Staying Mechanical makes sense in theory, but can traders overcome their ego all the time in order to produce consistent returns? Dylan Ratigan wraps up our ten trading pillars with this final call to action.
Mechanics aid us on, and exit. Additionally, they enable us to find the proper tools, products and strategies to use in varying market environments. Still, can traders stay mechanical in the moment when ? Can we set emotions aside and stick to the guidelines we set out with?
According to the tastytrade team, early-onset wins can actually inhibit retail investors long-term. Confidence can become a blinder, and Jenny, Frank and Pete urge newbies and veterans alike to set their game plan before pressing "confirm & send." Plus, get their take on how mechanics can be personalized to individualand how technology has improved the ability to stay mechanical and level the playing field for all traders.