Self-Improvement Versus...

Disciplined Trading Strategies

The full title is simply too long to be an actual title, but it should be “ should you spend more time on self-analysis and less on technical analysis”. In trading there are SO many things that you hear as advice that seem to be the professional’s answer, but they are not. It is kind of like the doctor saying “go home and rest”, no matter what your ailment is. The advice is safe, it is not bad, and it comes from a doctor. It must be right. But is it best?

Even more so in the market, lots of common-sense answers are NOT the true professional answer. They are numerous and simple to spot. There is a level of understanding that has not been achieved by people who give these answers. They are not always bad answers, but they are not the correct answer. I am a huge proponent of self-analysis and self-improvement, but there is a big Catch-22 that has to be understood or all efforts will be futile.

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