When it comes to the particular aspect of discipline trading in general there has been some recent insight that has been given into learning how to master the art of disciplined trading in general. In more detail to this aspect in general one of the greatest challenges for traders to face themselves is to trade disciplined in the face of adversity itself.
- If you are like me your day is full of to-do lists and ongoing distractions that can take you away from your trading.
- Whether you are an active day trader or a part time swing trader it can be very difficult to stay focused on the charts.
- From the time I get out of bed in the morning to the time I call it quits for the day
“It is very important for you to establish the specific times of day that you are going to trade. For the active trader, this means blocking out a certain number of hours each day that you are committed to looking at the charts and nothing else. This way you can concentrate on reading the charts without trying to juggle phone calls and responding to emails.”