Even the greatest traders go on 'tilt' – Discover their process that protects them [Video]
|Every trader faces tilt—even the most seasoned ones.
It's a common reality.
I'll clarify in a minute. But before diving in:
Ever felt that sensation? Like when you drive without buckling up? After years of habitually wearing your seatbelt driving without it feels odd.
You notice the absence of the belt even when it slips your mind to fasten it. Right?
So even if you drive without fastening your belt, it's only a short time before you buckle up because it's too unfamiliar and uncomfortable not to. True? Keep that in mind.
See anything wrong with the trade where I entered long (bought) at number 3 and sold at numbers 4 & 5?
(Blue arrows are buys pink arrows are profit takes.)
Actually, the blue circle marks where I experienced tilt. Let me show you how.
In the preceding long trade—involving numerous buys and sells (you can't see the buys in this chart)—the final profit was taken at number 2.
It happened after the market approached my resting sell order—positioned where you see number 1.
But the price failed to reach my sell order by one tick—not due to bad luck—but because I was too slow to adjust the order according to the latest details I monitored.
Experiencing frustration and annoyance
My frustration stemmed not from 'missing out' but realising that I 'dropped the ball' mid-game.
I acted out of an emotional response known in trading as tilt prompting me to buy at number 3. Although not obviously apparent, this entry deviates from a few of the protective layers in my trading process.
However, it's not a catastrophic blowout – Is it?
You'll see those protective layers in a minute. But first— returning to a driving analogy:
Imagine your tyres are airtight. Even if you encounter a puncture, the slow leak allows you to reach your destination safely. Correct?
Likewise, top traders rely on an airtight trading process with many protective layers. Even if you skip a few the ramifications are a slow leak. Not a catastrophic blowout, resulting in devastating losses and a blow to your self-confidence.
How so?
When your process becomes ingrained—straying from it feels uncomfortable—much like driving without your seatbelt.
It doesn't take long before you buckle up and revert to your process. It's as if you're incomplete until you do. Make sense?
For instance:
Driving through a parking lot at 10 km/h without wearing a seatbelt presents some risk—it pales in comparison to the danger of driving on the freeway at 80-100 km/h without buckling up. See the analogy?
But how does it become so deeply ingrained?
Imagine spending the better part of a year receiving daily support to adhere to an airtight trading process.
It's your experience whether trading at a professional firm, as I can attest to, or working with someone who supports and guides you in the same manner.
Neither willpower nor self-discipline
When you consistently follow a trading process for hundreds of trading days—any deviation suddenly feels uncomfortable.
You feel compelled to return to it even if you momentarily stray. While you may skip a few layers of your process—the bulk of it remains intact—protecting you. Make sense?
Side note
When you start trading it's common to fixate on making profits. Yet—once you've experienced real trading—you understand preserving your self-confidence and account stability is the true challenge. Agree?
Here is where an airtight trading process truly shines—it safeguards against these pitfalls—fostering a truly transformative experience.
There's a great sense of pride in witnessing client transformations as they develop deep confidence in navigating the market, armed with a protective process that shields them from potential harm.
Examining the protective layers
Can you see the short trade and accompanying profit-taking in the chart below?
During the trading above, professional traders rely on a process that includes game-planning, playbook trades, and multiple points of evidence to protect themselves from common pitfalls like tilt.
These practices aren't exclusive to special individuals; rather, they result from receiving the right guidance and support to develop essential skills and knowledge.
To better understand their application, you can watch a live recording of the trade sequence above in real life.
To discover exclusive insights into an airtight trading process watch the video below.
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