Ways to Improve Discipline in Trading
Its an well known fact 90% of traders lose money and one of the
reason for Losing is not having discipline in their trading. Many trader
will say only people having insider Info,knowing a holy grail trading
system,FII etc can make money. The fact is anyone can make money if he
follows his trading plan with discipline. The truth is, self-discipline is a learned skill, not an innate characteristic.
Only way to improve your self-discipline is through dedicated practice.Any Change is difficult and it takes time but with dedication and persistence it can be achieved and you can see dramatic improvement in your trading.
How to increase your Trading discipline:
Know Your Weaknesses – If you know neither the enemy nor yourself, you will succumb in every battle. This is the problem with most of the traders
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Only way to improve your self-discipline is through dedicated practice.Any Change is difficult and it takes time but with dedication and persistence it can be achieved and you can see dramatic improvement in your trading.
How to increase your Trading discipline:
Know Your Weaknesses – If you know neither the enemy nor yourself, you will succumb in every battle. This is the problem with most of the traders
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