Before entering a trade, most traders have a very clear plan: entry point – stop loss – target – price direction.
But ironically… the moment they enter the trade, 90% of traders immediately forget their initial plan.
The chart is no longer just a chart. The plan is no longer a plan. Everything turns into a defensive battle for the ego, not for the account.
The Biggest Mistake: Changing Your Analysis Just to Defend Your Position
When the setup is broken, instead of cutting losses according to the plan, many people start to comfort themselves:
“It’s probably just a pullback…” “The price will bounce back…” “It’s okay, I can hold long term…”
And right then — the market continues to plunge uncontrollably.
A Losing Streak Doesn’t Come from Bad Analysis but from… the Ego
This is how a small trade turns into a disaster:
Setup breaks
Ego doesn’t let you exit
Redraw the trendline to make it “look good”
Price keeps falling
Small loss turns into account damage
You don’t lose because you guessed the direction wrong. You lose because you can’t accept the truth when the market has shown you’re wrong.
Smart Traders Always Do 3 Things
🔸 1. The plan is made before entering the trade
This is when your mind is clear and not driven by FOMO.
🔸 2. Stop loss is not for decoration
It’s the only shield protecting your capital — no SL, no long-term survival.
🔸 3. When your analysis is no longer valid — exit immediately
No arguing.
No hesitation.
No excuses.
The Market Doesn’t Care What You Think, Want, or Hope For
There’s only one truth: If you’re wrong, get out. If you’re right, let the market reward you. Trading isn’t about fighting to prove yourself right, it’s about surviving long enough to win.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Discipline in Trading – What Saves You from Unexpected Crashes
Before entering a trade, most traders have a very clear plan: entry point – stop loss – target – price direction.
But ironically… the moment they enter the trade, 90% of traders immediately forget their initial plan.
The chart is no longer just a chart. The plan is no longer a plan. Everything turns into a defensive battle for the ego, not for the account.
The Biggest Mistake: Changing Your Analysis Just to Defend Your Position
When the setup is broken, instead of cutting losses according to the plan, many people start to comfort themselves:
“It’s probably just a pullback…” “The price will bounce back…” “It’s okay, I can hold long term…”
And right then — the market continues to plunge uncontrollably.
A Losing Streak Doesn’t Come from Bad Analysis but from… the Ego
This is how a small trade turns into a disaster:
Setup breaks
Ego doesn’t let you exit
Redraw the trendline to make it “look good”
Price keeps falling
Small loss turns into account damage
You don’t lose because you guessed the direction wrong. You lose because you can’t accept the truth when the market has shown you’re wrong.
Smart Traders Always Do 3 Things
🔸 1. The plan is made before entering the trade
This is when your mind is clear and not driven by FOMO.
🔸 2. Stop loss is not for decoration
It’s the only shield protecting your capital — no SL, no long-term survival.
🔸 3. When your analysis is no longer valid — exit immediately
No arguing.
No hesitation.
No excuses.
The Market Doesn’t Care What You Think, Want, or Hope For
There’s only one truth: If you’re wrong, get out. If you’re right, let the market reward you. Trading isn’t about fighting to prove yourself right, it’s about surviving long enough to win.