Why Traders Lose Their Discipline
 

We've just published a new T2W article called "Why Traders Lose Their Discipline" by Brett Steenbarger.

Quick Summary: Brett Steenbarger explains why it is that a "lack of discipline" is not the only cause of a losing run and that there are several other and equally important factors to consider.

PS. Don't forget to rate the article after you've read it and share your comments on this thread.

great article
 

I hae read a lot of Dr Steenbarger's stuff, and like this article I find them very informative and helpful in classifying what we all must know/experience as traders, as well as attempting to provide tips/solutions to mainly psychological issues affecting one's own trading. Thanks for the article and your continued contributions here and elsewhere.

Re: Why Traders Lose Their Discipline
 

Nailed it! I make all these common mistakes. I should probably print this out and keep in on my desk and read it every morning before I start trading.

Re: Why Traders Lose Their Discipline
 

Is easy to know our mistakes. But is very very hard to correct it! On living habits or trading.....human weakness
Hardly authors give solution on how to become disicipline....haizzz

Re: Why Traders Lose Their Discipline
 

Dr Steenbarger writing on the subject of the psychology on trading is very stimulating and definitly worthwile reading and studying. This article is not ecxeption, even more fruitful when read in conjuction with many other works written by that same author, and easly available on Amazon and on intrnet. The benifits of serious studies of the subjects related to trading are very real. I highly recommend Dr Steenbarger works.

Re: Why Traders Lose Their Discipline
 

cant agree more... and just made such mistakes recently.. earned 3 weeks, and giving back all the gains within 4 days.

Emotions regulation
 

The most important cause of losing discipline is emotions , if all the above criteria are met , emotional hard wiring is required for when market becomes extremely irrational .