Watch This: Discipline Tips from a $200M Money Manager

Mastering Discipline with Jason Shapiro

I hope you had a decent first full week back.
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Remember this is the first week of many, patience and consistency in applying your process are key.
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Good things take time.
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Anyway, as it’s Friday, I want to share a video with you from Jason Shapiro, the $200M money manager, on a topic that matters to every trader: discipline.

DISCIPLINE

Here are the key takeaways:

1️⃣ Know your exit if you’re wrong.
This must align with your trade idea, don’t just wing it.

2️⃣ Stick to your process.
What works for one trader might not work for another. Find and commit to what suits you.

3️⃣ Sizing matters.
Risk a fixed amount per trade for simplicity and consistency. (Yes, I know this topic gets a lot of traders agitated!)

4️⃣ Exit when your edge is done.
Don’t hold onto trades just because you’re hoping for more.

5️⃣ Avoid trading from opinion.
Jason shares how he paper-traded his opinions and discovered how wrong he often was… If a super-consistent Market Wizard can’t make money trading opinions, it’s a lesson for all of us!

Whether you’re aiming for seven figures this year or just working toward your first green month, this video is a solid reminder for everyone.