Sentences with phrase «follow a disciplined trading»

But what separates professional traders from the retail investing «herd» is that successful professional traders follow a disciplined trading strategy that enables them to keep their profits when more challenging market conditions eventually arise.

The goal of our service is for a trader to learn how to properly follow a disciplined trading system and to manage risk in their own accounts.

Not following a disciplined trading program leads to accepting large losses and small profits.

Not exact matches

For us, we plan to remain disciplined and patiently wait for the pitch, following the proven methodology of our swing trading system.

The best way to remove (or at least minimize) emotions from trading is to follow a well - defined and disciplined trading strategy at all times.

So the best advice I can give you to overcome a lack of discipline is to define a trading methodology that works best for you and follow it religiously.

If the way you view a price chart or evaluate a potential trade setup is different from how you did it a month ago, then you have either not identified your methodology or you lack the discipline to follow the methodology you have identified.

When you have clearly outlined and identified your trading methodology, then you must have the discipline to follow your system.

Over the past two months, in which the main stock market indexes have been trending steadily lower, the benefits of consistently following a disciplined, rule - based swing trading strategy and market timing system have again been brought to light.

Regardless of what type of trading system you follow, one of your most important keys to success is disciplining yourself to merely react to price action, rather than attempting to predict it.

But if you're serious about consistently raking in short - term trading profits over the long - term, you must develop the patience and discipline to follow our proven swing trading system taught every day in this newsletter.

Although there is no right or wrong way to profit in the stock market, we feel the best way to yield consistent stock trading profits is through following a disciplined, rule - based trading strategy and market timing system that yields consistent gains with the least amount of proportionate risk.

As you probably know, we follow a disciplined, rule - based trading system, but a bit of common sense and discretion is often required.

Avoiding risk of ruin is a matter of applying money management models to control your trading size and having the discipline to follow them.

The only enemy we have as traders is ourselves — our own lack of patience and discipline in the market, self control and not making or even following a trading plan.

Instead, be motivated by learning proper trading processes and habits, i.e., staying disciplined and patient / following your trading strategy to the T.

Thus, it would make far more sense to «hope» for a profitable trading year IF you follow your strategy and implement consistent discipline in your money management, rather than «hoping» that every trade is a winner, because then you are hoping for something that is not realistic.

Once you've found a profitable trading strategy for your personal style of trading, you must then have the discipline to follow the rules of your trading system.

I also noticed from working with different clients, that if one has the discipline to apply and follow the same rules to his or her day trading, the chances for success increase as a trader eliminates the «sudden - death syndrome.»

Just focus on your trading discipline and follow your trading strategy.

Once you put your own trading plan together you must ensure that you actually use and follow it each time you interact with the market, this will work to reinforce positive trading habits like patience and discipline, and it is these habits that will make you money over the long - term.

Long - term trading goals: To build my trading account up to $ 25,000 through mastery of my trading strategy, patience, and the discipline to follow my trading plan every time I trade.

Nothing can save your account if you don't follow a disciplined risk management method in your trading.

In my small unique book «The small stock trader» I also had more detailed overview of tens of stock trading mistakes (http://thesmallstocktrader.wordpress.com/2012/06/25/stock-day-trading-mistakessinceserrors-that-cause-90-of-stock-traders-lose-money/): • EGO (thinking you are a walking think tank, not accepting and learning from you mistakes, etc.) • Lack of passion and entering into stock trading with unrealistic expectations about the learning time and performance, without realizing that it often takes 4 - 5 years to learn how it works and that even +50 % annual performance in the long run is very good • Poor self - esteem / self - knowledge • Lack of focus • Not working ward enough and treating your stock trading as a hobby instead of a small business • Lack of knowledge and experience • Trying to imitate others instead of developing your unique stock trading philosophy that suits best to your personality • Listening to others instead of doing your own research • Lack of recordkeeping • Overanalyzing and overcomplicating things (Zen - like simplicity is the key) • Lack of flexibility to adapt to the always / quick - changing stock market • Lack of patience to learn stock trading properly, wait to enter into the positions and let the winners run (inpatience results in overtrading, which in turn results in high transaction costs) • Lack of stock trading plan that defines your goals, entry / exit points, etc. • Lack of risk management rules on stop losses, position sizing, leverage, diversification, etc. • Lack of discipline to stick to your stock trading plan and risk management rules • Getting emotional (fear, greed, hope, revenge, regret, bragging, getting overconfident after big wins, sheep - like crowd - following behavior, etc.) • Not knowing and understanding the competition • Not knowing the catalysts that trigger stock price changes • Averaging down (adding to losers instead of adding to winners) • Putting your stock trading capital in 1 - 2 or more than 6 - 7 stocks instead of diversifying into about 5 stocks • Bottom / top fishing • Not understanding the specifics of short selling • Missing this market / industry / stock connection, the big picture, and only focusing on the specific stocks • Trying to predict the market / economy instead of just listening to it and going against the trend instead of following it

To any new trader starting out in trading, having a trading method is all well and good but if you do nt have the patience and discipline to follow it with laser sharp accuracy and patience then you will not succeed as a trader.

No discipline: No self control to create a systematic trading process and even if there is one, then no discipline to follow a predetermined method.

You must have a trading plan and the discipline to follow the trading plan.

Intraday trading requires a lot of discipline and making and following a trading plan is a critical part of that discipline.

If you did not follow your trading plan then you could have some regret about a loss of discipline that caused you to not take an entry, exit, or not trade with the right position sizing.

Disciplined investors can beat out the speculators by following the principles of value investing, through careful examination of a stock in order to purchase securities that are trading below their intrinsic value and offer a margin of safety.

And if you have your trading plan in place and you are disciplined enough to follow through, putting on trades and taking off trades should be an effortless endeavor.

They can even have more losing trades than winning ones and still be profitable because they follow a disciplined approach.

They are disciplined and they follow a strict routine, they know they are in the business of trading and they treat it as a business.

For example, it's good to expect to be profitable at the end of the year IF you follow your plan and trade with discipline and patience.

Although it is the worst possible outcome for your trade, be glad, as you have followed your trading rules with the discipline required for trading success.

A win that results from following a trading plan is justified and reinforces discipline.

When you stop following your trading plan, you become rewarded for lacking discipline and you may start believing that abandoning a trading plan is no big deal.

Lack of discipline, cowboy trading, not following the game plan, revenge trading... These are all common reasons as to how traders end up seeing the dreaded margin call.

If the way you view a price chart or evaluate a potential trade setup is different from how you did it a month ago, then you have either not identified your methodology or you lack the discipline to follow the methodology you have identified.

(yeh right)... Have a trading plan... strive for consistency... strive for discipline... and most of all follow the trading plan that matches your personality...

Fatal Flaw No. 2 — Lack of Discipline When you have clearly outlined and identified your trading methodology, then you must have the discipline to follow your system.

You need to really get interested in tracking your trading progress and in following your equity curve, because it is this aspect of trading that truly defines and separates the disciplined and organized traders from the rest of the herd who continually lose money and blow out their trading accounts.

So the best advice I can give you to overcome a lack of discipline is to define a trading methodology that works best for you and follow it religiously.

To be very clear, the horror stories you hear about day trading have NOTHING to do with the technical chart patterns, or that trading doesn't work, they are almost entirely down to lack of emotional discipline by not following their trading plan.

Trend followers simply use preset price signals to identify trends, they manage their risk on every trade, and they follow their system with great discipline.

Follow your trend following system all the days that you are trading, so that through discipline you will be successful.

The market environment may be constantly shifting and that's the nature of the beast, but remember that consistent profitability can be attained by staying disciplined and following your tried - and - tested trading plan.

It is the epitome of not having a trading plan, lacking discipline, and not following a trading plan.

• DISCIPLINE TO FOLLOW THE METHOD: Having the ability to identify opportunities is only one part of the trading process.

Over trading will cause you to lose faith in yourself as a trader with the discipline to follow a plan.