Trading Experiment Day 19: Discipline

selfcontrol

A great friend told me three things last night when I told him I was in the battle of my life with discipline:

1. Discipline is simply Self Control- In trading, can I control myself to do what I shouldn’t

2.No Wasted Motion- Don’t obsess, don’t try to steal

3. Blessings or Curses, you choose- I can either choose to be disciplined and be blessed or choose the old ways and have nothing

He is not a trader, and he gave me the greatest trading advice I could ever imagine. 15 seconds and it blew my mind.

But that’s how this whole thing works right? I am not sure the mind is a zero sum game but I am sure it is a field, and weeds must be pulled to make room for new crops to grow. The field is agnostic, it only produces, we choose what to plant. So yesterday, I pulled some weeds. I put down the desire for the surreal and the need to be somebody, and just like I thought, good came in because it was allowed to, not in the form of a trade, but something much much better:

I was able to plant the seeds of self control and discipline in the place of those weeds!

Now for some trading and some charts!

I am kind of kind of neutral on the EURUSD right now. Its right in the middle of this huge triangle pattern on the 4hr

Snagit screen capture
http://screencast.com/t/8lmrntubHj

Here is the important chart for the day for me. I want to initiate a short term long on the bottom of this box if this candle can hold.

Snagit screen capture
http://screencast.com/t/P8mV3gt5H1P

Will update later today

Today…. Is a GREAT DAY! Hope yours is too!

TradingLife:ControlIt

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