After my last article where I revealed “An Odd Place to Refine Your Trading Skills…” I got a comment that I thought was fitting…

in fact maybe even more fitting than the “odd” way I was suggesting to refine your trading skills.

The comment was

How true!

But unfortunately, I am an impatient man…and, therefore, to tackle the dilemma, I just play and buy in 0ne or Two number quantities while waiting for a good hand (so to say). This way I reinforce and check the strategies with minimum risk.

May be this is then second best thing to do for impatient traders.

VM

This is a good suggestion, in fact I’ve kind of suggested it in previous articles on how to ramp up your trading.

But this is a good technique that even intermediate and advanced traders can use when they have the ‘urge’ to trade, despite the fact that their system is telling them otherwise.

Now while some may feel that this goes against the idea of discipline, I think that by taking a very small trade that will not blow out your account, you can satisfy your need to trade, and not end up overly anxious to jump into a potential trade prematurely.

Because like a dieter who is trying to use will power to not eat a crumb of chocolate cake, more often than not they’ll end up in a state where they’ll just binge. Instead of suffering that fate, satisfy that craving with just a bite or two, and you’ll be satisfied.

Just don’t fall into the trap of making many ’small’, ‘insiginficant’ trades… or else you’ll wither away your account before you know it.

Once again we’ve come back to the key element of disipline

Continued Success!

Ray

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