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I came in contact with Van Tharp in 1999. I found somethings I needed to work on, and went to a regular psychologist. The funny thing is that I even did not recognize I had troublesome behavior and I was self-sabotaging. I fought every inch about working on myself. I thought my youth was normal...

You are spot on. But people are not always and everyday laser focused on their trading system. If you have a rule to just stop after a daily loss amount ensures that the day end without any harm, so you can start fresh again tomorrow.

That is true. But a lack of discipline can come from acting out or self sabotage wich is curable.

You could set a daily loss amount that is no more then your average daily win. You could also use a method that gives a maximum percentage back of your run-up of the day. So if you have a profit of 1000 for example, you stop trading when you give back 25% of that 1000 profit. 750 is your limit...

Lack of discipline is a general word. Why there is a lack of discipline can be of several reason. Those reason can be addressed if you know the underlying problem.

Sure, that can be a possibility. But is very unlikely that one used it and make money and the other one use it and don't make money with it at the same time, that it is the system. What I find usually with people is that they have difficulty to follow the rules, even if they made them. All sort...

Ok. What are the real reasons one's daytrading 'system' can't hold a positive equity curve? If I give someone a positive expectancy system and they fail at it, what else can there be, then their way of thinking?

Thank you.

So, if I understand this correctly, I need to go because English is not my native language, I refuse to get in argument with you about your 9 bullets on your own made up list on the trhead that I started, and that you ultimatly can not handle your own bashing? This is not my first rodeo, kid. I...

Well, why don't you both just do that then, instead of rambling on and on?

Funny, you mention the family of William. You know that Larry wrote a foreword in the book of his son Jason saying it is all about mindset, right?

Yes, you win. I'm gonna take you as an example. People make their own believes from experiences, upbringing, surroundings and education. When you state your list of those 8 statetements, the only thing you did was telling everyone what you believe. People think what they believe is true. When...

I would start with this one. It explains for most part how your mind set must be. Further, you can look at Ed Seykota and do a search on Tribe trading. Jesse Livermore also talks about the mindset you need to pull off trend trading. If you need a clear system with entry rules, exit and so on...

I can not speak for others why they react on Dazz but my reaction comes from just sharing an insight and then he stated that I'm wrong because he thinks it is impossible to teach someone how to trade. And he backs that up with his opinion that he calls facts. I have no interest to debate...

I have no interest in debating your list why you think trading or learning someone to trade is impossible. Most people that do not succeed at something thinking it can not be done and debate it to dead why they are right that it can not be done. Nobody cares about that and it is not productive...

I do not mean to be annoying, disrespectful or irritating to you. I just do not care about the posters on the thread with their ongoing dispute of everything that has been stated by an OP. It is not only here, it is in everything on this forum and it is tire some to even respond to such opposite...

Some of you know that I mentor some in to trading. I have made up a chart of time spent to learn the craft. For every chapter there are books I can recommend for reading and understanding the topic. So if someone want to know more about one of the items on the chart and wich book/material it...

That was my first book about the markets. Around 1989 I think.

1 Objectives 2 know yourself. Personal issues must be resolved. You need to know how you think, feel and react 3 big picture market knowledge 4 finding low risk ideas 5 manage the business