Trading glossary · psychology

leak

A small bad habit that keeps losing you money without you noticing, like a hole in a bucket.

The fuller meaning

A recurring pattern of losses tied to a specific behaviour, setup, time or emotion, found by grouping journal trades. The weekly review finds the biggest leak and writes one rule to fix it, changing one thing at a time.

leak.

Related words

anchoring · boredom trading · chasing · cognitive bias · confirmation bias · consistency · cool-down rule · discipline · disposition effect · emotion