Add equity to beaten-down prop acct, or start fresh somewhere else?

Discussion in 'Prop Firms' started by HungryMind1200, Sep 29, 2015.

  1. I own "Trading in the Zone" by Mark Douglas, but not this one. I've already found it on PDF. I'll start reading it. I just ordered a book titled "Self-discipline in 10 days" as well. It received some good reviews and I'm looking forward to reading it.


    I need to work on strict consistency i.e.: maintain discipline 100% of the time and not a second less. As an ex 16-year cigarette smoker (cold turkey & never went back), this tidbit from cyberspace got the point across pretty well:



    Be disciplined every day, in every trade, and the market will reward you. But don’t claim to be disciplined if you are not 100 percent of the time.
    Being disciplined is of the utmost importance, but it’s not a sometimes thing, like claiming you quit a bad habit, such as smoking. If you claim to quit smoking but you sneak a cigarette every once in a while, then you clearly have not quit smoking. If you trade with discipline nine out of ten trades, then you can’t claim to be a disciplined trader. It is the one undisciplined trade that will really hurt your overall performance for the day. Discipline must be practiced on every trade.

    - See more at: http://www.opf.com.my/education/fut...s-of-trading-discipline-by-douglas-e-zalesky/
     
    #21     Oct 3, 2015