Common Futures Market Misconceptions Explained and Clarified…
Discipline Transcends Trading
As the title of the piece suggests, discipline indeed transcends trading. It's what we eat (quantity and type of food), how we comport ourselves, and how we go about pursuing our goals. It's making a commitment to achieving what we set out to accomplish, without compromises or excuses. Why would we believe that if we lack discipline in our day-to-day lives, that we would suddenly become disciplined in our futures trading? That's just deluded thinking…
Too Much Trading Information Often Breeds Indecision
When we decide to pursue trading as a career, the first thing we do is seek out as much market information as possible. We search the wellspring of the web, we read books, and attend seminars. Then, we read some more books and attend more seminars until we acquire so much market information that our problem now becomes information overload.
