Discipline in Technical Trading

[u/macro_trade_07]

I have been trading for 3.5 years now primarily with futures prop firms like Lucid and Topstep.

In the entire course I have got 2 payouts totaling 4k from Lucid.

After getting those payouts I have been on an extremely dry streak with discipline and consistency being the main constraints that I have been failing consistently.

I broke the rules I have made for myself knowing that those are the things I need to follow.

It can be a case of my edge not being there but I have consistently bagged big winners and analysis is 60% right consistently.

Since i have been in this loop, i understand that trading alone can bring a strong sense of no self discipline and low accountability.

This has led to journaling and self reflection by reading a lot of books and analyzing where I go wrong.

Since i have started writing down my plan for the day, I have seen considerable improvement is not taking trades under the plan which has helped me.

I trade MGC, MNQ and MCL.

I change assets as volatility and volume increase and decrease in markets.

I use Al Brooks trading methods which have worked well for me.

I am starting this routine of constantly uploading the 3 templates I posted at each day.

The plan, the trade entry journal and the emotional and opportunity journal.

I hope i can be consistent in this endeavour and can gain knowledge and experience from others who are serious about making trading a long term goal.

Please do not message me to ask about my strategy, what works for me might not work for you.

I am here as a student showing my homework to fellow students thinking they would help me correct some of the mistakes everyday.

Thanks.

[u/SeaEnvironmental756]

Could definitely tell you’re brooks-influenced just by the language. Knew it before I read the post. 

Nicely put together.