How can I be a discipline Trader???

Discussion in 'Psychology' started by benysl, Jun 8, 2003.

  1. benysl

    benysl

    Day 3

    had a sell setup but not hit so no trade day again.
    Act according to plan

    Success
     
    #61     Jun 17, 2003
  2. benysl,

    You're practicing some good discipline.

    When you open your next position. Don't even think about it. Breath in and breath out as usual. Just have a stop and let the market do what it's going to do.

    I'm just curious, which market are you trading?

    Good trading to you,
    gotta_trade
     
    #62     Jun 17, 2003
  3. benysl

    benysl

    #63     Jun 17, 2003
  4. GannFreak

    GannFreak

    Why use a system?

    - To make money

    Why not use your brain?

    - You use it when you make and decide on putting real money into it.

    Does so and so use a system?

    - Does Dunn use a system?
    Does Eckhardt use a system?
    More than that:

    Does so and so use Technical Analysis?
    Does so and so use Fundamental Analysis?

    Does so and so speculate/invest/trade?
     
    #64     Jun 18, 2003
  5. benysl

    benysl

    Day 4

    short 1 1870
    exit at MOC at 1852

    act according to plan

    Success
     
    #65     Jun 18, 2003

  6. Nice trade!!
     
    #66     Jun 18, 2003
  7. benysl

    benysl

    Day 5

    System no trade

    Act according to plan

    Success

    Still trouble over me for breaking my own rule think I goanna top up my account for the loss that I make for breaking the rule. Should make me feel better. Any advice
     
    #67     Jun 19, 2003
  8. benysl

    benysl

    Day 6

    System no trade

    Act according to plan.

    Success

    I have decided to top up my account for the mistake I made would make me feel better this way
     
    #68     Jun 20, 2003
  9. Elliott

    Elliott

    Hang in there. Looks like you're now letting the market work for you by laying patiently for opportunities. Good for you!

    If topping out your account makes you feel better, then go for it. But good money management, good system and sticking to it WILL WORK.


    Much Success to All,
     
    #69     Jun 20, 2003
  10. Great point! That's what it's all about.
     
    #70     Jun 20, 2003