• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Locke In Your Success

Locke In Your Success

Learn how to create income from options trading

  • Home
    • About
    • Testimonials
    • Our Team
      • Sherri Locke
      • Stephen Hammit
      • John Locke
    • Contact
    • Privacy Policy
  • Coaching
    • Fundamentals In Trading Library
    • Options Trading for Income Weekly Webinar
    • GO Ask A Trader Sessions
    • Trading With The Pros
    • Trading Performance Sessions
    • Market Outlook Weekly Webinars
    • Personal Coaching Sessions
  • Become A Member
    • GO Membership
    • PRO Membership
    • Trading Performance Membership
    • Market Outlook Membership
    • Basic Membership
    • Membership Level Comparison
    • Trade Alert Services
  • Trading Courses
    • Options Trading Strategies
      • The Bull
      • Quick & Dirty Broken Wing Butterfly
      • The Super Bull
      • The Bear
      • Unbalanced Butterfly 1 and 2
      • M3.4u
      • V32
      • X4 System
      • Bearish Butterfly
      • M3
      • The ROCK
      • M21 System
    • Trading Performance Courses
      • Advanced Personal and Position Management
      • Broken Wing Butterfly Master Course
      • The Trading Triangle
      • Trader Transformation Workshop
      • Ultimate Income Trader Workshop
      • How To Best Utilize Calendar Spreads
    • Enriching Sessions
      • Performance Parking Portfolio
      • Boost Trading Results Through Proper Back Testing
      • Managing Risk When Entering, Exiting, or Rolling Positions
      • Far Out M3
      • How To Build Winning Trade Plans
      • Reading Your T+0 Line
      • Trading Lab – Design a Trade
      • Trading Lab – M3LT
      • ROCK’in 2018
      • Trading Lab – Roll Baby Roll Index
  • FREE Resources
    • Free Options Trading Consultation
    • Options Trading FAQ
    • Trading Performance Podcast
    • The Winning Trade
    • Successful Trader Presentations
    • TRADING SUCCESS BLUEPRINT
    • FREE Basic Membership
    • Calendar
    • Recommended Reading List
    • Brokerage Firm Selection Process
    • Fundamentals In Trading Definitions
    • Trader Inspiration
    • Financial Freedom Classroom
  • Blog
  • Log In

The Trading Discipline Process

October 2, 2020 by John Locke Leave a Comment

The Trading Discipline Process - Trading Performance Podcast - Episode 30

Many traders miss out learning the trading discipline process. People typically get into trading because they want to make money and they believe that trading is the easiest way available to them in order to do so. This being the case, most people enter trading with the expectation of finding an indicator or strategy where all they need to follow the instructions and then sit back and collect the cash. Those with this expectation soon find out that trading is much more challenging than originally thought. That said, from a mechanical standpoint, making money in the market can be quite simple, however from a mental perspective, consistently winning take a tremendous amount of self-discipline and self-trust. In this episode, we uncover the most common missing component necessary for success in the markets.

Click here or in the video below to learn more about the trading discipline process.

Here are the key points of the episode but don’t let this list take the place of listening because the context is imperative!

The Trading Discipline Process - Trading Performance Podcast - Episode 30
  • The very first step involves being disciplined. That will develop your self-trust and self-confidence.
  • Buy and trade a simple trading system with well defined entry and exit points.
  • Make a commitment to trade the system exactly according to the rules.
  • Naturally with any trading system you will want to make money. SAVE THAT FOR LATER.
  • Gain the discipline to execute trades according to your trading plan.
  • Find a trading system that meets YOUR risk tolerance.
  • Accept that uncertainty is part of trading.
  • Learn the skill of flawless execution.
  • Incorporate the belief into your mental system about the nature of probable outcomes.
  • What’s most probable? What’s most probable? What’s most probable?
  • The trading strategy you use doesn’t have to be difficult or complex.
  • Create the belief that you can make money in the long run with your trading system.
  • The key to everything is being able to execute what you set out to do.

Anybody can get lucky trading for a while without discipline. But if you are someone who plans to consistently trade long-term, this process is a must! If you haven’t gone through this process yet, start today!

Locke In Your Success · The Trading Discipline Process
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin
Pin on Pinterest
Pinterest
Email this to someone
email

Filed Under: Trading Performance Podcast, Trading Psychology Tagged With: income, income trading, options, Options trading, psychology, Psychology of trading, Trading, trading options, Trading psychology, trading psychology books

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Recent Posts

  • Trading Edge Unsteady? Let’s Fix It!
  • The Winning Trade Episode 86
  • Break Free By Understanding Market Conditions
  • The Winning Trade Episode 85
  • 3 Essential Trading Elements

Categories

Search

Copyright © 2022 · Locke In Your Success, LLC. All rights reserved worldwide · Site Maintained by Nustart Solutions