Be Your Own Boss: The Carrot and Stick Method for Trading Discipline

Sponsored by Pepperstone

When you trade for yourself, you wear every hat… CEO, risk manager, senior trader, junior trader. Nobody’s holding you accountable, and that’s exactly the problem.

In this episode, Mark Holstead unpacks why most traders stay stuck in the same cycle: feel bad about a mistake, promise to do better, repeat. The missing piece? Real consequences.

Here’s how to engineer them, using trade hesitation as the worked example. It won’t fix everything, but if you’ve done all the right groundwork and still can’t shift a bad habit, this is probably the piece you’re missing.