<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:googleplay="http://www.google.com/schemas/play-podcasts/1.0"><channel><title><![CDATA[The Indentured Trader: Bonus Newsletters ]]></title><description><![CDATA[Not the regular numbered issues that will provide a structured actionable step each month. Newsletters that are a result of something that happened the same day or something that needs to be written but is of the same subject.]]></description><link>https://www.theindenturedtrader.com/s/bonus-newsletters</link><image><url>https://substackcdn.com/image/fetch/$s_!4Wm9!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff27e3c64-90ba-4b42-ad89-b0aade7a4a6d_1280x1280.png</url><title>The Indentured Trader: Bonus Newsletters </title><link>https://www.theindenturedtrader.com/s/bonus-newsletters</link></image><generator>Substack</generator><lastBuildDate>Sat, 11 Apr 2026 07:46:59 GMT</lastBuildDate><atom:link href="https://www.theindenturedtrader.com/feed" rel="self" type="application/rss+xml"/><copyright><![CDATA[Jon]]></copyright><language><![CDATA[en]]></language><webMaster><![CDATA[tid10k@substack.com]]></webMaster><itunes:owner><itunes:email><![CDATA[tid10k@substack.com]]></itunes:email><itunes:name><![CDATA[Jon]]></itunes:name></itunes:owner><itunes:author><![CDATA[Jon]]></itunes:author><googleplay:owner><![CDATA[tid10k@substack.com]]></googleplay:owner><googleplay:email><![CDATA[tid10k@substack.com]]></googleplay:email><googleplay:author><![CDATA[Jon]]></googleplay:author><itunes:block><![CDATA[Yes]]></itunes:block><item><title><![CDATA[PRESERVE CAPITAL, SURVIVE TO TRADE]]></title><description><![CDATA[Some days, the winning trade, is no trade at all.]]></description><link>https://www.theindenturedtrader.com/p/preserve-capital-survive-to-trade</link><guid isPermaLink="false">https://www.theindenturedtrader.com/p/preserve-capital-survive-to-trade</guid><dc:creator><![CDATA[Jon]]></dc:creator><pubDate>Mon, 21 Jul 2025 23:01:02 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!xOEa!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9704e08f-39ca-4b2d-85ca-1531badc0242_3761x1937.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1><strong> The Discipline Trade</strong></h1><p><strong>"I cannot trade this. I will stay out today and live to trade tomorrow."</strong></p>
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   ]]></content:encoded></item><item><title><![CDATA[MARKET TRADERS TORMENT]]></title><description><![CDATA[The Prognosis & Recovery]]></description><link>https://www.theindenturedtrader.com/p/market-traders-torment</link><guid isPermaLink="false">https://www.theindenturedtrader.com/p/market-traders-torment</guid><dc:creator><![CDATA[Jon]]></dc:creator><pubDate>Fri, 18 Jul 2025 04:14:21 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!wnfn!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F86491090-dc97-4d3e-824b-ab7a21c17b52_1869x1147.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p><strong>T</strong>here will be trading days when the market gives to you, there are days the market will taketh away from you, and there will be days it will just humiliate you, just a little sting now and then to remind you how infinitely small you are compared to it.</p><p>Then, there are those legendary days! </p><p>The days when it violently throws you down the stairs,  like a rag doll in a force five tornado, ejects you through a reinforced plate glass window, and unceremoniously leaves you bloodied, lacerated &#8212; dignity in shreds, and your pride stripped away laying you naked for all the big market participants to see, barely clinging onto trading life.</p>
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   ]]></content:encoded></item><item><title><![CDATA[STRUCTURE IS ONE OF YOUR EDGES]]></title><description><![CDATA[Structure Is an Edge: Why Small Advantages Stack Into Consistent Wins]]></description><link>https://www.theindenturedtrader.com/p/structure-is-one-of-your-edges</link><guid isPermaLink="false">https://www.theindenturedtrader.com/p/structure-is-one-of-your-edges</guid><dc:creator><![CDATA[Jon]]></dc:creator><pubDate>Sat, 28 Jun 2025 02:42:56 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!4Wm9!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff27e3c64-90ba-4b42-ad89-b0aade7a4a6d_1280x1280.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h1><strong>Discipline Is Not a Prison: Adaptation and the Myth of the Rulebook</strong></h1><blockquote><p><em>&#8220;If you follow rules blindly, you&#8217;re a machine. If you ignore them, you&#8217;re reckless. But if you understand when and why to adapt &#8212; that&#8217;s life. That&#8217;s trading. .&#8221;</em></p></blockquote><p>Most traders love to throw the word <strong>discipline</strong> around like some kind of magic shield.<br>They talk about rules, structure, process &#8212; as if writing them down is enough to protect them from the merciless nature of the market.</p><p>The truth is:</p><p><strong>Rules are only as useful as your ability to evolve them.</strong></p><div><hr></div><h2><strong>Today I Broke My Rule &#8212; And Didn&#8217;t Regret It</strong></h2><p>Friday 27th June<br>End of the week.<br>End of the month.<br>End of the quarter.</p><p>A textbook <strong>&#8220;no trade&#8221;</strong> day by my own system &#8212; low participation, institutional traps, and a high likelihood of donating this week&#8217;s progress back to the market, with interest.</p><p>Today Friday June 27th, a marked difference.</p><p><strong>The structure was real.</strong><br>Not some &#8220;imposter trend&#8221; with fake momentum and nasty reversals.</p><p>This was a clean intraday trend &#8212; small candles, orderly pullbacks, commitment behind the moves.</p><p><br>So I adapted! <br>I took the trade.<br>And I booked <strong>$700.00</strong> on a measured 2-lot position in ES using a trailing stop.</p><p>It wasn&#8217;t emotion.<br>It wasn&#8217;t gambling.</p><p>It was <strong>recognition</strong> &#8212; of structure, of opportunity, and of a setup that actually <em>deserved</em> the exception.</p><div><hr></div><h2><strong>Discipline &#8212; or Disobedience?</strong></h2><p>That&#8217;s the razor&#8217;s edge, isn&#8217;t it?</p><p>Had I taken the trade out of boredom, frustration, revenge, or ego &#8212; just trying to squeeze out one last win for the month &#8212; it would&#8217;ve been a total miserable and disgusting failure of discipline.</p><p>But I didn&#8217;t.</p><p>I took it because I knew what I was looking at &#8212; and more importantly, I knew what it <em>wasn&#8217;t</em>.</p><p>That&#8217;s not disobedience.<br>That&#8217;s <strong>professional adaptability</strong>.</p><blockquote><p><strong>&#8220;If you trade with structure. You trade with confidence.&#8221;</strong></p></blockquote><div><hr></div><h2><strong>The Danger of the Word &#8220;Adaptation&#8221;</strong></h2><p>Let&#8217;s be clear:</p><p><strong>Adaptation is not a get-out-of-jail-free card.</strong></p><p>Too many traders say &#8220;I adapted,&#8221; when what they really did was break their rules out of impulse and hope. Those are but two sentiments that should never, ever, be employed in your trading plan.</p><p>If you can&#8217;t explain your adjustment in clear, logical terms&#8230;<br>If you can&#8217;t repeat it next week with confidence&#8230;</p><p>It&#8217;s not <strong>adaptation</strong>.<br>It&#8217;s <strong>rationalization</strong>.</p><p>And that&#8217;s how you blow yet another account. I should know, I&#8217;m guilty of that very charge, not just once either. I am a repeat offender.</p><blockquote><p><em>&#8220;We are not prisoners of our rules.<br>We are authors of our process.<br>And like all great authors &#8212; revision is the key.&#8221;</em></p></blockquote><div><hr></div><h2><strong>Discipline Is the Foundation &#8212; Not the Ceiling</strong></h2><p>Discipline is essential. It keeps you alive.<br>It is not some far away la-di-da fantasy  &#8212; it&#8217;s the very <strong>foundation</strong>.</p><p><strong>Mastery begins when you can flex without folding</strong> &#8212;<br>When you can tell the difference between:</p><ul><li><p>Adapting to valid market conditions,</p></li><li><p>And chasing shadows in the fog.</p></li></ul><p>When you can say:</p><blockquote><p><em>&#8220;This move deserves at least the consideration of a trade.<br>I&#8217;ll take it &#8212; not because I feel like it,<br>but because the structure is real and the risk is controlled.&#8221;</em></p></blockquote><p>That&#8217;s when you move beyond being a rules-based beginner&#8230;<br>&#8230;to being a <strong>thinking, consistent trader</strong>.</p><div><hr></div><h2><strong>Postscript: Structure Within, Structure Without</strong></h2><p></p><p>There&#8217;s an irony here.</p><p>The same rules and systems we rely on to bring order to life &#8212; laws, routines, structure &#8212; are mirrored in how we trade.</p><p>In life, structure keeps us sane and permits society to function.<br>In markets, it gives us edge. and permits us to take profits.</p><p>Lose either, and we descend into a state of chaos.</p><p>We&#8217;re not just looking for patterns in price &#8212;<br>We&#8217;re looking for <strong>order in the chaos</strong>.<br>Something to <strong>anchor</strong> us in the storm.</p><p>Let&#8217;s face it:<br><strong>Life is chaotic. now, more than ever, the same is true of the markets.</strong></p><p>So yes &#8212; we build rules.</p><p>But sometimes, those rules need to <strong>bend</strong>.</p><p>Too rigid, and we become prisoners of our own systems.<br>Too loose, and we lose the very edge structure gives us.</p><p>The objective isn&#8217;t to follow rules blindly.<br>It&#8217;s to know <strong>when to follow</strong>, <strong>when to bend</strong>,<br>and <strong>when to stand aside</strong>.</p><p>At some point, the market will hand you a move that doesn&#8217;t fit your playbook &#8212;<br>And just like life, will throw a wrench in your day, or worse.</p><p>And in that moment&#8230;</p><p>You&#8217;ll either freeze &#8212;<br>Or adapt and execute &#8212; without apology.</p><p><strong>You choose.</strong></p><div><hr></div><blockquote><p><em>&#8220;A trader has to learn how to trade &#8212; not how to take a trade.<br>What I mean is, a trader has to learn how to read the market.<br>Learn how to anticipate what it will do based on what it&#8217;s telling you &#8212; and go with it.<br>Ask any aspiring trader what they&#8217;re doing and they&#8217;ll tell you about the latest indicator or crossover strategy they&#8217;re using&#8230;<br>That&#8217;s not trading. That&#8217;s just taking a trade.&#8221;</em><br><strong>&#8211; Mike Valtos</strong></p></blockquote><div class="subscription-widget-wrap-editor" data-attrs="{&quot;url&quot;:&quot;https://www.theindenturedtrader.com/subscribe?&quot;,&quot;text&quot;:&quot;Subscribe&quot;,&quot;language&quot;:&quot;en&quot;}" data-component-name="SubscribeWidgetToDOM"><div class="subscription-widget show-subscribe"><div class="preamble"><p class="cta-caption">Thanks for reading The Indentured Trader! Subscribe for free to receive new posts and support my work.</p></div><form class="subscription-widget-subscribe"><input type="email" class="email-input" name="email" placeholder="Type your email&#8230;" tabindex="-1"><input type="submit" class="button primary" value="Subscribe"><div class="fake-input-wrapper"><div class="fake-input"></div><div class="fake-button"></div></div></form></div></div>]]></content:encoded></item></channel></rss>