For some of you, the hardest part about trading is "letting your winners run" or "cutting your losers short."
I sympathize. However, for me, the hardest part about trading is actually getting to the part where I can say I know anything about how I trade and understanding where my strengths and weaknesses lie. You need discipline to sit and go through your trades.
I mean, I head over to Trader X's site and he's like "keep a trading journal." Know thyself. I check out the Warrrior and he's like, "Check out this awesome chart pattern... I'm rich! Oh, and my blog is available on Kindle!" Everything seems so simple for these guys.
In fact, instead of actually going through graphs right now (like I planned on doing) I'm here writing a bullshit post about how I can't find the discipline to go through graphs and figure out how I should trade.
It's my particular curse that I need to trade for a living, yet I have no interest in actually studying how to trade. Somehow, I've done this for a decade.
So here's the plan. I'm going to "scheduleize" my life and this blog and see if it makes me more efficient. One of my goals in 2009 is to be more "professional" and this is a necessary step in that direction.
Monday - A post that discusses a trade I made.
Tuesday - Around the house
Wednesday - History post
Thursday - Porn and politics
Friday - Links from around the blogosphere.
The only things that are set in stone at this point are Monday, Wednesday and Friday. The Friday thing is a new feature... And for now, the RO posts will continue on a daily basis.