The second takeaway is that rules can be hard to enforce, okay? Especially when you are the enforcer, right? It's very easy to negotiate with yourself and you're going to be a really bad negotiator when the time to actually enforce those rules is when you're feeling emotional. a bad trade, now you want to get your lick back, that's a lot harder to enforce and to negotiate with because you're doing it with yourself and you want to let yourself make those bad decisions. So rules can be very hard to enforce because they're not hard-coded so that leads us to number three which is structure over willpower. Rather than trust yourself to be a good enforcer and always follow your rules to a tee, put as much structure in place as you can to make your life make your job easier. Have a trading window, have a limited number of trades that you can take in a day, in a week, in a month, have some sort of circuit breaker after a certain amount of losses you're done for the day. You need to go outside, you need to go walk away. So having these kind of structure things are really going to help you enforce these rules over a long period of time. Don't just trust yourself and your willpower. I'm so disciplined. I'm going to do exactly as I say because when push comes to sub, when you're actually in it and you're emotional and you just took a loss or you just had
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