Disliked{quote} Read his thread & notice position size & do a little math. You'd only wish you had his income. Regarding discipline, I think most systems would be profitable if traded with discipline & proper money management. The "system" is really not that important IMHO.Ignored
Back to discipline. Some people are naturally more disciplined than others. People who tend not to find discipline within themselves too much of a challenge tend to be well organized, strategic and objective thinkers. Those whose lives tend to be a bit more chaotic...not knowing how much money they have in the bank, not paying bills until the reminder comes through the post, messy house, dirty car etc, tend to have a far bigger problem finding and maintaining discipline in trading than people whose lives are much more organized. There is a personality that lends itself well to trading, and a personality that doesn't, which doesn't mean that the latter can never become an excellent trader, far from it, but they have to work that much harder on becoming the kind of person they need to be to succeed.
Someone mentioned that ex-military personnel tend to make good traders, and they are absolutely right, they do, because they have had the discipline they need to profit from the markets drummed into them for years, so when they do start trading, there are not too many adjustments to be made in that area, and the systematic, methodical approach to solving problems that they were taught in the military, lend themselves very well to life as a trader.
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