Discipline: The Essential Trading Ingredient

May 14, 2010

Discipline.

It's a tough but absolutely necessary component of any plan for success, in life or in the markets.

As astro-traders we have a unique advantage in our speculative efforts. We can align ourselves with cosmic forces that most ordinary traders never even dream about. With that alignment we can forecast market turning points with greater accuracy, identify the treacherous times when it is best for us to stay away from trading, and understand the complexities of market cycles in a more lively and insightful way.

But all the astrology in the world won't do us any good if we don't bring sufficient discipline to our trading.

We need the discipline to follow through regularly with systematic market analysis that not only helps us formulate opinions about market direction, but that also leads us to specific conclusions about concrete trading plans.

We need the discipline to get into the fray, to put our money at risk in the markets, and to put our experience and analysis to the test in the real world of buying and selling. At the same time, we need the discipline to determine ahead of time exactly how much we are willing to risk, to figure out what acceptable levels of loss are, and to put together strategies that include hedges, stop-loss orders, or other mechanisms for protecting our capital.

Above all, we need the discipline to think for ourselves. No matter what the prevailing opinions of the media and the market pundits may be, no matter how bold and blaring the headlines are, it is our job as astro-traders to chart a new course. If we trust our own perception and analysis and then take action in the markets based securely on that trust, we are well on our way to fulfillment and success.

That, of course, is easier said than done.

Which is where discipline comes in. If we are willing to do our homework in market analysis, to set clear trading objectives, and to manage our trades actively and intelligently-no matter how we happen to feel-then we are much more likely to experience the profits and the pleasures that astro-trading offers us.

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MORE INFORMATION, LESS RISK

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GREEK DEBT CRISIS-- THE ASTROLOGY SHOWED IT AHEAD OF TIME

The news continues to be saturated with items on the widening crisis in Greece, which was enabled by the behind-the-scenes manipulations of Goldman Sachs and which is now threatening to bring down the entire economic structure of the European Union, in spite of Germany's leadership in trying to cobble together an adequate bailout plan.

For attentive astrologers, however, this perilous situation was no surprise. In fact, Gold Members at www.FinancialCyclesWeekly.com got an advance warning-see the details in the video at http://www.financialcyclesweekly.com/public/802.cfm .

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