Guest Post: By Darkstar
I've found so many good pieces of advice over the years, its hard to select one BEST piece... but if I had to pick one, I'd go with:
Maintaining discipline isn't so much a matter of will as it is finding the right system for YOU.
For example, are you over trading your system? Your system is probably too slow for your needs. Not able to take all the trades your system calls for? Maybe you would be more comfortable a longer timeframe system that doesn't have you trading so often. Constantly moving your stops? Maybe you need a system that has you place your stops by a resistance.. or another form of resistance that you have more faith in. I could go on with examples forever.
The point is, think of your discipline issues as your subconscious mind telling you that you're trading the wrong system for you. It will open you up to a whole new perspective on how to become a better trader.
Link
No comments:
Post a Comment