Disliked{quote} Have you had a chance to watch it? [Mark Douglas - Mind Over Market]Ignored
Due to it being 50+ mins I took notes throughout and have to say that's the way to get the best out of these videos. See this as homework - take notes and re-read them until you are aware of everything you need to learn.
Some points that stood out for me:
If a profit gap exists between your paper trading and your live trading it is safe to say that a lack of specific mental skills creates that gap.
Proper and consistent execution of your methodology requires mental skills/mental awareness, not just total familiarity with your method.
No technical method can tell us what is going to happen next to the market you are watching.
You should not expect your next trade to be a winner, probability theory (probability fact?) says it may or may not be.
Mental pain avoidance mechanisms will effect our perception of market information.
You must think in terms of probability not in terms or right or wrong - trading is not about being right.
That might well not be a great summary, everyone should really watch this video and re-watch - it is beyond essential.