Wyckoff volume benchmarking / market profile bt analysis board

[jxyzobrien]

trading rules (wolf trading) TRADING PSYCH WATCH THIS
starts at minute 21
the principles in life that make you successful in life
will make you a failure in trading
You must follow directions the more analytical you are the worse you trade
Women follow direction better then men
the market is designed to make you do the wrong thing at the wrong time

type 1 personality errors
patience problem (everyone thinks they are) most have short fuse
the Karens of the world (let 1 car in only). can you deal with losses.
Be honest how patient. Do you believe in your system????
Find out the flaws (stops are insurance). they tempt your patience
Must be highly disciplined. give up too soon. LET IT RUN
tiny losses followed by big gain. stops too tight.
Mark Douglas- you must commit to a certain amount of trades.
type 2 error- worst errors
test greed an complacency ALARMS IGNORED
low drawdown then collapse