In this phase, you build rigid rules to protect yourself from your own emotions. You define your risk strictly, execute setups flawlessly, and accept losses without tweaking your system mid-trade. 2. The Subjective Stage
Douglas breaks down a trader’s journey into three distinct developmental stages. 1. The Mechanical Stage
In this phase, you build rigid rules to protect yourself from your own emotions. You define your risk strictly, execute setups flawlessly, and accept losses without tweaking your system mid-trade. 2. The Subjective Stage
Douglas breaks down a trader’s journey into three distinct developmental stages. 1. The Mechanical Stage