Discipline is the bridge between goals and accomplishments.
If
you can get this simple concept right you'll probably have a great
trading career. The only trick is it's a massive all embracing concept.
Discipline to:
1)Take the time and effort to check your trading plan works (in up/down/ranging markets).
2)Execute
flawlessly. This doesn't mean every trade is a winner (they won't be)
but it means to trade when you see your rules play out.
3)Not chase a move simply because you are scared you'll miss out, there are more trades coming.
4)Know
the difference between a price move and a trade. A trade is something
that complies with your rules. A price move is a random jump in the
market that you couldn't have anticipated.
So plan your trades, trade your plan and avoid the wrong trades.
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