Trading Decisions

Read these first

1. 01Actually Honouring A Stop

   A stop only protects you if it's executed the moment it's hit, every reason to wait 'just a little longer' is the same reason stops exist in the first place.

2. 02Adding To A Loser

   Buying more of a position that's already lost money is sometimes the correct trade and sometimes the classic way to turn a manageable loss into a career-ending one, the difference is entirely in whether anything has actually changed since you sized it.

3. 03The Decision Not To Trade

   Passing on a trade is a decision like any other, with its own cost if you get it wrong, the discipline is making it deliberately instead of by default.

4. 04When To Override The Model

   A systematic signal is built on the data it was trained or tuned on, and there are specific, nameable situations it wasn't built for, knowing which ones justify an override, and logging every time you use one, is what keeps discretion from becoming an excuse.

Then the rest

1. 05Caught In A Limit-Up Or Limit-Down Move
2. 06Deciding To Switch A Strategy Off
3. 07Discretionary Overlays On A Systematic Book
4. 08Entry Timing Versus Entry Price
5. 09Reacting To A Headline
6. 10Scheduled Versus Surprise News
7. 11Trading A Name That Is Halted
8. 12Writing Down The Thesis And What Would Kill It
9. 13Chasing: When To Pay Up
10. 14Every Trade Competes For The Same Capital
11. 15Getting Back In After A Stop
12. 16Trading On Incomplete Information
13. 17Trading When There Is No Liquidity
14. 18Trying To Repair A Bad Position