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That's where the butally honest part comes in. You have to admit why you didn't follow your plan. Write it down. At the end of the day or week or whatever period, review the whys and see if any one thing repeats itself. There may be a problem you can't solve but you'll be way ahead of others...

You can simplify it with a couple questions. Did I follow my plan? Yes / No If not; Why not? (You have to be brutally honest)

Before I'd buy a book on trading from anyone, I'd like to see some proof that they are or at least were a profitable trader.

WTF!! Did you get a new toy?

I did Wouldn't you consider the ten day low a trailing stop?

Don't you think that the golfing trueism "The more I practice the luckier I get!" applies to trading?

How so? Doesn't every trader know that the next trade will be a loser. You put the trade on and it goes against you. FOMO is greater than the pain of taking a small loss as planned. You decide to give the trade a little wiggle room It keeps moving against you. You rationalize until you finally...

It's still a US based system. What is needed is a system that can transfer money world wide. Bitcoin is close but the price of BTC can change in the time it takes to transfer.

That will depend on your skill at trading/scalping, not on your account size.

Didn't the turtles use trailing stops.

So the question is why can't a very discipline person execute a trade? How much disccipline does it take to follow your own well thought out plan? Do you have your plan written out?

And how will this relate to trading? If I measure pain, how will it help? I can endure more pain, so although my losses add up it won't bother me as much?

Thanks you've been a great help. :banghead:

That's all good but you didn't answer my question, Save me buying or borrowing a book.

Results and performance is easy to measure. You can use equity curve or any number of ratios to come up with a performance. I measure my performance by whether I follow my trading plan or not. Do I do what I planned to do or not. Again easy to measure. I don't know how I would measure...

Now you are just making it more complicated than it has to be. Cut losers!! When you enter a trade you know when you'll be wrong. Get out at that point. If you don't, then when? Now you're trading on hope. Listen to price. You don't know what will happen next. Base your decisions on what the...

Pretty well summed up Cut Loser Listen to Price Ride Winners Manage Emotions.

Determine how much control, if any, you have over your capital.

Discipline, will power, doing what you say you'll do is all the same thing as far as I'm concerned. In a trading scenario having the discipline to stick to your plan involves will power if you are inclined to do what you deem to be comfortable, rather than what you should. You might not be able...

True of the majority of Canadian Judges. :)