Breaking Destructive Trading Habits

The audio version of this newsletter is available at the end of the post.

---

Change is hard.

Despite the initial burst of motivation, maintaining new trading habits in the face of tough market and mental conditions is the real test.

Traders make promises to themselves at the end of the year, but the reality is that a year later, most of them find themselves stuck in the exact same unproductive trading habits and routines.

How can you break free from destructive trading habits while creating the ones that will step up your game?

While there's a wealth of information on breaking habits, trading adds a unique twist. In our daily lives, we can often control the factors that lead us to our habits and modify our environment to support the changes we want. However, in trading, most of the market triggers are out of our control—losses, missed trades, drawdowns, volatility, etc. It becomes necessary to face these triggers and change our perspective of them, which is a much more difficult process and often the reason why traders fail.

This newsletter aims to guide you in building a game plan for breaking your unproductive habits.

We will explore the two different approaches for breaking bad trading habits, and talk about practical steps to make it easier to stick with them long-term.