Why do you break your own rules?

The rules you set yourself are the easiest to break, and the reasons are rarely about the rules. Boredom, anger, overconfidence, the need to recoup — the real reason matters more than the broken rule.

Why do you break your own rules? — risk-reward diagram
A risk-reward ratio of 1 to 2

Examine yours:

  • the rule you break most often
  • what's usually happening emotionally when you break it
  • what actually stops you
Why do you break your own rules? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The revenge trading guide names the emotional states behind rule-breaking.

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