HOW TO DISCIPLINE IN TRADING?

After a few years in the market, we learn from east to west, find and build a trading system suitable for ourselves, and gain practical trading experience of 3-5 years to accumulate "psychological warfare". To earn sustainable money in this market, we must "TRADE WITH A VOL THAT SUITS OURSELVES". Because when we "TRADE WITH A VOL THAT SUITS OURSELVES", we will naturally discipline ourselves easily, no longer have the desire to enter orders, no longer be FOMO, no longer DCA when in loss, no longer blow accounts, no longer fear when in profit, no longer panic or fear when the market fluctuates strongly, and no longer be overly excited when winning big, no longer frequently check the screen for orders that are in profit or loss => AT THIS POINT, we solve the problem of "HOW TO DISCIPLINE".

"SO TO BE DISCIPLINED, WE MUST TRADE WITH A VOL THAT SUITS OUR PERSONAL FINANCIAL POSITION"

SO HOW TO FIND A VOL SUITABLE FOR OURSELVES, then we must test it. For example, if before, we had a stop loss of $200/order and still had the behavior of "constantly checking the phone", then this vol is not suitable for us. We gradually reduce it to $100, $50, $30, $20, 10$ , reducing to the vol where we enter orders without the behavior of "checking the phone for orders that are in profit or loss". Then this vol is "SUITABLE VOL FOR US". Then continue to trade that vol for a long time to check our behavioral/emotional responses. If we are still over-trading, we should gradually reduce it to find our correct VOL.

Wishing you find A VOL SUITABLE FOR YOURSELF.

#tradingtips #jessegemi