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Showing content with the highest reputation on 10/12/2022 in all areas

  1. 1 point
    Chapter 11 - Thinking Like a Trader W- I AM A CONSISTENT 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. A - Mark is giving us the 7 principles of consistency. A- For me; I will be continuing to study, observe and live these principles. I am writing them on a board in my office along with the 5 Fundamental Truths. Like so many great books; it is not enough to read through the material...we have to know it, accept it and live it (IMO)! Talk soon everyone!
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