Trading discipline isn't about fortitude. It's about conviction.

Discussion in 'Psychology' started by Zvi_WholeBrainTrading, May 8, 2024.

  1. Zwaen

    Zwaen

    *** Deposit activity update
     
    #31     May 10, 2024
  2. Hello schizo,

    I have a hope to be "fully" automated making money with 1 ES system!!

    Not a group of 20+ diversified uncorrelated expensive systems that cost me +$500K to run.
     
    #32     May 10, 2024
  3. Good stuff mate.:thumbsup:

    All you can do is try to get out quicker when youre wrong and hold a little longer when youre right I guess.

    I wonder if you can work on decreasing the losses by 10% and improving your wins by 10% and see what the run rate looks like then?
     
    #33     May 11, 2024
    SimpleMeLike likes this.
  4. Good Morning semperfrosty,

    In system trading, I do nothing and just trust the backtest results.
     
    #34     May 11, 2024
  5. %%
    LOL ALL WAYS figure a young woman[birthdays] when it comes to guess in age :D:D
    Many men are colorblind \
    but some know how to read /a commercial color chart.:caution::caution: Some may not...............................................................................................
     
    #35     May 15, 2024
    MarkBrown likes this.
  6. shine

    shine

    I think that just being convinced that your trading strategy will work well will not help you earn. That is, you can convince yourself as much as you want of the correctness of entering the market, but if the strategy often fails, there will be no earnings. Therefore, we should not convince ourselves, we must first look at our results, gradually and constantly improve and optimize our strategy, learning from our mistakes. Only then can disciplined adherence to your improved and proven trading strategy lead to success.
     
    #36     Nov 12, 2024