Maintaining discipline

Quote from Mahasamadhi:

Darkness is a beautiful thing for those who can't see the Light.

Om mani padme hum.

p.s. you obviously don't know Zen from a Zit based on your comment. Don't fret. God loves all humans.
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You're obviously a total assclown, don't fret, ET has plenty more. :D
 
Quote from MandelbrotSet:

There are many spirtual texts which humanity has been able to use for their spritiual englightment and unfoldment throughout the centuries.

Thanks for pointing this out Reaver, as while you obviously know this, the previous joker does not.
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To the point, if the OP is serious he really must leave no stone untruned in his quest to become a better trader ... and that book most definitely is a step in the right direction for him.

Good trading.
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Paranoid? I think you both are plain nuts! Don't you two have anything better to do than stay on a chat site everyday? Dam i just hope i never turn into the eggbert you two have turned into. I have something to tell you both, alot of posters have you two guys on ignore. You should get a life and get off the net sometimes. When you guys make it as traders you will be out spending money instead of living on this site saying oneday? someday....The holy grail wont be found here or in a book HINT HINT. Experience Experience Experience Experience















I OWN YOU MandelbrotSet:cool:
 
suggest Mastering the Trade by John Carter - mainly for the section on business plan and detailed records.

If your keep detailed records of your trades, such as:

-volatility
-time
-50ma or 200ma volume
-pts made
-tgt reached or early exit
-reason for exit
-print of chart
-type of setup
-setup win%
-impulse trades losses
-oversold/bot %
etc

then you can say,
"I am consistently losing $400/week to impulse trades. Setup A makes 70% right while setup B makes 90% correct. If I double my size on setup B and eliminate setup A and eliminate impulse trades, I will make $1200 more on a similar month. In addition, my commissions will only eat up 12% of my profits rather than 20%."
 
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