Do not take profits until there is a good reason to do so The Chicken parable Do not count your profits until they are realised Accept that you will have to give some profits back to the market Do not become complacent or greedy after a huge windfall or winning streak
Mental Agility in Trading: 5 Rules to Stay Objective With Open Positions Last updated: 3 July 2026 · By Spencer Li, CFTe Mental agility in trading is the ability to drop an opinion the moment the market disagrees with it, even when you are holding the position that opinion put you in. It rests on […]
Many new to trading have the tendency to liquidate positions that show a small profit, yet they keep those positions that show a loss as are unwilling to take a loss, in hope that prices will rebound. Such a counter-intuitive strategy will result in small wins and large losses, but why do people still do […]
Patience and Discipline in Trading: Why Waiting Is the Edge Last updated: 3 July 2026 · By Spencer Li, CFTe Patience and discipline are what let you trade good timing instead of guessing at it. Trading is 99% waiting and researching, and 1% executing, so the discipline to sit still through the 99% is the […]
5 Habits to Beat Cognitive Biases in Trading Last updated: 3 July 2026 · By Spencer Li, CFTe You cannot delete cognitive biases (the mental shortcuts that quietly push you into bad trades), but you can build habits that stop them from reaching your account. The five that do the most work are simple: stay […]
