DislikedAs the learned, professional trader, Tom Williams once wrote:
"Good traders develop a disciplined trading system for themselves. It can be very sophisticated or very simple, as long as you think it will give you the edge you will certainly need.
A system that is strictly followed avoids the need for emotion because, like a trained soldier, you have already done all the 'thinking' before the problems arrive.
This should then force you to act correctly while under trading duress.
Of course, this is easy to say, but very difficult to put into practice."
MORAL: Spend less time trying to develop the perfect system, and more time trying to develop the discipline to adhere to whatever system you're currently using.Ignored
Well said fellow trader, well said...
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