm glad I'm even..

From

thedisciplinedtrader.com

Email Address

nhallett@thedisciplinedtrader.com

Sent On

Tue, Aug 20, 2024 04:46 PM

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Hello Friend, I've been coaching traders for 4 decades and there's one 'move' that frustrated trader

Hello Friend, I've been coaching traders for 4 decades and there's one 'move' that frustrated traders make... that keep them frustrated! You put on a trade. You put your stop in. Upon putting on the trade, the market starts to slip against you. Drip, drip, drip. You're waiting for the market to turn your way but it's not and you're getting near your stop. You're following your trading plan and you are exercising patience (good for you!). The dripping stops, but it's not turning your way. The market is just sitting there. (Note: I believe that your plan should have a time limit.. number of candles... that you're willing to wait... but that's another discussion) After stretching your limit of patience, the market starts to move in your favor. Slowly but surely. You're so thankful that you didn't get hit, that you offset the trade at break even. You're glad you're even after all that angst. Wrong move. What you should be doing is reassessing your situation. What is the current chart telling you? The next question you should be asking is... Would I put on this trade if I was not already in it? If not, go ahead and get out. If so, stay in. But don't get out at even just because you spent a lot of energy getting there. The market turned your way for a reason. Is that reason consistent with your plan to stay in? When that trade winds up being a nice winner and you got out just because you were mentally fatigued, you feel like an idiot. Trust your plan. Not your emotions. PS: If you don't already own my Loaded Gun Simple Trading Plan, NOW would be the time to own. It's built to win and there is a price increase coming. Why an increase? The more proven a plan is, the more valuable it is. Check out the plan... [TAP HERE]( Questions? When you reply to this email, your question will come directly to me. And, as always… Stay Disciplined! Norman Hallett, CEO / Tisha Hallett, Creative Director The Disciplined Trader [Unsubscribe]( Subconscious Training Corporation 6606 NW 66th Ave Parkland, Florida 33067 United States (954) 242-2719

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