Your talk about discipline resonates with me.
-Lack of discipline
-bad mood
-overconfidence…
Spells disaster for my account – always.
I’m trying to avoiding either trading on days when I’m a bit off, or rain it in when I am overconfident. I can make profits, takes many weeks and months, and I have seen myself giving it back within 1 day or poor trading.
Monday’s update – how’s your discipline?
A look at trading discipline and equity curves as well as market outlook….
2 Comments
Your talk about discipline resonates with me.
-Lack of discipline
-bad mood
-overconfidence…
Spells disaster for my account – always.
I’m trying to avoiding either trading on days when I’m a bit off, or rain it in when I am overconfident. I can make profits, takes many weeks and months, and I have seen myself giving it back within 1 day or poor trading.
Thanks for the refresher.
Hi Alan and thanks for your comment. Yes repetition of concepts always helps no matter how many times you may have heard it!
Charlie