Discipline may look little but I will say it's take half percent of your trading , making a consistent profit in financial markets comes from how you discipline yourself
In a simple definition discipline in trading is the way you enter and exist your trade ml, discipline warges how you control your self when you open the market,this defines how you behave or control your emotion when you are in a lost trade,did you close the market quickly before you you hit your stop loss or how you you control your emotion when you are in profit
This tells alot about your discipline in your trading
Advantage of having a good discipline,you will always make profit in the market and your lost will be minimum ,if you actually make loss , discipline is when you know the market if infinity,so you won't force trade,you will always wait for the best market setup before you trade
Having good discipline will give you a step ahead in the market ,a good discipline will boost your advantage in the market
Did you know you can actually be the best technical trader but because you lack discipline will make you keep jumping from one strategy to another strategy,you will rearly see a good discipline trader making loss in his/her trade , having good discipline doesn't mean you wont make a loss in your trade but having good discipline will guarantee that you won't blow up your capital
This doesn't compare the time you have actually use in the market, it's actually come from experience but you may be oldies in the market and lack the discipline of trading, you might be jumping from one strategy to another instead of you controlling your emotion and put your discipline in place when trading the financial market
There is study that says ,20% of technical analysis and a good discipline is enough to make profit in the market,you don't need to use all the strategy or all the indicator in the market, study your emotion, know how to control your emotion and be the best trader you dream of
Instead of you subscribing to different signal group, either in your telegram channel or Whatsapp group, why don't you discipline your self to a particular rules ,you subscribe to other channels because you don't respect your rules , because you don't believe in what you know but believe what other people gives you ,
you might actually know more than the admin who gives you signal trade but because you don't know what you actually know,you don't believe in what you learn , makes you believe other knows more than you and you pay for the signal you can actually get from the the market yourself
This picture was gotten from my WhatsApp, that is the reason I Don't input the link
It's been a while here in on hive , thanks for reading and I hope it's helpful,
God bless you , God bless me ,and God bless hive community