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What kind of discipline are you talking about? Discipline too.....do what? Disciplined to be vigilant and ready for the right moment? In that case I agree with you 100%. Disciplined to be consistent day after day and not get distracted by television and by friends? I 100% agree. Reducing that...

The easy way to find the end of a trend is to look historically at all the trend completions that have been made and try to find a pattern. What kinds of characteristics are present at the end of a trend? In my experience, directional trends typically or marked by a change of strength or speed...

If you knew me, you'd know I'm a very disciplined person. And because that level discipline didn't help me with trade execution, I became a big proponent of REDUCING THE NEED for discipline by addressing psychological restraints as a key strategy to trading success. That being said, I'd like...

Every trend has a beginning, a middle, and an end. In the beginning there's not enough information to draw trend line. You need at least two peaks and two valleys to do that. In the middle there's a brief window where you have enough information to draw a trend line and you also have enough of...

So here's the problem. Almost everybody on this forum tries to use 'discipline' as a synonym of 'will power' as in "discipline to follow my system better." So I did the same. You are using it as a means of accomplishing personal development, which is the correct way to use it. OP didn't frame it...

Can you bench press 300 lb? If not, why not? Don't you have a bottomless supply of discipline? Just will it into existence. Discipline is definitely a limited resource as everything in the world is. Not discipline itself, but the quantity that you can put forth in a short period of time. Yes it...

I think that is the wrong question to ask. Discipline is a limited resource in a person. And based on the number of people who fail at trading I think you might be attempting to tax that capability beyond it's limit. Here's a different question: Why does trading make you so anxious? Why do you...

I'm a few years late. I bet you're not even a beginner anymore. I think the biggest challenge for any new trader is filtering out voices who spread misinformation in order to really process factual information. Trading is not hard to figure out if you aren't fighting against a bunch of...

I've been trading for 16 years and my wife recently said I could no longer use her as a sounding board. I'd be willing to share my trading system with someone if it meant having another human being that I could talk with on that level about this specific approach to analysis. In person or not...

I can't say 'consistently' because I only recently made this change. However, I am up majorly over two consecutive weeks for the first time in my career, so I think this may qualify. In the past, when I would find an opportunity, I would look for a place to set my stop. If I couldn't find one...