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Glossary › process

Trading glossary · psychology

process

The steps you follow for every trade, like checking your plan, which you control even when results depend on luck.

The fuller meaning

How decisions are made: plan, checklist, sizing, execution and review. Process is the part a trader controls and the part that lets a real edge show; lessons score good process rather than profit on single charts, because outcomes over few trades are mostly luck.

process.

Related words

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