Sentences with phrase «traders follow a disciplined»

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.

Not exact matches

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.

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.

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.»

To be a patient and disciplined trader who follows my plan.

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.

Forex traders who follow a disciplined approach are the ones who survive year after year after year.

This requires constant monitoring besides immense self - discipline, and is best suited for advanced traders able to closely follow their positions.

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.

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.

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

Your teachings inspired me to become a successful trader someday and yet it kept my feet on the ground for I understand the reality of trading the market that it takes a lot of patience to wait for my edge, discipline to follow my trading plan and risk / reward management and the right amount of courage to enter the trade but not too much so i don't overtrade.