Break down the the authors suggest for trend following?

Success in trading is not about being "right" about the market; it is about being right about your . By eliminating "Bad Trades" (rule-breaking), the natural mathematical edge of a "Good Trade" (rule-following) is allowed to compound over time.

Attempting to "win back" money immediately after a loss by increasing position size.

A written document outlining entries, exits, and risk parameters.

Owning mistakes immediately rather than blaming the market, "algorithms," or "manipulation." 🚩 Identifying "Bad Trades"

Profitable trading requires seeking setups where the potential gain is significantly higher than the potential loss (e.g., 3:1). 🧠 Psychological Discipline