How to Cure Your Trading Problems Part-II
In Continuation with Previous Article How to Cure Your Trading Problems
Step 4 – Commit to your plan and commit to persistent discipline
Persistence means that you continue doing something even in the face of difficulty or adversity. In trading, persistence is a key ingredient to success. If you cannot muster the discipline to persistently stick to your trading plan and your trading strategy, you will fail to make money.
After having made your list of trading mistakes and their corresponding solutions, as discussed in the previous steps, you need to commit to following-through with the solutions.
Remember that following-through means have the persistence to stick to your plan of action, even when you don’t want to.
The traders who become successful, are the ones who enter a trade and don’t close it out at the first sign of ‘danger’. They do not let ‘unforced trading errors’ destroy their trading accounts. Instead, they work on controlling themselves, because they know that is the only thing they can truly control in..
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Step 4 – Commit to your plan and commit to persistent discipline
Persistence means that you continue doing something even in the face of difficulty or adversity. In trading, persistence is a key ingredient to success. If you cannot muster the discipline to persistently stick to your trading plan and your trading strategy, you will fail to make money.
After having made your list of trading mistakes and their corresponding solutions, as discussed in the previous steps, you need to commit to following-through with the solutions.
Remember that following-through means have the persistence to stick to your plan of action, even when you don’t want to.
The traders who become successful, are the ones who enter a trade and don’t close it out at the first sign of ‘danger’. They do not let ‘unforced trading errors’ destroy their trading accounts. Instead, they work on controlling themselves, because they know that is the only thing they can truly control in..
posted by Bramesh at
9:32 AM
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