Discipline in Trading

Disciplined Trading Strategies · Oct 5, 2023 · 11m

I am going to bet that this podcast gets fewer downloads than the others. Discipline? Really? What a boring topic. Discipline. It is an important word in most everything we do in life. But in trading it has a very special place. When a new trader discovers that you can make a former week’s salary in a couple of hours it brings about emotions of greed and fear that have intelligent people often doing stupid things. If you’ve only half listened to half of my prior podcasts, I think you understand that technical analysis is the only way to make money in the market unless you have millions of…