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December 29th, 2009

Why People Fail At Trading

Having worked with thousands of traders over the last 5 years… one thing is obvious…
Most traders have a good enough trading system to make money and the reason they DON’T is
that they lack solid trading discipline.  The traders that succeed in trading do the following;
they follow the trading strategy, they keep a journal, they track [...]

November 4th, 2009

Four Thoughts on Discipline in Trading

We have summarized the comments of 4 traders about being a more disciplined trader.
A day traders comments: He is a consistent trader his accuracy was good but would have
a blow up one day a month and lose a lot of what he had made. When he realized that
being right is not the key to making [...]