Discipline is not something you do 9 out of 10 times or only when you feel like it. In trading, breaking your rules “just this once” is a recipe for disaster. Don’t kid yourself, if you want to be consistent trading the markets you must remain disciplined every single day both in the trades you take and in your afterhour’s analysis. The more diligent and thorough your attitude towards the markets, the faster you will progress. In the markets you are paid based on your level of discipline. Remain disciplined 100% of the time, all the time.
Thursday, October 28, 2010
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