Trading Psychology And Discipline

Posted: December 15th, 2006 | Author: | Filed under: Articles | Tags: , , | No Comments »

Your psychological mind set may play a larger role in your trading career than your chosen technique or any other details associated with your day-to-day practice. Indeed, discipline is just one attribute of trading psychology, but it just so happens to be the most important psychological factor that affects a trader’s success.

There are four components of discipline that I believe are absolutely essential to a successful career in trading:

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