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Discipline and if-then plans

In one line: Deciding in advance what you will do when X happens.
Evidence
Gollwitzer and Sheeran (2006) reviewed 94 studies and found 'if-then' plans (implementation intentions) help people reach goals. This is general psychology: we found no trading-specific trial.
Watch: What to Do When You Miss a Move: Only Your Setup · open on YouTube · 1-minute Short
More videos on this (4)

Trading version: 'If my stop is hit, then I close the chart for 15 minutes.' Your rule, your choice.

Further viewing

External videos are for viewing only: we don't use them as a factual source.

External video, for viewing onlyThe Japanese Method to Eliminate All Bad Trading Habits
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External video, for viewing only7 Trading Habits That Will CHANGE Your Life Forever
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External video, for viewing onlyThe SECRET to Mastering Trading Patience That Wins
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External video, for viewing onlyHow to Trick Your Brain Into Loving Disciplined Trading
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Related

Sources & studies

  1. Gollwitzer & Sheeran (2006), Advances in Experimental Social Psychology

PsychologyDiscipline

Last checked: 2026-11-04 · Educational, not financial advice.

Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.