I thought the saying was "we all have a plan, until we get punched in the Face" Matt Hughes before Royce Gracie fight.
People often deviate from plans cause lack of patience. We live in a world "We want it now" instead of doing your system per rules. Buy a taser, and every time you go against your rules, self tase yourself, sounds cruel but don't take long to change who you want to be. It might only take once. If you can't do it, ask wife or GF or next door neighbor who don't like you.
For your Trading progress @Jdesey https://www.ebay.com/sch/i.html?_nkw=taser&_trksid=p4439441.m4084.l1313
https://www.ebay.com/sch/i.html?_nk...sid=p2334524.m4084.l1311&_odkw=taser&_sacat=0 https://www.ebay.com/sch/i.html?_nk...084.l1313&_odkw=high+power+stun+gun&_osacat=0 You're Welcome I was reading that this is how Steve Cohen got rich. The Holy Grail SML? Can you video it please, as a Tutorial for Newbie Traders. Thanks
The prerequisite in trading is clear / centered mind. If one of the Ms is not working properly, you wouldn't earn $$$$. Unfortunately, you posted this thread not in the psychology session. Anyway many members will ask you to automate your trading. ooooooooohhhhhhhhhhhhhmmmmmmmm.........
Max, on another thread the OP was clear they had the psychology of trading solved, it was the mental/mind game aspect of trading they need help on. I don’t know the difference, maybe you do?
well,, another interesting set of comments. I like the reward system thing when I stick to plan. nothing huge, but maybe I get to eat something super sweet sugar bomb (which I do not do much) like candy, or maybe I get to buy something. I am sure the dopamine hit from those items will reinforce sticking to my plan.
Good Morning Jdesey, There is no right or wrong when it comes to a trading plan. A plan can be something written on a sheet of toilet paper. For example, months ago I decided to following @v-shape-0DTE way of thinking that everytime a market goes down it shoots back up. So I made plan to follow exactly what @v-shape-0DTE said. Because I LOVE following traders who have SIMPLE advice. I hate working hard on trading. So when the market dropped me and my Uncle decided to follow @v-shape-0DTE advice. My uncle needs to make money cause he is poor but he had some thousands to risk so I tell him follow me. He do not have time for all this fancy overcomplicated trading bullshit theory crap. Neither do I. We bought Telsa and SOXL stock and now we are winning making ALOT of money. When will I sell? My girlfriend told me ONLY sell when she tells me to sell. My uncle will sell when he has enough money to pay his truck off cash. Do you see how simple that plan was, and it works? Me and my uncle making money for free from @v-shape-0DTE idea of trading. Nice and simple. So your plan can be whatever you choose it to be. Even if that plan is risking your entire account on 1 ES futures trade. I have done that before many of times as well. Do not work so hard in trading.