Discipline - Continued

[IN2WIN]

Quote from Flashboy:

...Now if I can just maintain this mindset day in and day out I think I'll be okay..

Take out the "if" and keep it your head as a "do", or "Now that I maintain discipline every day I trade very profitably!!"

There are only 2 steps to great success:

1. Find a profitable system (preferably as simple as possible)

2. Follow it religiously without hesitation.

Best of luck

 

[RAMOUTAR]

Quote from IN2WIN:

Take out the "if" and keep it your head as a "do", or "Now that I maintain discipline every day I trade very profitably!!"

Ahh, excellent. Yes, one of the very first ways to change the results, is to change the vocabulary and the attitude.

 

[GreenDog]

chewing tinfoil and shaving my head with a cheese-grater breeds discipline. I want to stress though, that this method may not work for everyone.

... in addition to being good for shaving my head -- I also use the cheese-grater for some of the hard (AND "FINE") cheeses that I supply to Mr. Market!!

 

[TMTrader]

Quote from GreenDog:

chewing tinfoil and shaving my head with a cheese-grater breeds discipline. I want to stress though, that this method may not work for everyone.

... in addition to being good for shaving my head -- I also use the cheese-grater for some of the hard (AND "FINE") cheeses that I supply to Mr. Market!!

And what made you think anyone wanted to see that picture?

 

[RAMOUTAR]

Quote from GreenDog:

chewing tinfoil and shaving my head with a cheese-grater breeds discipline. I want to stress though, that this method may not work for everyone.

... in addition to being good for shaving my head -- I also use the cheese-grater for some of the hard (AND "FINE") cheeses that I supply to Mr. Market!!

Until I get that thought out of my head, my teeth will be very sensitive.

 

[jeremysnow]

for the most part, I swing trade just one stock. occasionally I scalp, but since I've studied this one largely traded issue (average daily volume of 34 million per shares)....

With that in mind, I set my alerts for certain ranges, whether it be shorts on the high trading end or buys on the long ends.

My best trades come when I stay close to my rules and alerts. Occasionally during the work day, I fine tune these.

I say what others have said earlier, stay disciplined, and losing money should be a learning experience that you hope to avoid.