Trading philosophy, I won’t attribute myself unnecessary credit, but I believe I introduced this term. It has nothing to do with psychology. Philosophy, in this context, is the idea and the sequence of actions designed to implement that idea. In my view, the main problem in trading is the lack of a connection between the idea and the sequence of actions. Either you are given a technical sequence of actions but are not burdened with any goal as to where it should lead. Or, conversely, they talk about an idea but don’t bother showing the path to its realization. In both cases, they hide behind the phrase – manage your risks. Always strive to keep the technique and the idea interconnected, and that will be your philosophy.