A Good Practice Destroys Itself

We take on a discipline to do something we don’t naturally do or want to do. We set some rules that will be uncomfortable and ride out the restless energy.

Keep in mind that a good practice destroys itself, the whole point of a discipline is to get to the point where we don’t need the discipline anymore. That is called transformation and it takes time.

By being consistent with discipline over time, the reactionary impulses begin to die down and you will find yourself more balanced. This is where true intuition can begin to show up.

At some point, you might see where one of your strict rules doesn’t make sense for a trade and if you come from a balanced mindset, you can make a commonsense decision about it.

This kind of thing is testable if you have an objective method. You test your intuitive results against the objective method results. This is all a one-step forward, 2 step back kind of thing and takes time to develop. If you’re in a rush, this tells you you’re not balanced and need to keep the steady discipline.

Shane

What Is Flowing With The Market?

We have all heard that it is a good idea to go with the flow of the market but what does that look like? It’s not enough to just read about flowing with the market, it must be practiced and experienced. We must acquire the skill of following markets up and down through its changes seamlessly.

A disciplined trading plan will have an objective method and will objectively define entry, stop, and management. Part of any good method is never wondering if the market is going up or down or about to turn, It’s doing what it’s doing. You want to independently know this information without having to check outside sources.

In the video, I show a simple way to practice using a 100-period moving average, but you can use anything you want as long as it is objective and follows the market. This is a letting go practice, a learning to change with change.

We have all heard that it is a good idea to go with the flow of the market but what does that look like? It’s not enough to just read about flowing with the market, it must be practiced and experienced. We must acquire the skill of following markets up and down through its changes seamlessly.

A disciplined trading plan will have an objective method and will objectively define entry, stop, and management. Part of any good method is never wondering if the market is going up or down or about to turn, It’s doing what it’s doing. You want to independently know this information without having to check outside sources.

In the video, I show a simple way to practice using a 100-period moving average, but you can use anything you want as long as it is objective and follows the market. With just a few rules we can use, the moving average to tell us if the market is up and we are looking for longs, if the market is down and we are looking for shorts, or if it’s neutral and we are neutral. This is a letting go practice, a learning to change with change.