Pre-commitment devices: what binds your future self?

A pre-commitment device locks in the decision before the temptation arrives: the pending stop-loss, the daily limit setting, the account you can't easily top up. The future self is bound by the past one.

What binds you?

• the commitments you've locked in
• how they've saved you from yourself
• the temptation that slipped past them

The order types guide is pre-commitment in platform form.