Posted by: joetradingplace | June 22, 2012

Thought Of The Day

Try not to prejudge how long it will take before you can get through at least one sample size of trades, following your plan without deviation, distracting thought, or hesitation to act. It will take as long as it takes. If you wanted to be a professional golfer, it wouldn’t be unusual to dedicate yourself to hitting 10,000 or more golf balls until the precise combination of movements in your swing were so ingrained in your muscle memory that you no longer had to think about it consciously.

When you are out there hitting those golf balls, you aren’t playing an actual game against someone or winning the big tournament. You do it because you believe that skill acquisition and practice will help you win. Learning to be consistent winner as a trader isn’t any different…Mark Douglas

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