u need to realized that discipline is the the holy grail of trading.......and my holy grail for maintaining discipline is to GO HUNGRY............whenever i break my risk management rules i just don't eat the rest of the day..........if i break my risk management rules again the next day then i don't eat the next day either.......pretty soon being disciplined becomes a matter of life and death and i want to live damn it so i become disciplined once again and life is good GO HUNGRY whenever u break ur discipline becuz sooner or later ur will have to get used to being hungry when u lose it all becuz of lack of discipline i became rather thin when i first engaged in this GO HUNGRY strategy.......but now i am obese once again after becoming disciplined day in and day out
whatever it takes to maintain discipline. i like it. i have used a similar strategy, but it doesn't involve going hungry. :eek: if i make money and do not violate any of my risk mgnt rules then i reward myself by going out to one of my favorite restaurants. if i lose money but adhere to all my risk mgnt i consider it a good day and may still have a nice dinner. if i make money but violate a risk mgnt rules i eat a plain, basic dinner, nothing special.
I love this idea. I am going to modify this a bit to make it healthier. So, if I lost my discipline, it's gonna be just SALAD for dinner for that day! PA
I lacked the discipline to NOT eat. Pounded a six pack and a pizza, felt better. Capped it off with a couple smokes. Just kidding, good technique. Stay Hungry.