Many people ask me, "Bro, how can I be disciplined in cutting losses or not FOMO-ing?"
The answer is not because I have a "magical" indicator or subscribe to expensive signals. The answer is simple but bitter: Because I know what it feels like not to have a choice.
1. "Cold Cash" Is a Myth for a Provider
In trading books, you are advised to use "cold cash". But for a man who has responsibilities, every dollar in the trading account has a name. It could be for school fees for children, future savings, or proof that you can build a "palace" for those who have gone far away.