discipline in trading

Discussion in 'Trading' started by eleanorK80, Feb 26, 2024.

  1. birdman

    birdman

    Legends just don't care" suggests a progression in maturity and priorities. It implies that boys seek attention, men desire respect, and legends are indifferent to external validation. This concept highlights growth beyond seeking external validation to valuing respect and eventually reaching a level of self-assuredness where external opinions hold less significance. While this statement may oversimplify complex human behavior, it reflects the idea of growth and self-assurance in individuals as they mature.
     
    #21     Mar 2, 2024
    PPC, murray t turtle and ironchef like this.
  2. ironchef

    ironchef

    Mr turtle, you speaks in parables. even better than brevity. :p
     
    #22     Mar 2, 2024
    murray t turtle likes this.
  3. ironchef

    ironchef

    #23     Mar 2, 2024
    PPC likes this.
  4. eleanorK80

    eleanorK80

    Discipline isn't just a marketing term; it's about making informed, not impulsive, decisions to sustain profitability over time
     
    #24     Mar 3, 2024
    murray t turtle likes this.
  5. eleanorK80

    eleanorK80

    Absolutely agree. Discipline is the foundation of successful trading, ensuring strategy adherence, consistency, and effective risk management.
     
    #25     Mar 3, 2024
  6. eleanorK80

    eleanorK80

    absolute discipline may be challenging, but aiming for it with written plans can significantly reduce risks and improve outcomes.
     
    #26     Mar 3, 2024
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  7. eleanorK80

    eleanorK80

    Experiences like yours highlight the unpredictable nature of trading and the value of knowledge and flexibility over strict discipline.
     
    #27     Mar 3, 2024
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  8. Sekiyo

    Sekiyo

    Greed killed my account multiple times.
    But I realized that by being patient and humble,
    Then I could be the richest guy in my family in 5years.
    Starting from zero and paying myself through the venture.

    A part of me would have rather stayed broke forever.
    This is not a sprint. There's no end to this.
     
    Last edited: Mar 3, 2024
    #28     Mar 3, 2024
  9. Good Morning eleanorK80,

    Discipline in trading a distraction.

    Just figure out how to make money, and alot of money.
     
    #29     Mar 3, 2024
    eleanorK80 likes this.
  10. And you do this?

    I would actually suggest that one can use automated targets and stops so you don't have to watch the trade.

    Also, try to have money other ways like a job, gig work, or a business until or if you can consistently make money trading.
     
    #30     Mar 3, 2024
    murray t turtle and SimpleMeLike like this.