Written by A.J. Brown

The 5 Master Keys to Disciplined Trading

The 5 Master Keys to Disciplined Trading

I’m often approached by people looking for the “holy grail” when it comes to trading.  Well… most people don’t like my answer.  The “holy grail”, I tell them, is becoming disciplined; taming your fear and greed emotions when trading.  It’s not a new fangled trading indicator or a super secret trading strategy.  It’s not a specially programmed automatic trading platform (although, if using an automatic trading platform forces someone to stick to their plan and not be swayed by their emotions, then we’ve got something).  It’s just not a “sexy” topic.

Still, not mastering the trading discipline is why it is said that 92% of new traders don’t last.

For me, and the traders I’ve closely taught, we have found that investments groups can be a key.  In fact it was me forming a group of like minded option traders over a decade, that changed my own personal trading practice from being a shamble to being a reason I’ve never had to work at a job since.  Powerful stuff.

There’s more than just being in a group.

I had a close friend and trading partner, Norman Hallett, join me on a webinar last week, to talk about this particular subject.  You see, both of us are having one of our best years to date, trading. Yet, so many people we both encounter have trading practices that are suffering. We talked on this webinar about why some are growing in their trading and why some are dying.

I didn’t personally record this webinar.  In fact…

I wasn’t actually thinking it would be a good thing to have a recording of this webinar, because, with respect to discipline, I have found that if people know a replay available, they will watch it “later”.  Later often translates to never.  True or true?  Whereas if someone is invited to a live webinar and actually attends, they will sit down and participate.

But, never the less, one of our attendees of this webinar did record it.  And, they made it available to us.  So, I decided to post it here on our blog. Please excuse the quality.

Norman, covered some amazing pointers:

1) Journaling

2) Burning adrenaline formed sitting in front of your terminal, trading the active market.

3) Having a plan you trust.

4) Affirmations and incantations.

5) Dealing with losing and winning trades appropriately.

and a ton more…

So, enjoy!  And, for sure, please click on the ‘view full screen’ link in the menu bar of the video player.

Please comment below with your thoughts.  I’m interested in your takes on the subject matter of trading discipline.


3 Responses to “The 5 Master Keys to Disciplined Trading”

  1. Joe Hodges @ 5:43 pm:

    Hello A.J.,just wanted to let you know how much help the webcast was for me. i’ve been trading for about 9 years,thru the years i’ve been hitting and missing on my trading. this webcast with norman was an eye opener. discipline is the thing to have. i’ve been missing big time in this area.i’ve had systems and plans in the pass that worked for awhile and then i would let my emotions back in control. the main reason i felt was no DISCIPLINE. right now i’m with a group and all we do is trade the Q’s. i’m somewhat excited about this because of the success i’ve had trading options on the Q’s. i’ve written up my plan and the criteria for my getting in and out of a positions. this webcast that you put on was very helpful for me and took down alot of notes. the information that you all shared has helped my alot. i have joined you yet,but may in the future. and the pointing out of having a jounral was priceless. well i could go on but i’ll stop for now. again i thank you for sharing yours and norman’s expertise on this matter.

  2. A.J. Brown @ 3:42 pm:

    Thanks for closing the loop with me Joe. Norman is an amazing fellow; has helped me a lot with my trading. Looking forward to seeing you around the community!

  3. Arvind Patel @ 6:34 am:


    Thank you for this, A.J. Very excellent presentation from Norman. I have been following both Norman and you for sometime through subscription. I am determined to become a successful trader before my retirement within the next few years. I am hoping to join for your learning programs when I can find the funds.

    I need to understand what is option trading compared to Forex trading before I commit my scare resource - money and time.



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