How’s that trade looking now, Ryan??

Subject: How’s that trade looking now, Ryan??

There’s something funny that happens when a bet feels like it’s going wrong.

You panic. You second-guess. And before you know it, you’ve undone the edge that made it a good trade to begin with.

This weekend I spotted something of value: Leeds +0.5 in the Asian handicap market, priced at 2.06. If Leeds drew or won, you’d win.

I didn’t touch it. Leeds were playing my team (Liverpool, sigh) and I’ve got a rule.

No trades involving my own team. Emotional blindness.

But a few people I know did get on it.

Liverpool went 2-0 up, and the DM's started coming in hot.

“WTF do I do now?”
“That’s a terrible bet.”
“I’m LOSING money!”

The panic got louder. They traded out. Took the loss.

A few messages later?

Konaté gave away a penalty. 2-1.

Then 2-2.
Liverpool scored. Leeds equalised again, 3-3 in stoppage.

Wild ride.

If you stuck to the process, that was a value bet. A good one.

If you let emotion take over, you lost twice. Once on the trade, and once on your trust.

So what’s the takeaway?

It’s not to kill your emotions.
It’s not never be wrong.

It’s this: know the start and end of your trade. Trust it. And let the process breathe.

What most traders miss isn’t the bet. It’s the emotional framework that holds it all together.

More on that in my next email.

Ryan

PS lemme know if this is something you have felt?