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Discipline isn't about fortitude. It's about conviction!


Discussion in Psychology and Money Management

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  #1 (permalink)
 ZviTradingCoach   is a Vendor
 
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The key to trading discipline isn't fortitude.
It's not about being able to repeatedly resist temptations, every day, over and over.

Trading discipline is about conviction. It's about really, really trusting your system with every bone in your body.

Most traders don't REALLY trust their system. They follow along when it's sunny and run for shelter when it rains.
Those who do their work to really know and trust their system inside out, don't need to struggle with it. They are instinctively drawn to follow it, for they truly know it works.

If you're struggling with any aspect of your system - it's a sign there's something there you're not convinced about yet.
Do the work, convince yourself, and watch the discipline become so much easier.


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  #2 (permalink)
 tr8d3r 
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Very WISE words you put together in a post.

It is totally makes sense. This is where the review comes in.

I guess you need to see the same set up over and over again (understand every single detail of it) by doing it the stress level will be reduced to the bare minimum.

I like how you put it. Thanks


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  #3 (permalink)
 DoubleUCapital 
Tel-Aviv Israel
 
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tr8d3r View Post
Very WISE words you put together in a post.

It is totally makes sense. This is where the review comes in.

I guess you need to see the same set up over and over again (understand every single detail of it) by doing it the stress level will be reduced to the bare minimum.

I like how you put it. Thanks

Just watch Mark Douglas 4 parts YT and you will understand the REAL holy grail of trading. Long but worth every second of it.


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