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Importance of discipline in trading

Having discipline in trading is the most important factor for success. anyone can learn or copy the best strategy in the world and make money at the initial stages. but without a disciplined mindset, no one can win trading in the long term. In fact, he loses more than what he earned in the initial stages. A successful trader is one who masters discipline even with modest strategy
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Resistance is ill backed

Resistance is about not doing the things that matters the most. The things that leaves a lot of output in the long-term. The reason why we procrastinate the important things is because it is the manifestation of resistance. We might get bewildered if we knew what this resistance had done to us and to those around us. The craziest part is we don’t we know if there exists resistance. Because resistance itself blocks its discovery. It or the brain part which controls it knows that the slightest awareness of resistance is danger. It’s a threat for the existence. It cannot survive with proper knowledge. Each time an endeavor starts to unfold resistance keeps it under the bed.  Gradually making it repellant it succeeds in strengthening the procrastination. The main cause people won’t defy the resistance is they don’t know it’s existence. It’s invisible and involuntary. We easily spot a liar or a traitor after couple of days of engaging with them. They possess a body, a character and more...
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FOMO dilemma

With an obsession over a thing, the given effort seems effortless. We will spend hours tirelessly and even make it to the next top level. But we develop this affectionate obsession with only a few items and most of them are addictive as well s destructive. We see this happen with people eagerly waiting for an episode of their favorite TV show. Since we do most of the fundamentals with what is most pleasurable than what is actually productive, we often fall into this trap of fake FOMOs. FOMO can be interpreted in two ways.  The first one is in the form of pleasing the external world. Protecting ourselves from being an idiot in the crowd. This is embarrassing to most people since they seek validation from the external world all the time. They are not allowed to miss what's trending, the new episodes of tv shows, celebrity divorce, millions of viewed videos, and much garbage stuff. In the process of showing the external world that you're up to date with what is happening in the tr...
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Allocating time

In order to get something at our grasp we must do the work. In any case giving enough time and energy is necessary to make it possible. And sometimes not. Those are not rare case scenarios. It is well observed around. We must have experienced this. The evident factor is that, due to the most valuable time, we often switch things around, like hedging. Unlike hedging you cannot do both simultaneously. So the thing is we have to make blocks of time. These blocks will save lot of energy and of course brings the time for our deed.   During this process, it is necessary that we must allocate the time to those defined blocks. By allocating, we are actually veering the time from anything that we usually do to something purposeful . Because doing something that creates meaning requires effort and consistency. Motivation is not enough, it dies soon.   Here some people often confuses this with their moral things. Such as relationship and routine. Instead of keeping it well nourished, th...
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