Discipline Is A Must In Trading!

In this post I just want to emphasize how important DISCIPLINE in trading is, it is part of the psychological aspect in trading and without or inconsistently implementing it will only yield bad results along the way that can harm your account in the long run.

A good  trading strategy and knowledge about risk management will only be fruitful if you can implement it religiously in your trading, when we say being discipline it means that we must follow our trading strategy by implementing our trading rule all the time regardless of what is happening or see in our chart,successful traders called it carefree state of mind, but because we are emotional by nature it is really very hard to become discipline that can lead traders to repeatedly fail.

I will honestly say this, a trader that cannot implement DISCIPLINE in his trading in a consistent basis will fail no matter how hard he try, even if he possess the most profitable strategy in the world he will still fail along the way. The technical aspect is not that hard to learn really, its the psychological aspect that traders must give more emphasis in his learning especially in the early going of his trading.So if you want to make a living in trading and become a successful trader start being discipline while still learning the technical aspect of your trading. That big D is a must in trading.