February 26, 2010
- in Uncategorized by schooloftrade
Discipline Cycle 2 of 5 Day Trading E-Mini Futures Crude Oil Futures Gold Futures
In this 2nd video of this 5-video series, we talk about the 2nd Phase of the Discipline Cycle, which is Consistency.
Let’s first recall where we left off on our Last Video:
• We Listened to My (JJ’s) story of HOW and WHY he created the Discipline Cycle
• We Learn what the Discipline Cycle is and how it works
• We learned the first phase of this cycle; Discipline, which is also the LAST phase of the cycle as well.
Now that we’ve found discipline in our trading, we begin to see some consistency in our trading. If you follow your mechanical rules with discipline, things will begin to take form…
Remember, this may not be profitable consistency yet, but this consistency will give you the SAME patterns, the SAME entries, and the SAME feedback from the market each trade you take, which will produce valuable Consistency in your trading, which will enable you to continue to grow with this ‘cycle’
In this 2nd Phase of the Discipline Cycle we lay the foundation for Consistency in your trading, so make sure you watch this video, and stay tuned for the rest of this 5-video series, which will teach us more about the EVOLUTION of a Trader through the Discipline Cycle!
Keep an eye out for the 3rd Video of this series…your Profit & Loss Statement will THANK YOU!
Stick to those Rules!
See you in the Live Trade Room tomorrow @ 745am EST
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