And if you're buying something, you're putting your stock loss order below the price that

you bought it.

If you're shorting an instrument, you put your stock loss order in above the price.

And what this means is this is once you put your trade in, you can walk away from that

thing because you already know what it's going to do and you know when you're going to

get out.

And I always like to say, if you can walk out on the street and get hit by a bus, you

still know your stock loss is going to get you out of a losing trade.

That is the discipline.

But I don't see that happening out there right now and I see the opposite.

And listen to me when I say this because this is a quote and you'll probably see it coming

up on screen here.

What I'm talking about is trading.

This is not Netflix.

Don't do it for the entertainment and don't do it for the rush because that results in

emotional decision making.

Stay disciplined.

Put in non-negotiable stock loss orders to create long term success and financial wealth.

And this is an important point.

That's why I bring it up here and I want to go deep on that today because I see a market

that's not disciplined and it's driving me crazy just watching it.

So I'm here to help.

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