015: Stuart McPhee talks about the single biggest factor to trading success, common mistakes and the counter-intuitive side to trading, plus tips to improve discipline
Better System Trader
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Is There a Discipline in Trading?
Trading is very much a rules based activity. And often we require a bit of discipline to stick to the rules, right? So for traderis having issues with discipline, how can they address those? I think it's like setting nous resolutions. People were really never committed to making that change. We're very habitual creatures. In trading, we actually have to sort of unlearn behaviours and retrain ourselves to do different things. If you give people a relief or an outlet at th end, it's much more easier to change that behavior.
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