Discipline. A trader’s strength; a trader’s weakness.
Ever find yourself trading ‘outside’ of your own rules? That is a simple error in judgement and a basic lack of discipline. If you have ever traded, you’ve been there. You have broken your trading rules because you “think” or “believe” the trade is going to capitulate to your desire.
Here is the solution: (respectfully submitted)
Trading Basics. Go back to the fundamentals, the basics. Stick with the Clean and Simple; reduce or ELIMINATE the noise.Immediately stop all the fancy trades you’ve learned through years of experience; simply go back to your roots and trade the one or two trades that work for you.Trade smaller. Reduce your exposure to the market.
Trading Basics. Go back to the fundamentals, the basics. Stick with the Clean and Simple; reduce or ELIMINATE the noise.Immediately stop all the fancy trades you’ve learned through years of experience; simply go back to your roots and trade the one or two trades that work for you.Trade smaller. Reduce your exposure to the market.
Have any comments or stories you’d care to share? Please feel free to tell us about them.
Always – Always – Always conduct your own review before initiating any trades. Never simply take our word for it; not only do mistakes happen, but our risk tolerance may not be the same as yours. Never treat the Key List as a “buy list” or a tip service. We are first and foremost an educational service; please always do your own research and trade with care!
