Seven Principles of Consistency

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I)@v1d
Posts: 17
Joined: Fri Jan 22, 2010 12:14 pm

I AM A CONSISTANT WINNER BECAUSE:

1. I objectively identify my edges.

2. I predefine the risk of every trade.

3. I completely accept the risk or I am willing to let go of the trade.

4. I act on my edges without reservation or hesitation.

5. I pay myself as the market makes money available to me.

6. I continually monitor my susceptibility for making errors.

7. I understand the absolute necessity of these principles of consistent success and, therefore, I never violate them.
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JollyGreen
Posts: 2047
Joined: Sat Mar 21, 2009 10:06 am

8. Life is really simple, but we insist on making it complicated

Just had to add that as it seems appropriate to trading!
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