It starts with discipline, transforms into habit, and eventually becomes second nature. Rule-breaking is easy; sticking to a plan is where the real growth happens.
discipline in trading
- Thread starter eleanorK80
- Start date
Hello eleanorK80,
Discipline is trading is marketing and a scam.
If you are serious about making money trading, just make money and do not lose money.
Forget all this fancy discipline talk, it is marketing. We all grown men and women, and we all make our own decisions.
Discipline is BS.
For a number of reasons, discipline in trading is essential. It helps traders in keeping their established strategies and keeps them free of immediate decisions caused by feelings such as greed and fear. Secondly, it increases consistency in performance, which ultimately results in reliable results. Lastly, risk management techniques are promoted by disciplined trading, which keeps traders from creating unnecessarily big positions that can result in sizable losses.
%%
LOL Few words are wise.
I sometimes risk more than 1 or 2 sentences;
but spelling + comprehension risk increases .
Written plans help;
but i dont think 100% discipline is hard=its impossible
Not every one on this forum is grown up man / woman.
As the saying goes:
"The boys want attention. The Men want respect. The Legends just don't care."
%%
Great question. I was getting paid @ metals dealer cash window; i was shocked @ the low price on brass sold actually a , loss
I EXCLAIMED as he was paying me ''I cant sell for that \I'Ve got more in in that you are paying me, but they had spotted soem stell nuts + bolts i had not so he was righ to low price me.
I gave him the money back, even though some dealer have ''NO REFUNDS '' by the cash widow LOL. I better work my metals deals some more , sold that stuff for top dollar today
Boys + girls want attention; men want respect+ love/same way with women love.
Legends in their own mind dont matter much LOL
%%
I was getting paid @ metals dealer cash window; i was shocked @ the low price on brass sold actually a , loss
Next time when you’re short brass futures contracts, just cover the position to avoid delivering the physical commodity to the metals dealer
%%Next time when you’re short brass futures contracts, just cover the position to avoid delivering the physical commodity to the metals dealer
It was a loss , but before i put the cash in my pocket i exclaimed i could not sell @ that price/ .
So the cahier put an ink ''x' over low brass price[ x=twitter symbol also LOL]
So i got the steel parts later out of the brass /about a 100% better price.
I'll delegate that b futs to you;
i do sell cash metals, local. Hi grade ,low grade most any grade.
NOt much red brass , with its hi copper content.
I put my magnet in my car now;
the metals cashier ran his magnet over the brass LOL
Live + learn, some dealers dont allow refunds