A Trading Plan That Fits on One Page Beats One That Does Not
Traders with written plans outperform by 30-40%, but most plans are too long to use under pressure. A one-page checklist beats a detailed manual when your position is underwater.
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Boredom Costs More Than Fear
Boredom quietly drains trading accounts faster than fear ever could. While panic-selling creates memorable losses, boredom trades accumulate invisibly, eroding edge through repeated low-conviction entries that feel reasonable in the moment.
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Your Memory of Past Trades Is Editing Itself
Your brain rewrites every trade you recall, editing details to fit a preferred narrative. Memory reconsolidation means you’re not reviewing the past—you’re reconstructing it, and the reconstruction is unreliable.
