New — Trader,rich Trader 2: Good Trades, Bad Trades

Owning mistakes immediately rather than blaming the market, "algorithms," or "manipulation." 🚩 Identifying "Bad Trades"

The book highlights common pitfalls that lead to the "New Trader’s" downfall. These are often rooted in ego and a lack of preparation. New Trader,Rich Trader 2: Good Trades, Bad Trades

The central thesis is that a "Good Trade" is defined by following a proven process, regardless of whether it results in a profit or a loss. Conversely, a "Bad Trade" is one where rules are broken, even if the trader happens to make money through luck. 🛡️ Risk Management (The Good Trade Foundation) Owning mistakes immediately rather than blaming the market,

Waiting for the market to confirm a signal rather than chasing "action." Conversely, a "Bad Trade" is one where rules

Holding a losing position past the stop-loss point in the hope that it will return to break even. 🛠️ The Path to Professionalism