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Michael, The first book I ever read on stocks was William J O’neil’s, “How to Make Money in stocks”. In his book he said that most people don’t achieve success in the markets for at least three years. Why? Because they break all the rules. Back then I was like, “No, not me, I want to make money…..” What foolish sentiment, to think I’d be any different from any one else, especially since I was the guy sitting in a six by nine for breaking all the rules. Years later when I started trading, not only did I break the rules for a time, I straight up abandoned them. After I blew up my account the first time I decided to take a break, I started a successful business with my wife. Once I had the management in place to focus again on what I realize is my passion (Nothing else has ever had me up at 3:45 am with a smile on my face) I began to look at my trading accounts again. Same hopes, same dreams, same mistakes. Until I read “Trading In The Zone” literally a month ago. Since then I have doubled my account. Still, at this phase in my trading career, I would say discipline has been my biggest challenge and remains my biggest hurdle to this day…..in other words, myself. Best Regards, Rob
More on the myself issue here.
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