Every driving instructor teaches the same thing about a skid, and almost nobody does it when the moment shows up.

The car starts to slide. What your body wants is to stand on the brake and stare at whatever you're about to hit.

Both of those make it worse.

Lock the wheels and your tires stop turning, and a tire that isn't turning can't steer. 

You just traded the one thing that could still save you for the feeling of doing something. 

The staring makes it worse. 

Your hands follow your eyes, so looking at the guardrail is how you get to the guardrail.

Some people don't do anything at all. 

Hands locked, eyes wide, riding it out like a deer in the headlights waiting to find out what happens. You've seen that. Maybe you've been that.

Guys who train on a skid pad will tell you the answer is to look at the gap you want and ease off the pedal. It works, and it feels insane while the car is sideways.

That's what a panic reflex is. Your body takes the wheel and picks the wrong move at speed.

Now think about the last position you had that went bleeding red. 

You stared at the number and refreshed it, hoping to see something different. 

Then started doing the math on getting back to even, then did it again with different numbers, hoping for a better answer. 

Do you double down? Do you get out? Do you hope for a miracle?

And at some point you did something about it, and it was probably the thing you'd promised yourself you wouldn't do.

Or you did the deer thing and just sat there while you got ran over.

It’s the same reflex but in a different chair.

Willpower doesn't fix it and neither does trying harder to stay calm. 

The drivers who handle a skid aren't calmer than you. They settled what they'd do before they were ever sideways.

That's how I trade.

When you know nothing worse is coming, the reflex has nothing to grab. 

I'm not jumping into something because I'm behind and I want it back. I'm not doubling up on the next one to get even. And I'm not frozen at the screen waiting for the trade to tell me what to do.

I had one go against me for two straight weeks this summer, sat there looking like a zero, and it never once made me want to touch it. The worst thing that could happen was settled before I put a dime in it. And it was a number that couldn’t ruin my day, week, or month. 

I’ve had trades that looked dead, come back and give me 66% returns. 

Which I gladly took. Most of the time, I’m aiming for 30% or better in a month or less, a hundred bucks at a time. 

Almost 3 out of 4 of mine got there, and not one winner came back under 20%.

If you’ve been around me, you already know I’m not some sort of Zen master. You don’t have to be. What you need is the setup that eliminates all the emotional crap that causes traders to blow up. 

===> Show me the trade I can't panic out of

To your success,
Don Kaufman