I like that. Discipline is something that happens one trade at a time. Discipline isn't something learned or acquired, it is something practiced.
I agree with LaSalle, and a big loss or two will drive the point home. Show me a full time trader that has not blown an account at least once and I'll show you a trader that has just that event waiting to happen in the future. Have a good one. Keith
For what its worth....I used to have this same issue. I channeled my energy into developing code to trade automated strategies. Now the computer trades and not me. I am much more relaxed, I deal with losses much better and my confidence has soared. I make money on a regular basis and before I automated it just wasn't happening. I don't overtrade anymore either. Now my job is to keep the shop open. ISP, Computer, UPS, etc. If I do this, I make money. Good luck. I know it is not for everyone, but give it consideration. SweetLettuce
I don't agree with that at all. A trader who is diligent at managing risk will never blow out. I have taken several big hits over my career as a trader, but have never come close to blowing out because as I lose money I immediately begin to reduce my risk and exposure to the market. I also manage my position size so that in the event that the worse case scenario happens, I will still be in business the next day. Scenario planning will help traders get a solid grasp on risk management. Good trading to all! Mike