Identity Beliefs of Consistently Profitable Traders

... continued from yesterday.

Here’s some ideas from trading coach Mark Douglas about the identity (beliefs about themselves) of consistently profitable traders. An easy way to adopt them is to read them during trading hours. They are from Mark Douglas’ book Trading In the Zone.

I am a person who always:
-follows his/her own system rules for entry and exit
-predefines the risk of every trade
-completely accepts the risk or else doesn’t do the trade
-acts on his/her edges without reservation or hesitation
-pays himself/herself as the market makes money available to him/her.
-continually monitors his/her susceptibility for making errors

Copyright 2006 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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