Quote from dandxg:
A couple of suggestions and they are a bit controversial so take them with a grain of salt.
1. Make your actions accountable to someone other than yourself. Someone who has a financial stake in your success besides you. Tell as many ppl. you can about your plan and what you will do if you don't follow through. Put yourself at stake.
2. There should be consequences for breaking the rules, just like when you were a kid or an adult. This should be written in your trading plan.
3. A bit drastic but look up forced behavior modification, guranteed to change you behavior whether you like it or not. I am not advocating it but I have seen studies, I studied both Soc. and Psych, and it works although many view it as torture.
4. I believe in the power of positive thinking. I have seen it work first hand That said ppl., in general, are more motivated by pain the by pleasure. Why do you think mafia is such a successful business model? Why do you think terrorism works? For the record they are both horrible and dispicable ( check spelling).
What ever happened to spell check on ET, it's missing?![]()
I think what he is saying is "no pain, no gain" so you should get a car battery, some jumper cables, and a computer controlled relay. Hook it all up to your computer and testicles so that you get a shock every time you make a losing trade. Something tells me you will trade a LOT smarter.
DISCLAIMER: This post is in complete jest and not to be taken seriously. DO NOT attempt the suggestion herein. The poster is not liable for any damages either directly or consequential from the use of the suggestion in this post.
J/K, I really am kidding. My point is that sometimes singing kumbayah and thinking positive thoughts is not enough.