Articles
Articles from Zensibly on trading with rules and staying disciplined.
- How adding to a losing position increases your risk
Understand how averaging down changes quantity, exposure and planned loss before you add more to a position below its entry price.
- How to follow trading rules during market hours
Separate planning time from trading time so a loss, profit or fast market does not weaken the limits you set before the session.
- How to stop trading after reaching your daily loss limit
Set a clear daily loss limit before the market opens and decide what should happen when your Current P&L reaches it.
- How to stop overtrading after one more trade
Use a daily trade limit and entry cut-off time to stop unplanned intraday entries before they build into overtrading.
- How to reduce revenge trading after a loss
Create a fixed pause after consecutive losses so the next trade must wait until you have reviewed your setup and risk.
- A simple pre-market checklist for intraday traders
Prepare your limits, position size, setups and stop conditions before the market opens with a short repeatable checklist.