What’s the One Habit Holding You Back
in Trading?
Tackle the Trading Habit Slowing Your Progress
Here’s a question for you…
What’s your single bad habit in trading?
You know, the one thing that keeps tripping you up.
Maybe it’s overtrading, letting a loser run, or not sticking to your plan.
We all have one big ol’ nemesis!
And honestly?
It’s probably holding you back more than you realise…
So, what if you could isolate that habit, tackle it head-on, and start making changes today?
That could shift your trading game entirely…
IDENTIFY IT
So, how do you identify it?
Look at your biggest losses:
Is there a pattern? What mistake led to those?
Review your trading journal:
Where do frustration or emotion show up the most?
Ask yourself:
Is there one behavior you know you need to fix, but keep avoiding?
You probably have the answer… it’s just articulating it that’s half the battle.
Once you shine a light on it, you can attack it head-on.
TACKLING IT
Now that you’ve identified it, let’s tackle that sucker…
Here’s how:
Start small: Focus on one aspect of the habit. For example, if you tend to overtrade, start by reducing the number of trades you allow yourself to take each day. Work towards that ‘perfect’ number.
Set clear rules: If your bad habit is cutting winners too early, set a specific rule for when you’ll let a trade run (e.g., only close above a certain target or stop). Stick to it no matter what.
Track your progress: Each day, review how well you stuck to your plan. Did you improve? What triggered you to break the rule? Reflect and make adjustments.
Get accountability: Tell someone you trust about your bad habit and your plan to tackle it. Sometimes having someone else to check in with can make a huge difference.
Celebrate small wins: Every time you make progress, no matter how small, acknowledge it. Building positive momentum is key.
Remember, tackling a bad habit is about consistency.
Small changes add up over time, and before you know it, that bad habit will be a thing of the past.