November 3, 2010
- in Uncategorized by schooloftrade
Discipline Cycle Workshop; Day Trading Strategy to Make Every Trader Profitable
(This is a sample of the entire chapter in the advanced course, Discipline Cycle & Emotions)
A day trader needs protection from many things. The most important protection is from ourselves.
• Tough Beginning, lost money, lost confidence
• Over-trading, under-capitalized, no rules or mechanical approach.
• 2nd blown account was the bottom.
• The Challenge: Take 1 trade per day
• The Result(s):
– Identified the Best Patterns
– Changed my belief system for day traders
– Rock-Solid foundation of knowledge to build on
