Discipline Cycle 5of5 Profits Day Trading Pound Futures Crude Oil Futures Gold Futures System

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Uploaded by on Dec 11, 2009

Our 5th video completes our Discipline Cycle, and the cycle returns 360-degrees to its beginning

Where did we leave off last time?
•In Video #1 we heard from Joseph James himself as he shared his story of how he developed the Discipline Cycle itself, and we were introduced to the First Phase, which is Discipline, to follow your rules and only take the very best trade set-ups according to your mechanical rules.
•In Video #2 we were introduced to Consistency, the second phase of this 360-degree cycle. This Consistency in your trading comes from seeing the same patterns and the same set-ups with consistency you will begin to see the same consistency in your trading as well.
•In Video #3 we learned about Confidence, the Confidence in our Set-Ups, Rules and entries
•In the 4th Video we develop a sense of Patience in our trading, which allows us to wait for the very best opportunities to present themselves in the market

In this 5th video lets wrap up the Discipline Cycle:
Profits!

Remember
•Discipline Cycle® begins with Discipline to follow those rules,
•Discipline leads to Consistency in your trading,
•That Consistency leads to Confidence in your trading!
•Confidence develops the Patience to wait for the best trading opportunities!
•Patience to wait leads to Profits!

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Uploader Comments (SchoolOfTrade)

  • very good point, incidentally my grand ma also taught me to learn patience. great video james

  • @gutrp thanks for the support! dont forget to ask about our flexible membership options, come see us in the live trade room

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  • Great videos, thank you!.....but i would share my understand about trading psychology...to achieve the discipline cycles, the trader need to work with his/her mind, to reprogram his.her believe......difficult to change if one doesn't understand...understanding the cause...

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