Adding more shares changes your average entry price—but what does it mean for your trade?

In this episode of Disciplined Trading Strategies, Paul Lange explains averaging up and averaging down before examining three approaches to adding shares to an existing position. He describes these approaches as professional, risky, and deadly, exploring the advantages and drawbacks of each.

The discussion moves beyond the mechanics of average cost to examine how traders build positions. Whether you’re new to trading or reviewing your own habits, this episode offers a framework for thinking more carefully about adding shares—and the danger of getting caught in a trade that never seems to end.

Episode resource: Watch the accompanying video

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What role should a strategy play in your development as a trader?

In this episode of Disciplined Trading Strategies, Paul Lange examines a common misunderstanding about trading strategies and their place in a trader’s approach. Using a cookbook analogy, he explores a concept that invites listeners to reconsider what they expect from a strategy.

The discussion grew out of “A Fireside Chat at DTS,” a December educational event where Paul revisited some of his favorite topics from the year. This episode expands on one of those conversations, bringing the focus back to understanding the role of strategies in trading.

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Learn more: Disciplined Trading Strategies

Follow the podcast for practical conversations about trading, investing, and disciplined decision-making.

Ever chased a trade even though you knew it didn’t fit your plan?

In this episode of Disciplined Trading Strategies, Paul Lange explores the fear of missing out and its connection to impatience, overtrading, and emotional decision-making. Inspired by listener questions, he discusses how the pressure to catch a market move can pull traders away from their rules—even after years of experience.

Paul also shares his personal approach to staying disciplined when the temptation to act is strongest. This conversation invites you to recognize the emotions behind your decisions and consider how they affect your ability to follow your trading plan.

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Learn more: Disciplined Trading Strategies

Follow the podcast for practical conversations about trading, investing, and disciplined decision-making.

Does a profitable trade always mean you made a good decision?

In this episode of Disciplined Trading Strategies, Paul Lange examines the trap of judging trades solely by their results. A poorly executed trade can make money, while a disciplined trade can end in a loss. Confusing those outcomes with the quality of your decisions can distort what you learn.

Paul discusses why a seemingly good trade may deserve closer scrutiny—and why a losing trade may still reflect sound execution. He also explains how misunderstanding this distinction can contribute to the struggles of developing traders.

Listen for a different way to review your trades, evaluate your process, and interpret the lessons behind each result.

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Learn more: Disciplined Trading Strategies

Follow the podcast for practical conversations about trading, investing, and disciplined decision-making.

A trading plan deserves more than a single conversation.

In this episode of Disciplined Trading Strategies, Paul Lange returns to trading plans after receiving listener feedback and questions about his earlier discussion. He expands on a subject he considers critical, taking additional time to address points that prompted further interest.

Trading plans can be challenging to explore fully in a podcast, but Paul uses this follow-up to continue the conversation and give listeners more to consider as they develop or review their own approach.

For context, listen first to Episode 68, “Trading Plans – Just Some Tips.” Then join Paul for a deeper discussion shaped by questions from fellow traders.

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Learn more: Disciplined Trading Strategies

Follow the podcast for practical conversations about trading, investing, and disciplined decision-making.

What could a change to the Pattern Day Trader rule mean for individual traders?

In this episode of Disciplined Trading Strategies, Paul Lange discusses the prospect of abolishing the PDT rule and examines its impact on people trading with smaller accounts.

Paul challenges the rule’s protective intent, explaining why he believes it has disadvantaged some of the traders it was designed to help. He also explores the opportunities that a change could create for individuals interested in day trading.

Originally released in October 2025, this conversation reflects the possibilities discussed at that time. Listen for Paul’s perspective on the relationship between trading restrictions, access to the markets, and opportunities for independent traders.

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Learn more: Disciplined Trading Strategies

Follow the podcast for practical conversations about trading, investing, and disciplined decision-making.

Your trading plan may not be the most exciting part of your education—but is it getting the attention it deserves?

In this episode of Disciplined Trading Strategies, Paul Lange turns to a subject he considers among the most important in trading: trading plans.

Paul acknowledges that the topic can seem dry and that its finer details can be difficult to cover in a podcast. This conversation offers selected tips and an invitation to take planning seriously, even if it is a subject you have been tempted to postpone.

Whether you are beginning to develop a plan or revisiting an existing one, listen for Paul’s perspective on an essential part of your trading preparation.

Explore free DTS educational resources: Visit the Free Stuff page

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Learn more: Disciplined Trading Strategies

Follow the podcast for practical conversations about trading, investing, and disciplined decision-making.

How does your trading timeframe relate to the way you pursue opportunities in the market?

In this episode of Disciplined Trading Strategies, Paul Lange builds on his earlier discussion of timeframes to address questions he regularly receives from traders. He examines misconceptions about the differences between longer-term investing, swing trading, and intraday trading—and how traders approach making money within each.

The conversation spans weekly and monthly charts, daily charts, and shorter intraday intervals, including tick charts. Moving beyond the basics, Paul offers a deeper discussion for listeners seeking to understand how these approaches differ.

Listen to reconsider your assumptions about timeframes and gain a clearer perspective on the trading approach you choose to study.

Explore free DTS educational resources: Visit the Free Stuff page

Schedule a free coaching session with Paul: Book a session

Learn more: Disciplined Trading Strategies

Follow the podcast for practical conversations about trading, investing, and disciplined decision-making.