šŸ”Ÿ The 10 Biggest Trading Problems (Part I) šŸ„µ

Good morning, tradersā€¦

Ben here.

Hold up. Stop what youā€™re doing. 

Itā€™s time for a much-needed wake-up callā€¦

As I was skimming through the chat room this week, one thing jumped out ā€” so many of you are struggling with exactly the same problems. 

Lack of confidence in your rules, struggling with stop losses, feeling disorganized, FOMO, timing issues ā€¦ the list goes on. 

And trust me, I get it. These arenā€™t just minor speed bumps ā€” they can completely derail your progress if you donā€™t address them.

But look, you are your own worst enemy. You need to realize that every single one of these problems has a simple solution. 

I keep hearing students say things like, ā€œThere are no good trades in this market.ā€ 

But quite frankly, thatā€™s bogusā€¦

Yesterday, I had a 200% win on SBUX and a 300% win on NKE ā€” all in less than five hours.*

Hereā€™s the hard truth: The problem isnā€™t the market ā€¦ itā€™s you. 

The traders who identify (and eliminate) these ā€œAchillesā€™ heelsā€ head-on are the ones who will eventually make boatloads of money in the options market. 

So if youā€™re feeling frustrated, second-guessing yourself, or just wondering why trading seems harder than it should be ā€¦ Iā€™m here to help.

Today, Iā€™m breaking down ten common trading problems, why they happen, and ā€” most importantly ā€” how to fix themā€¦

1. ā€œNot Confident in My Rulesā€

If you donā€™t trust your rules, itā€™s usually for one of two reasons: they arenā€™t clear enough, or you havenā€™t seen them work enough times. 

The solution is to get specific and start tracking:

  • Write down your rules like a checklist. Example: ā€œI only take a trade if the stock is above the 50-day moving average and breaking resistance on high volume.ā€
  • Backtest your rules by going through historical charts and seeing how they would have played out.
  • Paper trade or use small positions to build trust in your system without too much risk.

The more you follow your rules and see them work, the more confidence youā€™ll have.

2. ā€œNot Enough Planningā€ / ā€œDisorganized, Indecisiveā€

If youā€™re making decisions on the fly, itā€™s only a matter of time before emotions take over. Planning in advance is the easiest way to stay disciplined.

  • Set a daily routine: Pre-market research, chart reviews, and trade plans should happen before the market opens.
  • Use a simple trade journal: Log your planned entry, stop loss, target, and why youā€™re taking the trade. Review at the end of each day.
  • Limit your watchlist: Too many stocks = too much indecision. Focus on 3-5 quality setups instead of chasing everything.

3. ā€œTemptation to Trade Lottosā€

Impulse trades feel exciting, but they kill consistency. If a trade doesnā€™t check all of your boxes, itā€™s not worth it.

  • Focus on high-probability setups from the APEX Scanner and SPYDER Scanner. Smart Money volume is far more reliable than random lottos. 
  • Before entering a trade, ask yourself: ā€œWould I take this trade 100 times with real money?ā€ If the answer is no, skip it.
  • If you must scratch the itch, set aside a small ā€œfun moneyā€ account for lotto trades ā€” just donā€™t let it affect your main strategy.

4. ā€œStruggling with Stop Lossesā€

There are two common problems with stop losses: setting them too tight (getting stopped out too early) or too loose (taking big losses).

  • Use structure-based stops: Instead of setting a stop loss at a random percentage, place it below a key support level.
  • Reduce your position size: If youā€™re nervous about hitting your stop, your size might be too big. Trade smaller until youā€™re comfortable.
  • Accept that stops are part of the game: They protect your capital so you can stay in the game longer.

5. ā€œMy Biggest Challenge is Timingā€

Timing entries is tough, but thereā€™s a way to improve it:

  • Wait for confirmation: If youā€™re early, youā€™re usually wrong. Let the breakout actually happen instead of predicting it.
  • Use volume as a guide: Strong moves should have strong volume. Weak volume = weak conviction.
  • Enter on pullbacks: If youā€™re struggling with breakouts, try waiting for a retest of support instead of chasing the move.

To Be Continuedā€¦

Okay, I have more to say on these subjects than I thought when I started this.

So, tomorrow, Iā€™ll finish this up with Part II. 

Stay tuned.

But before we go, letā€™s look at:

šŸ’°The Biggest Smart Money Bets of the DayšŸ’°

  • $5.2 million bullish bet on ALK 02/21/2025 $70 calls @ $4.09 avg. (seen on 1/29)
  • $1.6 million bullish bet on KWEB 03/21/2025 $35 calls @ $0.83 avg. (seen on 1/29)
  • $1.6 million bullish bet on BABA 02/21/2025 $110 calls @ $2.36 avg. (seen on 1/29)

Happy trading,

Ben Sturgill

P.S. Earnings season is here ā€” and this one could be your biggest trading opportunity yetā€¦

Join me TODAY, January 30 at 2:00 p.m. EST for an URGENT Earnings Edge Workshop to see where the Smart Money traders are placing their bets this season. 

Weā€™ve had 100 winning trades in a row* in Earnings Edge ā€” donā€™t miss the next 100.

Click here now to reserve your spot!

*Past performance does not indicate future results

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