Discipline in Trading

Larisa

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Can you share any personal experiences where discipline played a crucial role in your trading success?
 
Well this has happened to all of us, having a day in which we win absolutely everything or that day is very positive to days that seems that our strategy or robot begins to lose everything, but in my opinion everything is based on averages, and if we manage to stay disciplined we already have 80% of the way done, trading is more psychological than technical.

We could avoid these situations mentalizing the loss as something natural, the first accounts are going to burn, it is a process that we all go through, the long term result is what matters, it is the wrong perception that leads many people to ruin, trading is not getting rich from one day to another with 150% profitability, it is a form of investment and like any other carries its risks as well as its benefits.
 
Well this has happened to all of us, having a day in which we win absolutely everything or that day is very positive to days that seems that our strategy or robot begins to lose everything, but in my opinion everything is based on averages, and if we manage to stay disciplined we already have 80% of the way done, trading is more psychological than technical.

We could avoid these situations mentalizing the loss as something natural, the first accounts are going to burn, it is a process that we all go through, the long term result is what matters, it is the wrong perception that leads many people to ruin, trading is not getting rich from one day to another with 150% profitability, it is a form of investment and like any other carries its risks as well as its benefits.
Trading success is often a journey of ups and downs, and maintaining discipline through it all is key to achieving long-term profitability.
 
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