I was chatting with a friend a while ago and we got into a debate why traders lose and why traders win. We agreed that it's not about the edge the person has. I trade Gann with a system signal and he trades using LBR's Street Smart's material. Some people try to use Gann but they can't and some claim LBR's material is not viable. We had came to a point that: 1. It doesn't matter what kind of edge or technique you use. It's a matter of getting better at using something. For me it's Gann, for him it's other technical analysis. We have a deeper, realistic, and practical understand of what and how we use it. 2. Knowledge and Experience leads to Discipline. Discipline leads to Confidence. Confidence leads to Persistance. Persistance leads to Comfortability. When I mean comfortability, I don't mean just slacking and easy. We are used to keeping are cool and we just do it without much(not none) strain. 3. There's a groove. Groove... Mojo... it's an attitude or a mental state of flow that you get when you are on the roll. It's the time when every trade turns out well. We try to intentionally bring our minds to that state. Some of the ways we do that is listening to music, stretching, reading particular books, meditation, talking to other traders with the groove, etc. etc.. 4. Doing homework. After the market closes we do homeworks. Actually when the market starts it doesn't really matter whether I did or not (like today... TS broke down). Still, there is a peace of mind I have when I am more prepared. The fact that I'm doing the homework is more important than the information derived from it. --------------------- Well, there are some of the things we came up with. I was wondering if there are other psychological points that separate us from profitable and not. It's a very thin line between it but it'll be nice to hear from other profitable traders about this matter and some extra things you do intentionally bring you there. I think it will help aspiring traders and also profitable traders too.