Forum Archive Index - January 2004

[robin benson <rob@hammerheadmedia.co.uk>]

If you mean you must have discipline, then I agree.

If you mean that you must follow your system over the edge of a cliff, 
against your better instincts, then that is quite another thing, and 
alltogether a more complex issue.

Many successful traders say trade your system, but do so with very 
small amounts of capital, increasing the size of trades only when the 
system has shown itself to be successful. Also, risk management is 
frequently highlighted as a critical discipline ("don't bet the farm").

Robin

On 17 Jan 2004, at 02:36, Woody wrote:

> What ever you do you MUST believe in your system ( whether its a coin 
> toss, reading the entrails of a goat or following the rules of WD Gann 
> ) AND you MUST trade your system consistantly,


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